Black People : Greek unemployment rises above 25 percent

Discussion in 'Black People Open Forum' started by Clyde C Coger Jr, Oct 11, 2012.

  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    In the Spirit of Sankofa,




    ... Is this it Family, the beginning of the fall of the Gentiles; ironically, where it all started:



    Greek unemployment rises above 25 percent


    [​IMG]
    Associated Press/Dimitri Messinis - High school children protest outside the finance ministry against state funding cuts to municipalities that have disrupted school bus services, in Athens on Thursday, Oct. 11, 2012. Greece's coalition government is struggling to meet demands by international rescue creditors for a massive new austerity cuts required for continued payment of emergency loans. (AP Photo/Dimitri Messinis)

    ATHENS, Greece (AP) — Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy toll, official figures showed Thursday.
    All indications are that unemployment in Greece will continue to rise. The economy has shrunk by around a fifth since the recession started in 2008 and youth unemployment has pushed way above 50 percent. The economy is expected to enter a sixth year of recession next year.
    "This is a very dramatic result of the recession," said Angelos Tsakanikas, head of research at Greece's IOBE economic research foundation.
    http://news.yahoo.com/greek-unemployment-rises-above-25-percent-093622765--finance.html

    Peace In,




     
  2. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    Biggest lesson of my life: You don't stay in an economically depressed area. Go. Leave.

    Go to where there is opportunity.
     
  3. Black-king

    Black-king Well-Known Member MEMBER

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    This is it Babylon is about to fall soon, this is only the beginning.
     
  4. dunwiddat

    dunwiddat Well-Known Member MEMBER

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    As the economic depression begins to bite harder in Europe, you will find that there will be a resurgence in neo-nazi and white supremacist groups.
     
  5. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    We touch and agree...:toast:

    Peace In,

     
  6. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Well look, listen dunwiddat, America is the Fall before Rome... Its only a matter of time before this system collapses. I hope and pray that we, as black people, come together and the sleeping giant wakes up before its too late...


    Peace In,




     
  7. Isfasha

    Isfasha Well-Known Member MEMBER

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    Greece is a small country with a small economy and a small population getting buttfucked by bigger economies like Germany, France, the U.S and organizations like the IMF.

    Greece ceased being important 1500 years ago. :lol:
     
  8. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

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    Such loose talk from you continues to expose how little you do know Isfasha; soon, I may have to disengage from this kind of superficial dialog... you are definitely playing games here:

    Why The Greek Economy Is Affecting Global Markets

    Posted by: admin in US Economy, World Economy

    Some think this is just a problem for the EU, saying, “sure it will impact us but it isn’t really a problem for the United States.” Unfortunately that is not true. Many of the large American banks issued default insurance to the banks that were lending to Greece and other struggling nations. If Greece (et al) default, then these major US banks will have to pay out billions to cover the losses. These are many of the same big banks that were bailed out by the American taxpayer just a short time ago. Their “toxic” debt was graciously passed on because the government deemed them “to big to fail”. Sound familiar? So there is a very good reason for us to keep our eyes on the developments in Greece and other EU countries that are at risk of default. Now, it would seem that we’re tied to their future.
    http://www.worldfinancialwatch.com/us-economy/why-the-greek-economy-is-affecting-global-markets/

    Peace In,



     
  9. Isfasha

    Isfasha Well-Known Member MEMBER

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    Tied to their future? What a bunch of malarkey. We are tied to China, not to stinkholes like Greece. :lol:
     
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