The Beginning Of The End
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Worldwide Unemployment Crisis: There Are 93 Million Unemployed Workers In G20 Nations

Earth At NightDid you know that the total number of unemployed workers in G20 counties is now up to 93 million and that it is increasing with each passing day?  You see, the truth is that the United States is not the only one dealing with a systemic unemployment crisis.  This is literally happening all over the planet.  So what is causing this crisis?  Is there any hope that it will be turned around?  Well, unfortunately there are several long-term trends that have been developing for decades that have played a major role in bringing us to this point.  First of all, the giant corporations that now totally dominate the global economy have figured out that they can make a lot more money by replacing expensive workers that live in major industrialized nations with workers that live in nations where it is legal to pay slave labor wages.  So it isn't really a huge mystery why there is such a huge problem with unemployment in the western world.  If you were running a giant corporation, why would you want to hire workers that will cost you 10 to 20 times as much as other workers?  A worker is a worker, and over the past decade we have seen a massive movement of jobs to countries where labor is cheaper.  In addition, large corporations are also trying to completely eliminate as many jobs as they can by using technology.  If a corporation can get a computer or a machine or a robot to do a task more cheaply than a human worker can do it, then why would that corporation want to continue to rely on human labor?  And of course we have seen an overall weakening of the economies of the western world in recent years as well.  This has been particularly true in the United States.  As these long-term trends intensify, the worldwide unemployment crisis is going to get even worse.

In fact, the director general of the International Labor Organization is fully convinced that unemployment is going to continue to rise in G20 nations.  Just check out what he told CNBC on Friday...

Unemployment will likely soar further in the group of 20 major economic powers without immediate action, Guy Ryder, the director general of the International Labor Organization told CNBC on Friday, comparing the jobs crisis to the 2008-2009 financial crisis and warning it needs to be tackled urgently.

"We have gone backwards. It is quite alarming to see...that unemployment has not gone down, in fact it's gone up," Ryder told CNBC at the G20 finance ministers' meeting in Moscow.

He said 93 million people were currently unemployed in the G20.

And when those living in G20 nations lose their jobs, they tend to stay out of work for a very long time.  In fact, 30 percent of unemployed workers in G20 countries have been out of work for one year or longer.

Major industrialized nations all over the planet are no longer able to produce enough jobs for their people.  In many "wealthy nations" the unemployment rate has already risen well up into double digits.  Just consider the following numbers...

-The unemployment rate is above 25 percent in South Africa.

-The unemployment rate in France recently hit a 15 year high.

-The unemployment rate in Italy is up to 12.2 percent, which is the highest in 35 years.

-The unemployment rate in the eurozone as a whole is up to an all-time high of 12.2 percent.

-The unemployment rate in Poland is 13.2 percent.

-The unemployment rate in Ireland is now 13.6 percent.

-The unemployment rate in Portugal has rocketed up to 17.7 percent.

-The unemployment rate in Greece is currently sitting at 26.9 percent and it is being projected that it will soon hit 30 percent.

-The unemployment rate in Spain is even worse than in Greece.  The unemployment rate in Spain is a staggering 27.2 percent.

Sadly, it looks like things are not going to be getting better any time soon.  In fact, global business confidence is now the lowest that it has been since the last recession.

So what about the United States?

Well, it is true that our official numbers do not look quite as bad as much of the rest of the world.  But the official unemployment rate in the U.S. has been at 7.5 percent or higher for 54 months in a row.  That is the longest stretch in U.S. history.

But at least it is not in double digits yet.

Things could be worse.

However, that does not mean that we are doing well either.

The mainstream media is attempting to convince us that everything is just fine because the unemployment rate has been "going down", but when you take a deeper look at the numbers that is not exactly an accurate assessment of our situation.

As the New York Times recently pointed out, the decline in the unemployment rate can almost entirely be accounted for by a decline in the labor participation rate...

Let’s take a step back. Lots of people lost jobs during the Great Recession. In the aftermath, the great surprise has been how few are looking for new jobs. Labor force participation, the share of adults working or trying to find work, has stagnated at about 63.5 percent, almost three percentage points below the pre-recession level.

The unemployment rate has dropped almost entirely because of this decline in labor force participation. In other words, it has not fallen because people are finding jobs. It has fallen because fewer people are looking for jobs.

