greece and spains unemployment will rise to 30% next year experts say.
the austerity measures or conditions the ecb is forcing countries in need to accept will make the unemployment etc worse. a depression certainly on the cards. the ecb wont help countries in need with this unlimited bond buying program unless they accept the above mentioned austerity measures.
the ecb and traders think the 30% unemployed ( over 50% youth unemployed) in spain and greece will just sit there and take it and whistle dixie. its time the markets stopped snorting crack cocaine and woke up. next year and especially 2015 aint going to be pretty.
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