Greek Youth Unemployment Tops 60%
14
Febraury, 2013
Optimism
it seems is all that matters (or is all that is allowed) as we are
battered by dismal data left, right, and center. Of course, a
reflection on the markets tells any 'smart' person that it
all must get better - or why would stocks or sovereigns, or EURUSD be
where it is? However,
the 6 out of 10 15-24 year olds in Greece (61.7% to be exact) would
beg to differ with that view of the world (as their
economy grinds to a halt)
- and with Spain reaching new highs at 55.6% (as well as the
Euro-zone over 24%),all
the bureaucratic lip-service in the world won't
stop the revolt that is coming we fear
.
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