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Forum Post: Europe Headed for More Trouble

Posted 12 years ago on April 15, 2012, 6:08 p.m. EST by FHampton (309)
This content is user submitted and not an official statement

http://www.counterpunch.org/2012/04/13/spain-marches-toward-a-depression/

http://www.bloomberg.com/news/2012-04-15/euro-area-to-seek-bigger-imf-war-chest-as-spain-concerns-mount.html

4 Comments

4 Comments


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[-] 1 points by Builder (4202) 12 years ago

Makes me wonder; Spain and England were the champions at invading, looting, colonising, polluting, and sharing diseases with other nations. Both nations are now broke and dependent on welfare.

Karma has a funny way of catching up with people.

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[-] 1 points by sato (148) 12 years ago

If karma were to bite us in the 4$$ we would be fked. We are the present day champions at invading, colonizing, polluting and looting.

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[-] 1 points by Builder (4202) 12 years ago

Don't you mean "spreading democracy" ??

Despite the fact that both sides of your political spectrum are owned by corporations?

Globalisation was the key move by megacorps in their goal of sharing the conjured debt of some nations, to those all over the globe.

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[-] 1 points by infonomics (393) 12 years ago

Little over a year ago, Spain had a five year supply of unsold homes and 22% unemployment. I earnestly doubt much has improved.

From the link:

In Spain, joblessness has soared to 23 percent, and among young people, it’s nearly 50 percent.

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