To get a more accurate picture of what is really happening with employment in America, you need to look at the employment-population ratio.  It is a measurement of the percentage of the working age population that is actually working.  As you can see, the percentage of working age Americans that actually have a job has been declining since the year 2000...

Employment-Population Ratio 2013

As you can see, there has been no employment recovery.

When the mainstream media tells you that the employment numbers for June were "great", that is not being honest.  The truth is that the unemployment rate rose in 28 U.S. states and it only declined in 11 states during June, and as I mentioned yesterday, the U.S. economy actually lost 240,000 full-time jobs last month.

So no, things are not getting better, and the unemployment problems in the United States and in Europe are likely going to continue to get worse in the years ahead.

That is very bad news for most of us, because the only thing that most of us have to offer in the marketplace is our labor.  If the value that is placed on our labor is continually declining, then that puts us in a very difficult position.

It is almost as if we have all been drafted to play a very twisted game of musical chairs.  Each time the music stops, more chairs (jobs) are being pulled out of the game.

You might be doing okay for the moment, but what is going to happen when the music suddenly stops one day and your chair gets pulled out of the game?

That is something that you might want to start thinking about.

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  • Rodster

    It’s criminal that TPTB have gone out of their way to lock you in their control grid. Want to grow food to support your family? In most cities in the US that’s illegal.

    What they want is for you to be more dependant on them by signing up for food stamps or welfare. Politicians suck.

    • http://karmaeconomics.blogspot.com/ lavista4u

      Its due to Ignorance. Humanity really do not need anything. Humans are Incredibly powerful. Jobs are a recent invention. We did fine for 1000s of years without it

      Rod….just realize how f**king, ridiculously powerful you are :o) …The entire universe will bend on your will.

      You really really really DO NOT NEED NO BODY. These vampires are their because we are giving away our power to them.

      Just reclaim your power back.

  • Stezie

    The future does not bode well, I’m afraid…

  • Shmeggle Marxist

    if we all go on welfare, will the current welfare recipients have to get a job to support us?

  • K

    If that number, 93 million unemployed is not scary enough. Now include almost twice that number is underemployed. Folks who are looking for full time positions, and having to settle for part time. Imagine having to get by on minimum wage. Now imagine having to get by on minimum wage, working only 28 hours a week.

  • markthetruth

    Mean while

    Web Gamers Spend $2.3 Billion on Virtual Goods

    the end…

    • JustanOguy

      Very well stated my friend… How did we all survive not too long without cell phones, smart phones and social media?

      • TruthNotOUT

        There are stupid families of four in this country they spend 8000 USD a year for smartphone use.

        I spend 50 USD a year just to be able to reached if necessary.

  • Rodster

    Can you even imagine the unemployment numbers when Obamacare is Law and the illegals are hired to replace Americans who need work?

    Yup, corrupt, incompetent, criminal politicians suck.

    • Guest

      The elite on Capitol Hill, with their exorbitant salaries, extravagant benefits and lavish offices, don’t care about the common man. They love the power, notoriety and jet-setting lifestyle that their positions afford. Did you know that the total compensation of a member of Congress is close to $1.2 million? In addition to their salary of about $175k per year (some make more), they get a Member’s Representational Allowance of almost $1 million per year! And for what? What do they do other than pass bad legislation? They’re getting ready to go on summer recess for the entire month of August! They should be some of the hardest working people in the nation. Then again, if they were, we might be worse off.

      • Gay Veteran

        “No man’s life, liberty, or property is safe, while Congress is in session.” Mark Twain

      • max

        Who needs jobs when welfare now hands out over 50k per year…it aint going away

        • TruthNotOUT

          There are people who work for less than 1900 USD a month every day for 10 hours at McDonalds.

          You couldn’t pay the rent or you couldn’t pay for food or transport with that kind of money.

          50k a year? That is ridiculous!

    • Mondobeyondo

      Scary stuff. Illegal citizens are willing to pick lettuce to earn a few bucks. Are we, the legally born U.S. citizens, willing to do the same?

      Some stuff to consider:
      - The wages are too low to support a family
      - The work is too hard
      - I can’t do it

      Um, that last issue. Yes, you can. You can do anything if you set your mind to it. That includes picking lettuce. Most people don’t choose it as a career though. Why now? Because the work is too hard? Well, that depends on what you think “hard” is.

