Entries Tagged as 'unemployment'

“Greece Enters Death Spiral”

August 19th, 2010 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

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“The equivalent of selling apples during the Great Depression”

November 10th, 2009 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 [...]

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Headlines, Headlines, Headlines – 30 April 2009

April 30th, 2009 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 [...]

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