Dr_Pangloss Posted January 24, 2013 Share Posted January 24, 2013 (edited) 6m now unemployed in Spain or 26% of working pop More accuse in 18-24 yr olds - 56% unemployed The youth unemployment rate isn't 18-24 year olds, it's typically 16-24 (inclusive) or even 15-24 (if you get your data from Eurostat. It's quite amazing how much it has risen, it has typically been high in Spain over the last 30 years, in fact it hit around 45% in the mid 90s, but their economic boom brought it down dramatically to just below 20% in around 2006. Of course, we should also be mindful of how the rates are calculated and the fact that a hell of a lot of young people in Spain work off the books, still, 55% is pretty unprecedented. No wonder many of them are fleeing the country and looking to places like the UK (smirk) and Germany. Edited January 24, 2013 by Dr_Pangloss Link to comment Share on other sites More sharing options...
Awol Posted January 24, 2013 Share Posted January 24, 2013 6m now unemployed in Spain or 26% of working popMore accuse in 18-24 yr olds - 56% unemployedIf only they'd joined the Euro. Link to comment Share on other sites More sharing options...
CI Posted January 24, 2013 Share Posted January 24, 2013 Let's hope it's not a sign of what's coming here Link to comment Share on other sites More sharing options...
Dr_Pangloss Posted January 24, 2013 Share Posted January 24, 2013 Well it's not a sign of what's coming here. Link to comment Share on other sites More sharing options...
CI Posted January 24, 2013 Share Posted January 24, 2013 Hmmmm not so sure Link to comment Share on other sites More sharing options...
Dr_Pangloss Posted January 24, 2013 Share Posted January 24, 2013 I am, 55% youth unemployment will not happen in the UK. Link to comment Share on other sites More sharing options...
CI Posted January 24, 2013 Share Posted January 24, 2013 Maybe not that high but things will get worse, a lot worse. Link to comment Share on other sites More sharing options...
CI Posted January 24, 2013 Share Posted January 24, 2013 Thing is in the UK the laws of economics are being blurred by politics (for now) There will only be 1 winner Link to comment Share on other sites More sharing options...
TheDon Posted January 24, 2013 Share Posted January 24, 2013 Now I know that you are James Allen. She's replied. That's why I didn't post it, only real option was to post with google+ account, and I don't want you weirdos knowing my real name! Link to comment Share on other sites More sharing options...
Eames Posted January 25, 2013 Share Posted January 25, 2013 (edited)   Now I know that you are James Allen.   She's replied.  We ar/were friends on FB so its a little cold you didn't already know that Mike...... :cry: Didn't understand her reply either...... Edited January 25, 2013 by Eames Link to comment Share on other sites More sharing options...
mjmooney Posted January 25, 2013 VT Supporter Share Posted January 25, 2013    We ar/were friends on FB so its a little cold you didn't already know that Mike...... :cry: Didn't understand her reply either...... Nor me. I've almost certainly unfriended you on FB. Nothing personal but I purge it from time to time to keep the numbers down to people I talk to a LOT. I usually accept FB requests from VTers, but few of them survive more than a year. Like I say, it's genuinely nothing personal, it's just the way I use FB. 1 Link to comment Share on other sites More sharing options...
snowychap Posted January 25, 2013 Share Posted January 25, 2013 Fourth quarter GDP down by 0.3%.The UK economy shrank by 0.3% in the last three months of 2012, further fuelling fears that the economy could re-enter recession.The Office for National Statistics (ONS) said the fall in output was largely due to a drop in mining and quarrying, after maintenance delays at the UK's largest North Sea oil field.The economy had grown by 0.9% in the previous quarter, boosted by the London 2012 Olympic Games.For the whole year, growth was flat.... Link to comment Share on other sites More sharing options...
drat01 Posted January 25, 2013 Share Posted January 25, 2013 ooops - I suppose this wont matter but the economy shrunk (yet again) by 0.3%? Must be someone else's fault, can't be Gidoen and Cameron following their flawed policies could it? Clegg thinks it could be so it seems though, as does those who I assume for VT purposes we are ignoring at the moment, the IMF? Never mind though the rich are still getting richer and we all know which party they fund ........ Link to comment Share on other sites More sharing options...
Eames Posted January 25, 2013 Share Posted January 25, 2013 Nor me. I've almost certainly unfriended you on FB. Nothing personal but I purge it from time to time to keep the numbers down to people I talk to a LOT. I usually accept FB requests from VTers, but few of them survive more than a year. Like I say, it's genuinely nothing personal, it's just the way I use FB. None taken Mike - understand totally - the FB cull is an essential task! Link to comment Share on other sites More sharing options...
markavfc40 Posted January 25, 2013 Share Posted January 25, 2013 Link to comment Share on other sites More sharing options...
peterms Posted February 6, 2013 Share Posted February 6, 2013 Head of FSA notes that printing money to stimulate the economy need not cause inflation. Link to comment Share on other sites More sharing options...
Dr_Pangloss Posted February 6, 2013 Share Posted February 6, 2013 (edited) Well it is basic macro.... Even Milton Friedman was an advocate of QE style monetary policy (cf his 'advice' to Japan). Edited February 6, 2013 by Dr_Pangloss Link to comment Share on other sites More sharing options...
coda Posted February 6, 2013 Share Posted February 6, 2013 RBS Libor rigging emails: 'It's just amazing how Libor fixing can make you that much money', says trader. 'I'm like a whores drawers' adds another I hope some of these are getting prosecuted. I'm also annoyed at the grammar on display. Link to comment Share on other sites More sharing options...
drat01 Posted February 12, 2013 Share Posted February 12, 2013 So Republic are now going bust. Bad business model, didn't keep up with the times, any other BS reason ......... or the reality that more and more hight street shops are now going bust because of the failed economic policies of this rotten to the core Gvmt. Link to comment Share on other sites More sharing options...
Xela Posted February 12, 2013 Share Posted February 12, 2013 Martine McCutcheon declared bankrupt today. If she needs a shoulder to cry on... or somewhere to sit, then she only need call me! Link to comment Share on other sites More sharing options...
Recommended Posts