Saturday, March 16, 2013

17 Signs Of A Full-Blown Economic Depression Raging In Southern Europe

17 Signs Of A Full-Blown Economic Depression Raging In Southern Europe | Zero Hedge
"However this all plays out, the reality is that things are about to get much more interesting in Europe.
No debt bubble lasts forever.
The Europeans are finding that out right now, and the U.S. won't be too far behind.
But for the moment, most Americans assume that everything is going to be okay because the Dow keeps setting new all-time record highs.
Well, enjoy this little bubble of debt-fueled false prosperity while you can, because it won't last for long.
A massive wake up call is coming, and it will be exceedingly painful for those that are not ready for it."

1 comment:

World Oil Prices said...

The economy had picked up as it did in 2011, and 2010, on the basis of part time employment. The economic depression had hit several countries very hard and little by little these countries are standing up once again.