Unemployment in the eurozone has reached another record high, according to official figures. The seasonally-adjusted rate for April was 12.2%, up from 12.1% the month before. An extra 95,000 people were out of work in the 17 countries that use the euro, taking the total to 19.38 million. Both Greece and Spain have jobless rates above 25%. The lowest unemployment rate is in Austria at 4.9%.TO RECOVER ECONOMICALLY, EUROPE NEEDS TO DROP THE EURO AND DISMANTLE THE EU AND REDUCE TAXES.
FIRST, THE WEAKEST ECONOMIES OF THE SOUTH SHOULD WITHDRAW FROM THE EURO AT ONCE.
THEN, EVERY NATION IN EUROPE NEEDS TO DECLARE A MORATORIUM ON ALL ENERGY TAXES.
SHORT OF THIS WE ARE GOING TO SEE MORE OF THE SAME: A SLOW-MOTION DEPRESSION.
NOTE: EUROPE'S SOVEREIGN DEBT CRISIS WAS NOT BROUGHT ON BY BUSHCHENEY TAX CUTS FOR THE RICH, TWO "UNFUNDED WARS", GOP DEREGULATION FOR BIG OIL/BIG CORPORATIONS, OR MASSIVE MILITARY SPENDING.
IT WAS BROUGHT ON BY EXCESSIVE WELFARE AND SOCIALIST POLICIES.
THE RULING ELITES OF EUROPE THOUGHT IMPORTING NON-EUROPEAN WORKERS WOULD FILL THE GAP AND FUND THESE SOCIAL PROGRAMS, BUT THE IMMIGRANTS MERELY PUT A BIGGER DRAIN ON THE WELFARE STATE - WHILE ERODING SOCIAL COHESION.
SO... EUROPE ALSO NEEDS TO END MULTICULTURALISM, END IMMIGRATION WITHOUT ASSIMILATION AND DEPORT ALL NON-EUROPEANS/NON-CITIZENS WHO REFUSE TO ASSIMILATE AND WHO CANNOT BE INDEPENDENT OF WELFARE.
IS THIS TOUGH MEDICINE?
BUT THE ALTERNATIVE IS DEATH FOR ALL OF EUROPE - ECONOMICALLY AND CULTURALLY.