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I would say it not just inequality. It's inequality combined with a job market that has been in a gridlock in Europe since the financial crisis causing people o
by BenoitEssiambre 10y ago
I would say it not just inequality. It's inequality combined with a job market that has been in a gridlock in Europe since the financial crisis causing people outside of the experienced urban population to be unemployed or underemployed.
Overly tight money from the ECB and too low inflation is destroying the young and the rural's career prospects (this will go on until the baby boom retires) and is forcing them to fund boomers' retirements even if they were excluded from good careers for so long.
Even though the UK doesn't use the Euro, it is close enough to be impacted by its mismanagement.
More thoughts here: http://bessiambre.tumblr.com/post/146561613022/the-euro-makes-the-unemployed-pay-to-destroy-their http://bessiambre.tumblr.com/post/146561613022/the-euro-make...