      • Mondobeyondo

        Pick lettuce if you have to. Pick cotton. Pick the winning Powerball lottery numbers. Just pick SOMETHING!!

        • markthetruth

          Pick the right Leaders !

          the end…

          • Mondobeyondo

            We did. We picked Obama….

          • TruthNotOUT

            Yeah, you picked and got nicked.

          • Mondobeyondo

            I voted for Ron Paul. He didn’t win. Oh well.

      • TruthNotOUT

        Why don’t you work for 3.50 an hour?

        Oh, yes – you support all wars abroad?

        • Mondobeyondo

          Hey, when a lot of people in this world make it on two dollars a day, it’s not such a bad idea.

          Could I do that? Yeah, but not without a massive and I mean MASSIVE paradigm shift. That goes for a lot of us as well. We are not used to that standard of living To be honest, many of us can’t take it.

          Okay…let’s give it a try!

          Big Mac: $2.00

          (hey! I need to pay my electric bill!)

          Dude… you have two dollars.Something has to give. Forget the Red Bull. No Pizza Hut tonight. Sorry.

  • http://karmaeconomics.blogspot.com/ lavista4u

    I’m from the third world country (India) where these vampires aka corporations come to look for slaves….

    I never worked for these vampires.

    It all comes to “Giving Your Power Away”.

    Jobs are a recent invention by the elite to enslave humanity. We humans have been living without a job for 1000s of years and we did fine…

    Trust me on this….To all people in Developed countries…You don’t need a f***ing Job, what you need is Knowledge and “Getting You Power Back”

    Humanity is so incredibly powerful. Things will come to you. Believe Me from a guy in a third world country. Its just FEAR that you won’t have Food to survive, once you know how powerful you are…everything will come to you. You are the biggest Magnet in this galaxy.

    I work from home and make money and choose the life I want but that’s just to reclaim planet earth and make people aware of their own power. I chose it that way but I don’t really need money. We are slowly reclaiming our planet.

    Just do 10 minutes of Yoga a day. Increase your Kundilini Shakti (Google it) You have power inside you that is 1 billion times more powerful than all nuclear bombs combined. Just raise your vibration.

    Do your thing. Raise your Level. DO NOT GIVE YOUR POWER AWAY. You don’t need a job, Job will come to you, food will come to you.

    Get rid of fear. The entire universe will come to you.

    • Browser

      “I work from home and make money and choose the life….”

      At first I thought you was one of them scammers, but just to let you know the term “work from home and make money” is a taboo phrase because telemarketers and scammers love to use that word.

      You have deep insights to life. We were trapped in the elite’s programming since birth to study hard in school, and hopefully get a job in the system….but that is no longer the case. Education degrees are losing their value and technology is replacing former jobs.

      We are in for some interesting times.

    • Mondobeyondo

      We don’t care about planet Earth. We care about money.

      Ahhh – and therein lies our Achillles heel. Our pride will become our downfall, if it hasn’t already done so.

      Leviticus 26:19

    • Hammerstrike

      “Jobs are a recent invention by the elite to enslave humanity.”

      Occupy wall street!

  • RICHARD

    i would like to know the names of some of the cities that it is illegal to grow your own food.

  • JailBanksters

    There is one thing these corporations haven’t exported overseas for cheaper products.
    CEO’s and Boardmembers, surely if they exported those China that would significantly increase the Shareholders Profits.

    • Browser

      You forgot to mention the government workers, politicians and unionised public education workers.

      The public unions are wreaking havoc on the economy, you could see top rank educators earning over $150,000 a year but the schools can’t maintain their furniture or washrooms—this is right in good ole America!

      • sharonsj

        That number comes from conservative think tanks that jack up the amount by including “benefits.” That number is NOT the average salary. Meanwhile, why aren’t you bitching about senators who earn $167,000 a year for doing nothing?

  • chilller

    Does everyone in the G20 calculate (fudge) their employment numbers the same way as the US? If not, the statistics are meaningless.

    • Jimbo

      It is the same in the UK. Full time work has given way to part time work yet the unemployment rate is “dropping”. Meanwhile government spending has increased ( in spite of “Austerity”) because part time workers pay less tax and many are entitled to benefit payments due to their low incomes.

