Youth unemployment in Europe bigger crisis than eurozone in the long term

As the eurozone crisis continues to trouble Europe’s economies and slow world growth, rising youth unemployment has the potential to be an even bigger problem and source of civil unrest in the future.

Doctor: What does your husband do, what’s his profession?
Alison Porter: He runs a sweet stall at the market.
Doctor: I thought you said he’s been to university.
…
Jimmy Porter: I learned at an early age what it is to be angry. Angry. Helpless.
Look Back in Anger (1959), John Osborne (1924-94)

 

There is a lot of anger today: anger at banksters (as The Economist has dubbed the leaders of bailed-out and sinning banks) and at governments for their inability to look after taxpayers’ money.

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