Posted on 07/03/2012 8:32:00 AM PDT by DeaconBenjamin
By next month, only 165,000 of more than 1 million jobless Greeks will receive unemployment benefits, according to the labor institute of the country’s two largest unions, ADEDY and GSEE.
Speaking on Skai TV on Tuesday morning, the institutes research adviser Giorgos Romanias said that the one-year unemployment benefit will expire next month for thousands more workers who have lost their jobs, leaving just 165,000 people still eligible for benefits.
Romanias also predicted that the actual number of unemployed Greeks, including the long-term jobless, will reach 1.6 million, or close to 30 percent by the end of the year, rather than the 1.48 million originally forecast by the labor institute.
Wise people will watch this carefully for clues on how to survive and even prosper.
We’re only ______ years behind them.
(insert your number here)
Coming to America if Obama is re-elected.
Maybe the Greeks can immigrate to Turkey and Syria to get work?
actually German has had a guest worker program for years and picks the best of the best as their laborers.
The problem in Greece is the crony capitalism is a ceiling on entrepaneurship. You have 8-10 big wealth families who have gamed the system to ensure they dominate. In fact they WANT the dracma to return so THEY can control the currency again.
This is not the USA. One time zone. 11 million people. TINY ecconomy.
Tourist: What’s that?
Street vendor: A Greek urn.
Tourist: How much is a Greek urn?
Street vendor: About $2 an hour..................
Trojan war part II?..................
crony capitalists and courts which totally disregard contracts and rule of law.
Idi obama’s hijacking of our healthcare based on the europeein model of socialism? What brillance has this evil monster has foisted on freedom. Treason is his portion and let this bastard child of the world banging mom suffer his punishment.
The euro, just as predicted, is about to create a new depression akin to the one in the 1930s. 30% unemployement, maybe 2/3 of those without any means of supporting themselves or their families - the political fallout is inevitable.
Unfortunately, Germany does not get to "pick" anyone anymore. All EU citizens are free to move to where ever they choose (e.g. millions of Poles to the UK). In fact, tens of thousands from Rumania, Bulgaria, etc. etc. have relocated to Germany and now live off generous welfare payments (that's housing + utilities + spending cash....). And criminal organizations like the European Court for Human Rights make sure they can't be told to bugger off back home. While the "best of the best" (heck, even marginally "good ones") would be welcome, it's the bottom of the barrel that has the highest motivation to "retire to Germany." Aided and abettet by the usual collection of attorneys, "special interest groups", leftist politicians, courts, churches,...
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