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Spain's sickly economy faces a "crisis of huge proportions", a minister said on Friday, as unemployment hit its highest level in two decades and Standard and Poor's weighed in with a two-notch downgrade of the government's debt.
Spain's unemployment rate shot up to 24 percent in the first quarter, the highest level since the early 1990s and one of the worst jobless figures in the world. Retail sales slumped for the twenty-first consecutive month.
Romania's opposition torpedoed the centre-right cabinet in a confidence vote on Friday, raising the prospect of months of political turmoil and questions over a belt-tightening campaign that has caused a wave of protests against IMF-backed reforms.
Originally posted by TheCoffinman
bump
c'mon people, have you nothing to say? The dutch government fell, the UK is officially in recession again, greece is about to explode and then this happens and you have nothing to say?
Originally posted by TheCoffinman
bump
c'mon people, have you nothing to say? The dutch government fell, the UK is officially in recession again, greece is about to explode and then this happens and you have nothing to say?
Watch Tony Robbins discuss the $15 trillion U.S. national debt -- how big is it really? And what can we do about the enormous federal budget deficit?
Originally posted by pikestaff
Yep, the usual thing, stock up on food, seeds, water, sharp sticks, catapults, stones, body armour, sword or two, fire wood, clothing, footwear, garden tools.blankets. medical items. matches, candles. read all the 'survival'threads.