The violence-prone age group has astronomical unemployment. http://www.theatlantic.com/business...chart-in-europe-just-got-even-scarier/259625/ Young people with no jobs and no prospects. Behold the fruit of Euro-socialism.
Some truly stunning pics in this link... http://www.rt.com/news/spain-protests-austerity-cuts-634/ Spanish police have clashed with protesters who marched against the latest batch of austerity measures. Over a million public employees, trade union members and fed-up citizens have taken to the streets in over 80 Spanish cities. (*)Violence erupted in Madrid around midnight. Police used rubber bullets and tear gas to disperse the crowd as it tried to reach the congress building. In some more urban areas, activists set garbage containers on fire and tried to block police vehicle access. No injuries or arrests have been reported. In Barcelona, similar scenes were reported. About a dozen protesters were arrested there, outside the local parliament building. (*)Demonstrators carried flags and banners decorated with scissors, symbolizing the country's harsh spending cuts. The streets of Madrid were paralyzed by the boundless crowds of people. The protests were organized by unions, who have been outraged by the government’s new measures – which include an elimination of Christmas bonuses for civil servants. Earlier Thursday, Spanish Parliament approved a new package of spending cuts and tax hikes aiming to save $80 billion in a bid to take a bite out of the budget deficit. Since the measure was announced last week, Spain has witnessed a series of daily demonstrations, some of which have erupted into violence. Europe's fourth-largest economy also has the EU's highest unemployment rate. About a quarter of working-age Spaniards are unable to find work. Meanwhile, Germany’s lower house approved a $122 billion rescue package for Spanish banks in a bid to help the country cope with "excessive" market fears and prevent the eurozone's debt crisis from spreading further http://www.rt.com/news/spain-protests-austerity-cuts-634/
Cannot spend what they don't have forever...The folk screaming the loudest were the same folk who got most of the goodies.
It has been my experience that when you pull a fat hog from the trough, he squeals like crazy. So we see in Spain.
Riot all they like. The money is moving out of the southern Euro-zone and going to places like Serbia, Hungary, and Iraq. http://online.wsj.com/article/SB100...640781934.html?mod=WSJ_World_MIDDLESecondNews Somewhere GW Bush and Dick Cheney are smiling.
Really, so it was not overpaid public employees and overly compensated retirees on the taxpayer dime who are in the streets?
Which streets? And how would you know who they all are? Why take the side of banks that have plunged nations into misery, over the people? Are you an international banker, or on their payroll?
What, the banks promised public employees more compensation that tax revenues supported? The banks set up the nations public retirement programs and decided Greek hairdressers should be able to retire with a full pension at age 55... What is it with the confused and their hate of banks? What we have is a continent (with few exceptions) who have been providing fiscal alcoholics with 'free' booze for decades and now the bill has come due. That is not the fault of banks but of pandering politicians and stupid greedy voters who are so very easily bought. In Spain all that had happened prior to last week was a cancellation of civil servant Christmas bonuses (a hit of 'up to' 7% but for most far less)...To hear the mobs, one would think they had their income cut in half. http://articles.chicagotribune.com/...and-protesters-civil-servants-madrid-s-puerta The nation is on the brink of actual crash and the only fix is to tighten the belt and we get mass protests. Just what is the protesters solution? They never note that? The daily routine no longer works. Something new must be done and borrowing billions from Germany that they cannot pay back is not any sort of a solution.
Its going to be funny when Germany tires of the stupidity of the EU and leaves. They will get their money back by invading these leeches.
Add a total lack of knowledge about international banks, their global skullduggery, and how they bring nations to their knees...so that like parasites...they can profit from it.
Don't they have a forum for wacky theories and evil conspiracies? You know, somewhere the worlds, lets be gentle, 'special' folk can gather to talk about evil 'Jews', wily bankers, Rothschild's, FEMA Concentration camps, 'truthers' and other nuts...
... WSJ -- for European affairs? In fact, any Anglo-American outlet is pretty worthless. LMAO! Hungary is probably the biggest mess around after Greece, ... No, the money is being kept in the EZ -- in case you haven't noticed: Northern EZs are "paying" (/receiving) negative interest rates...
What happened in Spain and Greece is what happens when you allow bankrupt countries into a union, where the countries two industries are government and tourism. Where a major, government jobs, money is supplied by the minority, tourism jobs. Eventually it was going to fail but the lack of tourism due to the banking ciris in the U.S. only made it come faster. A majority of Europe will follow due to a lack of any industry. The only safe country is German, and possibly France but it is become more and more unlikely.
Yes, we should expect rioting. They might have changed how they were doing things down in Greece since I last checked their legislation. But the trend they had going for a while was that when cuts were coming the groups that protested the loudest and most spectacularly got the fewest cuts. Which I suppose is understandable given that politicians aren't fans of massive riots and having their cars lit on fire. So as the party ends and austerity kicks in you'll have what amounts to a competition between people wanting to be the ones keeping their government goodies and have the cuts fall elsewhere. I think of it as the southern european olympics. Stay watching for exciting events like the tear gas dash! (Although, seriously, it's unfortunate it came to this. But still. )