  • Hans

    In South Africa it is mostly the unskilled people who are unemployed. However, it is becoming more and more difficult to employ people. Labour legislation and union demands make it much easier and cheaper to outsource or mechanize.
    Politicians make all kinds of promises to the working classes or prospective workers, whilst making the environment poisonous for employers.
    Our Reserve bank is caught in a typical catch-22 situation. It has to raise interests because of rising inflation, but cannot do so because of slow growth.
    Once the unemployed or underemployed cannot afford food, or if frustrations boil over, all bets are off. The Western civilization seems to have most of these same problems. Add overpopulation and competition for scarce resources and a WW3 scenario to whittle down numbers seem more probable than ever.

    • JustanOguy

      If the U.S. just cut off all of the foreign aid they dish out population control would take it’s own course without the need of a world war.

      Want to get rid of all the weeds? Stop watering everything.

  • JustanOguy

    Just because somebody can work for less money due to the lower cost of living and lifestyle choices in another country does not automatically mean they are making “slave wages”.

    A bigger travesty is all of the people that automatically accept that something that costs $10 to make is worth $100+ in the U.S.

    That’s how the companies setting up manufacturing facilities in other countries are REALLY making a killing. (Nike, Polo, etc.)

    Stop buying these products and the prices will go down…. really fast.

    Ironically…. there are made in the U.S.A products that sell at the same price or even lower but they are not as “cool” because Michael Jordan, Lebron James and Tiger Woods are not wearing them.

    Regardless… the lower manufacturing costs (savings) should be passed on to consumers in the U.S. so U.S. citizens have more disposable income to spend. Instead… demand for these products has set high prices so the few can make an absolute killing in profits.

    The Crack Addict blaming the Crack dealer for their addiction would be ridiculous to 90% of U.S. Citizens… but it’s really no different then what is going on today with all of the complaining about “slave wages” in other countries.

  • Jimbo

    When I was a kid, my Mom used to darn socks with holes in. She would
    save fat from meat for baking and frying. When I grew out of clothes,
    they would be passed down to my younger brother. When he grew out of
    them, they would be passed onto extended family or neighbors. A TV was a big purchase (maybe four or five weeks salary). I grew up in a prosperous economy. My country (the UK) exported goods around the world and was wholly self sufficient. Then one day big companies decided that they could make their products in lower wage economies for much less money. Some people were laid off as their companies re-located and the rest of us got to buy cheap TV’s, Tee shirts and Mattel toys at huge discounts. Then more employers started doing the same and more of us lost our jobs. Never mind though because our houses were going up in value so we were all rich. I remember people saying things like “I earned more from my house this year than I earned from working the last ten years”. We started to borrow against our houses knowing that whatever we borrowed would be off set by the following years massive house price increases. We spent like mad. We threw out our old socks and bought new ones. We bought TV’s for every room in the house. Our country went from an industrial powerhouse to a consumer led economy almost overnight. At the same time our trade surplus became a trade deficit but because we didn’t understand what that was, we didn’t really care. Then one day our houses dropped in value. It wasn’t supposed to happen because we were all told that property only ever goes up. We found ourselves in negative equity and unable to borrow more that we earn every year for holidays and Iphones.

  • Sergi William

    I can tell this is absolutely True here in Spain where I am from.
    Thanks for your very good job, Michael. God bless you.

    • Jimbo

      I was one of the 3million unemployed in Thatchers Britain of the 80′s. I know how hard it can be. Things will change for you and you can help things to change.

      • Sergi William

        Thanks, Jimbo… but I am absolutely devastated… no job… no incoming… no hope… I didn’t finish my engineering, I made a lot of mistakes in my life and now I blame myself for that. It’s so hard and frustrating…

        • robert burns

          Of course a handful “make it”. That is the nature of the game. There are a small fraction of winners and massive whole numbers of losers. There are many who have a good idea but for any number of reasons cannot bring it to existence and make wealth. Most people rely on employers for their livelihood and that has been true since division of labor meant something. Some of the advice given by the winners amounts to no more than “don’t worry, be happy”, or “think it and it will come to pass”. We need accountability among bankers and investment institution. They set things up for ruin whether deliberately or by mistake.

