Tag Archives: Spain

El Pais Article Discusses “Liberating Spain from Shackles of the Euro”

Posted on April 28, 2013 by

By Michael Shedlock Today Spain has reached a record number of unemployed. Although we do not  like the current state of things, no one seems to know against whom to  direct their anger. Actually, we are under a dictatorship perhaps  … Continue reading →

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Do degrees help young Europeans find jobs?

Posted on January 16, 2013 by

The unemployment rate in the EU reached a record high of 10.7% in November 2012, according to figures published earlier this week by eurostat. Youth unemployment, in particular, has been consistently gloomy since the beginning of the crisis, with almost … Continue reading →

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Eurozone unemployment hits new high

Posted on October 31, 2012 by

By Julia Kollewe Unemployment in the eurozone has risen to a new high, with Spain recording the highest jobless rate with more than one in four out of work. There are now 18.49 million people without jobs in the 17 countries … Continue reading →

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Spain: Consequences of a Generalized Depression

Posted on October 31, 2012 by

 By Staff  at the Daily Bell Spanish unemployment hits new peak … One in four Spanish workers are now without a job. Spain’s unemployment rate hit a record high of 25% in the third quarter, as the jobless total grew … Continue reading →

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Debt Black Hole Event Horizon, Economic Singularity, The Minsky Moment

Posted on October 19, 2012 by

By John_Mauldin “Concern about politics and the processes of international   co-operation is warranted but the best one can hope for from politics in   any country is that it will drive rational responses to serious   problems. If there is no consensus on … Continue reading →

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Spain Falls to Pieces, as Predicted

Posted on September 28, 2012 by

by Staff Report (Daily Bell) Be Very Careful, Beloved Spain … Two weeks ago I was interviewed by the Catalan newspaper El Punt Avui. I said it would be unthinkable for the Spanish state to stop Catalan secession by military force. … Continue reading →

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Eurozone crisis live: General strike underway in Greece against austerity programme

Posted on September 26, 2012 by

By  Graeme Wearden There are signs of serious jitters in the City today. As feared, the yield on Spain’s 10-year bonds has now risen about 6% (6.03% at pixel time). The stock markets are all still lower,, with Spain’s IBEX … Continue reading →

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An Anorexic on a drip is not a healthy patient

Posted on September 10, 2012 by

BY David Mc Williams Last week was a highly significant one for the EU and the eurozone, but not in the way you might think. Mario Draghi, president of the European Central Bank (ECB), has driven a coach-and-horses through the … Continue reading →

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Markets rally after Mario Draghi unveils ECB plan to save the euro – Eurozone crisis live

Posted on September 6, 2012 by

Before we get carried away with the euphoria, there are plenty of reasons to be cautious about what was announced today. As mentioned earlier, the conditionality element is key – Draghi says countries who receive help through the Outright Monetary Transactions … Continue reading →

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The death of the euro is more likely than its survival

Posted on August 3, 2012 by

By Dan O’Brien ECONOMICS: It was once unthinkable that post-1945 Germany would ever turn its back on Europe AT THE beginning of each year, this newspaper publishes a preview of the coming 12 months. In the 2011 preview, I put … Continue reading →

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