Home > Uncategorized > (US Faces ‘Explosion of Social Unrest’ UK too. Article by Ambrose Evans-Pritchard.)

(US Faces ‘Explosion of Social Unrest’ UK too. Article by Ambrose Evans-Pritchard.)

IMF Fears ‘Social Explosion’ From World Jobs Crisis

by Ambrose Evans-Pritchard

*****

(US Faces ‘Explosion of Social Unrest’
UK too. Article by Ambrose Evans-Pritchard.
)

******

Recently by Ambrose Evans-Pritchard: Société Générale Tells Clients How to Prepare for Potential ‘Global Collapse’

America and Europe face the worst jobs crisis since the 1930s and risk “an explosion of social unrest” unless they tread carefully, the International Monetary Fund has warned.

“The labour market is in dire straits. The Great Recession has left behind a waste land of unemployment,” said Dominique Strauss-Kahn, the IMF’s chief, at an Oslo jobs summit with the International Labour Federation (ILO).

He said a double-dip recession remains unlikely but stressed that the world has not yet escaped a deeper social crisis. He called it a grave error to think the West was safe again after teetering so close to the abyss last year. “We are not safe,” he said.

A joint IMF-ILO report said 30m jobs had been lost since the crisis, three quarters in richer economies. Global unemployment has reached 210m. “The Great Recession has left gaping wounds. High and long-lasting unemployment represents a risk to the stability of existing democracies,” it said…


Excerpt ~ Continues @ Link Below…

http://www.lewrockwell.com/orig10/evans-pritchard36.html

*****



**********

POSTS ADDED 24/7…
JUST CLICK LINK BELOW”’
http://www.GunnyG.wordpress.com/
**********
R. W. “Dick” Gaines (Gunny G)
http://gunnyg.wordpress.com/
**********
FACEBOOK-GunnyG
http://www.facebook.com/profile.php?id=100000763008392
**********
The “G” WebLog @Network54
http://www.network54.com/Forum/578302/
**********
FOR Gunny G E-Mail UPDATES…
SEND: “ADD-ME”
GunnyG@gmail.com
**********
WE ARE BEHIND “ENEMY WITHIN” LINES, SURROUNDED, Our ‘Novembers’ Are Gone!…So Few Can Grok this!
*********

About these ads
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 1,197 other followers