        • Hammerstrike

          If enough people in Spain are angry, perhapse it is time to remove the parasites in power?

  • Jimbo

    Truth be known, it is our own fault that we are not mega rich and therefore immune from any problems the world could throw at us. Richard Branson started with nothing, Paul McCartney started with nothing. The guy who won the lottery started with nothing. They started with nothing and got everything and we failed. It is our own fault that we are in this mess. :)

  • seth datta

    The Scientific Dictatorship:
    When a small group of unelected ‘technicians’ of society, say that they are going to reduce unemployment, world hunger etc.. but conveniently fail to mention that they plan on killing much of the human race first through starvation, wars etc..

  • Gay Veteran

    Great article.

    “…A worker is a worker, and over the past decade we have seen a massive movement of jobs to countries where labor is cheaper….”
    plus those countries have few if any environmental laws, the corporations are POISONING the air, water and land in those countries

  • robert burns

    I think it tends to boil down to the Matrix story. You take the red pill and see truth or the blue pill and see what others want you to see. Our society has drugged out on the blue pills. Those who have lost their jobs, their savings, their self-esteem have had a red pill shoved down their throats. Nothing they can do. The media peddles variations of blue pills but they are addicted themselves. I see blue pill addiction in comments to this blog. Somehow, in the thinking of some, the rules of economics such as debt, inflation, low wages don’t apply to the great nation of the United States. Sadly, they do apply.

    • Mondobeyondo

      I took the Advil. It’s a blue pill. Oh, help!

  • Trailer Park Investor

    Game Over
    Soon the Banksters and their crony politicians will reveal their hand, and it wont be pretty.

  • Dave Webb

    I just watched a Richard Prior Movie about wealth and its corrupting influence on people. Unfortunately the movie depicts a poor black man with talent that is hired as a toy for a filthy rich son of a billionaire. I think when this was produced the man was a multi-millionaire but it is the same point.

    He called his son and his toy into the office to discuss an article written by the son on his father.

    First the father had the publication recalled. He did this with an executive man afraid of his own shadow and rightfully so.

    The man said something like this: “Reality is what I say it is.” He demonstrated his point.

    He took the high paid executive go-fer and had him take his pants off in front of the Toy and his son. This was humiliating to the employee/slave. The point was that in order to keep his high paying job he must be willing to do anything the “Boss” asks of him. I turned the movie off in disgust.

    But what the movie actually said is we are all prostitutes to money. How many of us are doing something for a living we find not very nice or humiliating? Such as slinging hamburgers, cleaning toilets, well we both know the list goes on and on. Cleaning up after people in a nursing home comes to mind . . .

    But we have to do something to make a living to survive . . . So what the “boss” in the movie was saying was essentially to some degree a description of all working people. We are all dependent on money to make a living.

    What Michael describes is even worse. Now people have to grovel to keep a job that doesn’t pay enough for someone to actually live comfortably on. How many middle aged people have suddenly found their selves re-applying for a job they have had for 20-30 years because someone in management wants young people hired instead of the established employed? It happens every day.

    The huge reservoir of people on unemployment makes working conditions intolerable. That is just like the “bosses” of this world want it. Money talks, bulls**t walks.

    It was a management type in the White House that signed the first agreements making trade with China a reality. He was a Republican. And that is a hired prostitute with a law degree willing to do anything for money.

    It was a Democrat that signed a multinational agreement in the 90s making Mexican labor feasible for GM. That also is a hired prostitute with a law degree willing to do anything for money.

    We are drifting into socialism and communism because of the way the world works towards the poor and middle classes of this country. We staved off this crap for a good number of years by altering the balance and making the middle class with the rules of the 30s. Those game rules are no longer applying. Less than 11% of the workers of this country have unions protecting them. Most of that is probably in government.

    We staved off the Chinas of this world with tariffs. Our legislatures have done away with most of those protections. Might want to know who voted for these rules that disabled our protections against slave labor countries from ultra poor areas.

    These rich prostitutes in congress didn’t stop there. They also approved laws enabling things we should never tolerate like killing babies. The con job was to make one party guilty of it, and the other party not able to change it because they did not have the votes to do so. That only works if you do not have clear majority of two areas of government. The Republicans had two areas of government for over 8 years and did nothing.

    You want change? Then get rid of both parties and start over with honest people.

