Tag Archives: unemployment

“Greece Enters Death Spiral”

Posted on August 19, 2010 by maxkeiser| 30 Comments

The austerity measures that were supposed to fix Greece’s problems are dragging down the country’s economy. Stores are closing, tax revenues are falling and unemployment has hit an unbelievable 70 percent in some places. More

→ 30 Comments

Posted in Headlines

Tagged athens, death spiral, greece, unemployment

“The equivalent of selling apples during the Great Depression”

Posted on November 10, 2009 by stacyherbert| 32 Comments

Stacy Summary: Despite all the Depression like numbers across all data relating to the Average Joe, it’s been very difficult to find any evidence in the news for Depression-like existence for the bottom 99%. I guess we’re now starting to see some of that make it into the news . . .

The unemployed in America wait in Home Depot parking lots to compete with illegal immigrants for day labor jobs

→ 32 Comments

Posted in Headlines

Tagged day labor, unemployment, us depression

Headlines, Headlines, Headlines – 30 April 2009

Posted on April 30, 2009 by stacyherbert| 22 Comments

Stacy Summary: Great Bloomberg headline in that it pretty much sums up the neo-liberal reality – catastrophe for workers is catastrophe averted for bankers & corporations. The problem with operating a giant global ponzi scheme with this paradox, however, is that the ponzis at the bottom of the pyramid need to earn something eventually to keep the debt bubble going.