Europe Sacrifices a Generation With 17-Year Unemployment Impasse

It wrote :
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“I’m worried how the euro zone has detached itself from rest of the world economy,” French Prime Minister Manuel Valls told business leaders in London Oct. 6. “If there is no strategy to support growth at the euro zone, we will be in even greater trouble.”
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Finally, Europe really got one understand euro zone situation!

more jobs are going to China and India so there's nothing you can do.
1 guy can run import business and bring to Europe products that could be produced in Europe by European factories and give people jobs. That's why unemployment is high.
As long as import from China pays off better than producing in Europe as long people won't have jobs

17-Years of Made in China domination. That's all. Cheap is better

eurozone needs one (similar to David Beckham) from every eurozone countries to help. Now need tourism firstly.

go to asia

can see masses fall for official india-china faboule.

be smart, think.

not everything is as it seems.

if it is in news is sure sign is not truth. if you see paid bloggers defending, then even clearer.

you need to think to win big.

feel nothing traditional characteristics, no techniques for hand made products for tourists, no clear standards, ......

Hey, I don't know why everyone is so surprised, here's the equation -

In 2008 decisions were made to

1/ Prop up asset values

2/ Print money

by doing this we created an environment (Globally) where the folks already at the top of the hill remained there and the new folks i.e. anyone in the workspace under 65 were screwed unless they already owned assets.

Trouble is, chickens are coming home to roost.. the elder generation grew up getting more and more from governments leaving the younger folks to pay for it, trouble is that involved the younger folks earning money and that entailed employment.

So, we now have Newtons" equal and opposite reaction

1/ Broke Governments

2/ Mass unemployment (proper jobs not Macedees)

3/ Ridiculous public , private and business debt levels

and , only one way out.

Tax assets not work and industry, stop all the charitable handouts to favoured assets Property, Shares, Bonds and let them float free on the markets. Reduce all government spending outside of health and education by 80%, remove the word deficit from the lexicon and call it what it is... DEBT.

Enough with the neo Keynsian Crap, its had its chance and can never work, bring out the Austrian school of economics and stop the Politico , Banking Gravy train now or

Higher unemployment next year and bigger debts and yet more simpletons telling the smart , private sector how to wear a hat or, tie my laces or ....