  • Mondobeyondo

    There’s a lot of truth in this article. But there’s a psychological view to it as well. If you are a long term unemployed person, like, I dunno, MOI… it starts to wear on you. A day or a week or a month is fine. Wait till it lasts years, and everyone and everything turns against you. “You lazy bum”, “Why don’t you get a job”, “You’re a loser”, etc. I get it. I’ve listened to that Beatles song “I’m a Loser” several times. But I’m not what I appear to be.

    You feel as if society is stomping on you, kind of like the winery guy who’s stomping those grapes with his bare feet. But there’s no fine wine here. Sorry, no chardonnay. Grapes of Wrath? Uh huh. Now you’re getting the picture.

  • Thomas Hildebrand

    Thus says The Everlasting who would be man, Immanu El… Born into the world of a virgin, the chosen vessel by which The Salvation of Man came, as a babe… Growing, living as a man yet remaining unspotted from the world and sin… Completely blameless…

    Born to die, suffering as no man could endure, the healing of many in the blood of sprinkling, cleansing the unclean forever… Death and dying, My Spirit committed to The Father, all things accomplished… The cup of The Father consumed…

    Rest, renewal by the tears of mourning, sleep in the lower parts of the earth, the tomb sealed… The grain of wheat, The Holy Seed, has fallen and died, planted in the earth for three days and three nights…

    I have given of My life unto death,

    I have completed all The Father has given Me to do,

    For I have the power to lay down My life…

    Behold! I have the power to take it up again!

    Thus says The Father in Heaven: Gabriel, Michael, roll back the stone! Release The Light unto men, for it shakes the earth with a great trembling!… Break free, O Son of Man! Break death’s hold! My beloved Son, Christ Jesus, Immanu El on Earth, YahuShua, come forth!… Behold The Light of the world, The First Begotten from the dead, The First Fruits, The Risen One! Says The Holy One, The God of Israel, The Maker of Heaven and Earth.

    Thus says The Risen One: I am The Resurrection and The Life! And all those, who believe in Me, shall not die but live, for I shall raise them up at the Last Day!… No more tears, no more death, no more pain, for the old order of things has passed away… All things restored in glory, the glory of everlasting life… The power of death destroyed, sin taken away and cast into the void of forgetfulness.

    I AM RISEN!

    Your Redeemer lives, even forever and ever!

    Amen.

    —————————————

    TrumpetCallofGodOnline . com – HEAR THE WORD OF THE LORD SPOKEN TO THIS MODERN GENERATION!

  • Akitawoman

    Time is coming when we can’t afford the made in China goods Walmart and others peddle. Then what happens? The plan is that the first world peoples buy what the third world peoples make.

  • waronterror

    Well, you’ll always have a job, as every one here seems to enjoy your terrifying predictions

  • Gregge K Johnson

    We are made in GODS image! God worked for 6 days and rested on the 7th . The problem is the government is the protector ,provider ,and god . So people get paid to rest.

  • RarefiedSnotress

    More people need to pull themselves up by the bootstraps and start their own businesses instead of pointing their finger at everyone else.. I’m doing it. I know I have many skills that people can use like everyone else. I chose one and I keep improving on it. There’s still great needs for child care. Most people can start that one pretty easily Many small businesses don’t take a lot to start. We’ve got to start not being a nation of whiners.

  • peace angel

    Over the past 100 years Americans along with the entire Western world have VOTED themselves a lifestyle they are not willing to earn.

    The goal of socialism is communism. Vladimir Lenin

    Communism can be summed up in one sentence. Abolition of private property. Karl Marx

    America is Over.

    • Gay Veteran

      the word you are looking for is fascism: the merger of state and corporate power

  • Casino666

    Like it or not, if we should be able to produce and export goods from the good old USA – the land of the (debt) slaves – we have to be able to pay our workers the same as our competitors does in the East..!

    Just ask yourself; Would I pay $100,- for something made in the USA, or do I go and pay $9,99 for the same thing made in China?

    Everybody knows the answer! The guys that runs the way to big companies ask themself the same question!

    Thats why we loose production jobs almost every day! And will continue to do so until it get profitable to produce here again!

    What can we do about it? Actually, quite a bit! The most important thing we can do as I see it, is to get out of DEBT! Don’t use credit cards! Buy local if its available and you can afford it.

