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Wednesday, September 3, 2014

Europe -- Back into Recession

Stopping Europe's Descent Into Deflation from the editors of Bloomberg 
"Until recently it was debatable whether Europe's economy was recovering. No longer. Its recovery has stopped. The question now is whether the stagnation will tip over into something worse."
WHAT will it take to get the leadership there to WAKE UP!?



European youth will be have to learn soft job skills, like showing up on time and taking directions, in their 30’s and 40’s. The brutal truth is, and statistics bear out, that a person who has not worked by the age of 30 has a low probability of ever working at all. When and if the EU economies recover, employers will first hire more malleable recent high school and college graduates. I envision an EU future of pathetic economies supporting a large permanent welfare system, with a generally low standard of living for everyone.

Posted by: hopeandespair

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