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Saturday, May 21, 2011

Unemployment Dangers

Spanish Unemployment Rate Reaches 21.3% in Q1 2011, this is getting close to 5 million unemployed. Youth unemployment is nearly 40%. This week a square in Madrid if full of protesters. It is peaceful but for how long. This will spread to other city's and countries in Europe. Is this the start of mass disaffection with European Union monetary policy and the institutions of the EU.

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