    And why not go fishing? Its great food if you know how to prepare it :-)

  • TruthNotOUT

    You forgot Germany! 1/3 of the population works and needs tax payers subsidies, in order to survive!

    They call it Hartz IV law – an austerity law introduced and formulated by a German union and the Social Party of Germany under chancellor Schroeder.

    The problems of Spain, Italy, Greece are the same as in the 60′s – those countries send guest workers to Germany. The weak point of those national economies they don’t produce much and yes they could rely on agriculture, but nowadays people study not useful majors and not everybody can make it f. e. as a journalist.

  • jsmith

    Let me get this straight. At least here in America corporations lobby or bribe “our” congressmen and presidents to pass Nafta, Cafta and other laws and agreements that are draining our economy, because those companies are sending those jobs and factories to Asia, which creates huge unemployment in our states to the point that those formerly employed are now currently receiving unemployment benefits and food stamps so that they can buy those products that were formerly made here. That makes a lot of sense, eh?
    Looks to me like our representatives are selling us down the river!

    • Mondobeyondo

      Indeed they are.

      Mississippi River- $80.00
      Missouri River: $40.00
      Colorado River: Already running dry
      Alaska? Don’t even think about it

      • dan

        What ? Climate change is another liberal stupid policy to control people .

    • dan

      Obama Care one huge reasons … Forcing huge cost on small business that they have no choice close or cut hours and people. Not everyone who owns a small business is wealthy .

  • BlackDog

    You can slam the politicians all you want. Personally, I agree with what Abbie Hoffman said — Politicians are one step above child molesters. But seriously, WE are the bozos that keep voting these slimeballs in, time after time after time. WHEN are we going to be able to, collectively, see through the rhetoric, the BS, the ‘Campaign Promises’ and call these bastards out for what they are?! Forget the ‘National Discussion’ on this. We ALL know what the problems are. And we ALL know what the solution is — get rid of our current crop of politicians! ALL of them. Not just the ones in the ‘other’ party. ALL of them are complicit in the fraud, waste, corruption, collusion, and outright treason in the destruction of our country. The brick wall we run into when trying to effect change, whether from a grass roots level or from a well-heeled statesman’s point of view is this — there is a chasm, a great divide, a colossal disconnect between what we KNOW needs to be done, and what we as citizens can actually DO about it. The courts are bought and paid for. The DoJ is just about as corrupt as I’ve seen it in all my years, and our own law enforcement has become a paramilitary organization, strategically placed between the civilian population and the perpetrators of this horrific crime, the very people we elected to lead us, to represent us, to do our bidding. Hah! What a joke those concepts are! They are ALL in it for themselves. Period. There is not a single one, even in Texas or Kentucky, that isn’t in it for themselves FIRST, and the rest of us (you know, the one’s paying the bill) are a distant second. When we have the ability to act, to intervene, to oust these criminals ourselves, as citizens, THEN we will get our country back. I appreciate your articles, Michael, but the disconnect leaves me feeling helpless and all this talk is just that — talk.

  • Michael from Australia

    Here in Australia, we are having factories closing down everywhere. Our 2 biggest car companies Ford and Holden (G.M.H General Motors Holden) will close down in the next couple of years.

    I know what’s coming thanks to people in the U.S.A (like most on this blog), but a lot of people here know something’s not right yet are oblivious.
    Thank God that i can find out info from the U.S. because we don’t really have many people ringing the alarm bells here.

  • SafetyViking

    Goes back to what I’ve thought for years & I’m sure some of you will agree…

    The MAIN cause for unemployment, the widening divide between rich & poor, and the rapidly-approaching extinction of the middle class are greed & overpopulation.

    • dan

      Liberal policy

  • dan

    I been unemployed 1 1/2 years here in America .I keep getting those with jobs saying get a job .The fools don’t get what’s going on . In America only 47% have a full time job .

  • j h

    The last few months I have been thinking about quitting my job I currently have now. Looking for a day shift job. I work nights now. Wednesday July 17th I had a job interview for a day shift job. I was offered a job at this company pending passage of a drug test. Friday July 19th I passed my drug test.
    Thursday July 18th I applied at another two companies. Today July 22nd I have an interview with these two companies.
    I know who’s watching over me.

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