Monday, November 12, 2012
Young & broke is a recipe for social unrest!
Young protestors in Naples, Italy, being attacked by riot police at a demonstration against unemployment. Official unemployment rates among 15 to 24-year-old Italians reached 35% in September. In contrast, according to the US Labor Department, the unemployment rate among all US Blacks is nearly 17% & about 8% for whites. Of course, if you believe either of the latter two figures, you’re a prime target for those selling swamp land in Florida. The actual unemployment rate for US Blacks 15 to 24-years-old is at least as high as 35% which indicates the massive number of unemployed young people in the US, Italy, and elsewhere. The ruling oligarchs can't stop their system from collapsing but one thing is certain: the young & unemployed will be the grave diggers. (And it should be said, legions of seniors will be there egging them on!) (Photo by Mario Laporta/AFP/Getty Images)
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