Monday, August 15, 2011

Europe's Staggering Youth Unemployment Numbers


Europe's Angry Youth: Flash Points Across the Continent -- Spiegel Online

Violent riots like those that raged through London and Britain this week have rung the alarm bell for politicians. Frustration is also high among young people in other nations across Europe. As the gap between rich and poor widens, the next outbreak could happen in a number of countries.

For four days earlier this week, young people in Britain rioted, marauding through the streets of England's big cities. Prime Minister David Cameron called off his summer holiday in Tuscany to deal with the situation, and members of parliament were recalled from their recess.

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My Comment: The unemployment stats from Spain and Greece are astounding, but with no place to work and/or numerous obstacles to open your business .... this sense of dissatisfaction and rebellion can quickly evolve into the sense of despair and frustration that is felt across the Mediterranean in the Arab world that resulted in the 'Arab Spring'.

Update:
Established Democracies Face a Summer of Despair -- New York Times/AP

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