Fog City Journal / debt crisis
by Chris Kanthan on May 17, 2012 | 23 Comments
Greece’s unemployment rate is 25 percent – and for people under the age of 25, it’s 50 percent. In the last three years, the stock market is down 90 percent, average wages are down 40 percent, and GDP is down 20 percent. It’s no wonder suicide, homelessness and crime rates are going through the roof.