End Times and Current Events
June 25, 2021, 04:29:58 am
Welcome, Guest. Please login or register.

Login with username, password and session length
News: "Search the scriptures; for in them ye think ye have eternal life: and they are they which testify of me." John 5:39 (KJB)
 
  Home Help Search Gallery Staff List Login Register  

Watch Spain

Shoutbox
August 08, 2018, 02:38:10 am suzytr says: Hello, any good churches in the Sacto, CA area, also looking in Reno NV, thanks in advance and God Bless you Smiley
January 29, 2018, 01:21:57 am Christian40 says: It will be interesting to see what happens this year Israel being 70 years as a modern nation may 14 2018
October 17, 2017, 01:25:20 am Christian40 says: It is good to type Mark is here again!  Smiley
October 16, 2017, 03:28:18 am Christian40 says: anyone else thinking that time is accelerating now? it seems im doing days in shorter time now is time being affected in some way?
September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
http://www.naturalnews.com/2017-08-11-new-fda-approved-hepatitis-b-vaccine-found-to-increase-heart-attack-risk-by-700.html
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
September 14, 2017, 08:06:04 am Psalm 51:17 says: bro Mark Hunter on YT has some good, edifying stuff too.
September 14, 2017, 04:31:26 am Christian40 says: i have thought that i'm reaping from past sins then my life has been impacted in ways from having non believers in my ancestry.
September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
View Shout History
Pages: 1 ... 3 4 [5]   Go Down
  Print  
Author Topic: Watch Spain  (Read 5932 times)
Psalm 51:17
Global Moderator
Hero Member
*****
Offline Offline

Posts: 28357


View Profile
« Reply #120 on: May 06, 2013, 09:49:53 pm »

The Worst Unemployment Crisis In Modern History Is Unfolding Right Now
5/6/13
http://finance.yahoo.com/news/worst-unemployment-crisis-history-unfolding-175929364.html

REUTERS/Marcelo del Pozo

"Jobless. Help me. Thanks."
At 27.2%, Spain is suffering the worst unemployment rate in modern history.
Spain is tied with Greece, and is worse than the approximately 25% unemployment rate that the U.S. saw during The Great Depression.

The causes, by now, are familiar — the end of a massive, bubble-fueled construction boom in 2008 led to spiraling unemployment and a deep recession, wreaking havoc on the Spanish economy.

And although the country managed to return to marginally positive economic growth in 2010 and 2011, it has since slipped back into recession, and the outlook isn't good.

Unlike the Spanish growth trajectory, the rise in Spanish unemployment since 2008 has been incredibly consistent. Each new statistical release bears the terrible news that more Spaniards have joined the ranks of the unemployed.



The problem is compounded by the fact that Spanish businesses are closing their doors at a record pace. In the first quarter of 2013, 2,564 companies filed for bankruptcy, up 45% from 2012.

And while much attention is paid to the headline unemployment numbers — especially for youths, 57% of whom are now jobless — statistics that give a bit more of a glimpse of how life has changed in Spain since the crisis began are much more revealing.

For most, no job means no income — and in many cases, no income means no food.

According to the Spanish Red Cross' Bulletin on Social Vulnerability, 26% of Spaniards the Red Cross helps can't afford to put a meal with protein on the table even three times a week, and 43% percent can't afford to heat their homes in the winter months.

That is, if they still have their homes — the number of Spaniards facing foreclosures on their mortgages and evictions is rising fast.

Foreclosures ordered by courts in 2012 alone totaled 91,622, up 17.7% from 2011.

Some of these cases have ended in suicide. In November, a woman jumped six stories to her death as foreclosure agents were forcing open her front door. In February, an elderly married couple took their own lives, citing impending foreclosure in a note.

In January, there were even two cases of men who set themselves on fire.

At least one of them was reported to have lost his job and was facing financial issues.

This is the environment from which those in Spain are actively attempting to escape.

During the good years, Spain experienced a swelling population as immigrants came to fill the excess of employment opportunities caused by the Spanish construction boom.

Now, they are leaving. In 2012, Spain saw its population actually decrease for the first time since records began being kept in the 1990s.

However, the population outflow isn't just former immigrants turning into emigrants. Young Spaniards, faced with no opportunities at home, are packing up everything they own and fleeing to countries like Canada in search of opportunity
.

Is there hope? The IMF's latest World Economic Outlook paints a grim picture. The international lender forecasts a 1.6% contraction in 2013, and doesn't see Spain returning to even 1.5% GDP growth until 2017.

And while the Spanish Labor Ministry today reported a drop in unemployment in April — down 0.9% to 4.99 million officially-registered job-seekers — analysts were quick to write this off as a temporary respite due to increased hiring for the holiday season.
Report Spam   Logged
Pages: 1 ... 3 4 [5]   Go Up
  Print  
 
Jump to:  

Powered by EzPortal
Bookmark this site! | Upgrade This Forum
Free SMF Hosting - Create your own Forum

Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy