Common Sense Commentary on: Economics, Plutocracy, Corporate Take-over of Democracy, Government Waste and BEER.
Cutting through distractions and diversions, hacking through TRIVIAL Lame Stream Mediocrity, with a machete of humour, smeared on a bagel of wit.
Untold History of the US
Friday, September 28, 2012
Spain's "Austerity" --- Protests Expand
The LSM here in the USA hardly mention the protests in Madrid where the parliament was surrounded the other day.
Spain has some serious problems with 40% YOUTH UNEMPLOYMENT, that's 16-21 year olds who don't have a job and with plenty of energy are in for a good fight with the authorities.
How long will these protests last?
Will the Spanish people "accept austerity"?
What will be the next bank collapse in Spain?
As the Euro crisis limps along into 2013, Spain's economy will most likely deteriorate further, a big Spanish bank will fail and social revolt will continue on a larger scale.
There can be no other outcome.