unemployment Archives - gandeste.org

Europe, Unemployment and Instability

contribuitor — Wed, 06 Mar 2013 13:37:09 +0000

The global financial crisis of 2008 has slowly yielded to a global unemployment crisis. This unemployment crisis will, fairly quickly, give way to a political crisis. The crisis involves all three of the major pillars of the global system — Europe, China and the United States. The level of intensity differs, the political response differs and the […]

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Worst Since World War II: 50% Unemployment: Over Six Million Teens and Young Adults Are Out of Work and Not In School

contribuitor — Wed, 05 Dec 2012 13:36:30 +0000

Amid a worsening fiscal crisis, a crumbling economy, and the destruction of over 40% of America’s wealth in just the last few years, it should be quite clear that this is no ordinary recession. In fact, with progressively dwindling job opportunities, a long-term downward trend in real estate prices, and the near doubling of participation in emergency benefits programs […]

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Nigel Farage: Euro Break-Up Inevitable, Just a Question of How

contribuitor — Tue, 24 Apr 2012 06:17:41 +0000

Transcript: “It’s a great shame Mr Van Rompuy’s not here because a month ago he told us the worst was over, we’d reached the turning point. He even told us that he’d solved the Euro crisis! Well, today we’ve got a more realistic Mr Barroso who says if we follow his policies and stick together […]

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Don’t be fooled by the money illusion

contribuitor — Thu, 29 Mar 2012 06:23:29 +0000

Now that inflation is beginning to pick up, it is vital to distinguish between what is real and what is just an illusion caused by inflation. If one does not, one might very well come away with the impression that the economy is shifting into higher gear when, in fact, it is not. Take retail […]

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Americans Are Protesting for the Same Reasons Arabs Are Protesting: Corruption, Unemployment and Rising Food Prices

contribuitor — Tue, 04 Oct 2011 07:25:11 +0000

Corruption, Soaring Food Prices and Unemployment As I documented in February, soaring food prices, corruption and youth unemployment are leading causes of the “Arab Spring” of unrest in the Middle East. And I’ve repeatedly pointed out that it is a global – not Arab – revolution: The worldwide riots are not mysterious or unforeseeable. They’ve been predicted for […]

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“Economic Armageddon”: Washington’s Response to a Failed Ecomomy: More War

contribuitor — Mon, 01 Aug 2011 06:27:16 +0000

As the second decade of the 21st century began, the US economy had not recovered from the Great Recession that began in December 2007. The economy’s failure to recover was despite the largest fiscal and monetary stimulus in the country’s history. There was a $700 billion bank bailout, a $700 billion stimulus program, a couple […]

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Anti-austerity protests spread across Europe

contribuitor — Wed, 22 Jun 2011 08:00:12 +0000

Anti-austerity rallies have been held across Europe – in Spain thousands marched to protest against high unemployment and their government’s handling of the economic crisis. It was the first major demonstration since the end of the so-called ‘Indignant’ (Indignados) campaign in which Madrid’s central square was occupied by activists for several weeks. One protester said […]

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Roubini: ‘Perfect Storm’ May Threaten Global Economy

contribuitor — Tue, 14 Jun 2011 08:03:35 +0000

A “perfect storm” of fiscal woe in the U.S., a slowdown in China, European debt restructuring and stagnation in Japan may converge on the global economy, New York University professor Nouriel Roubini said. There’s a one-in-three chance the factors will combine to stunt growth from 2013, Roubini said in a June 11 interview in Singapore. Other […]

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