Oliver Stone

Oliver Stone
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.

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