Youth Without Hope: 60% Unemployment

“Greece has a 60% unemployment rate for people in the 18-25 age bracket.  Think of this. This is a generation that is unlikely ever to save their career plans out of the recession that has overtaken Greece and is getting worse.  It will mar them for the rest of their lives.  The experts said this was impossible in 2007. The bankers in northern Europe believed the hype. They lent money to Greece’s government and businesses. Now they need bailouts from the European Union — the government — and the central bank, and the IMF. They care nothing about Greece. They just want someone to pay interest on their loans. They are getting what they ask for. Greece isn’t.”

http://teapartyeconomist.com/2013/05/14/youth-without-hope-60-unemployment/

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