If it's measured like in the US, then yes.

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Post #403,024

by a6l6e6x

6/28/15 10:58:14 PM

If it's measured like in the US, then yes.

That's about how bad in got in the US. Many folks that lived through that in the 1930's in the US never got over it mentally. "Brother, can you spare a dime?"

But, I'm not sure the unemployment measuring in Greece is the same. The US numbers underestimate reality.

Also, the Greeks could look for work elsewhere in EU. Cultural and language issues don't help, however. That's another weakness in the EU.

Alex

"There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge."

-- Isaac Asimov

Greece: It's the politics, stupid! - (Another Scott) - (41) - June 28, 2015, 01:20:49 PM EDT

Nah! The Greek governmaent was elected to stiff the rest of EU. - (a6l6e6x) - (29) - June 28, 2015, 04:52:35 PM EDT

We'll see. - (Another Scott) - (28) - June 28, 2015, 05:46:38 PM EDT

They will have a depression now. - (a6l6e6x) - (5) - June 28, 2015, 09:36:02 PM EDT

25+% unemployment for 3+ years isn't already a depression? - (Another Scott) - (4) - June 28, 2015, 10:35:35 PM EDT

is that american unemployment measure or really counting all the people out of work? -NT - (boxley) - (2) - June 28, 2015, 10:46:54 PM EDT

Re: is that american unemployment measure or really counting all the people out of work? - (Another Scott) - (1) - June 28, 2015, 10:58:30 PM EDT

For one thing BLS has the notion of "discouraged workers". - (a6l6e6x) - June 28, 2015, 11:34:39 PM EDT

If it's measured like in the US, then yes. - (a6l6e6x) - June 28, 2015, 10:58:14 PM EDT

Greece was supposed to have a shallow recession - (pwhysall) - (21) - June 29, 2015, 01:04:39 AM EDT

The endemic tax evasion problem goes back decades. - (static) - (1) - June 29, 2015, 02:20:15 AM EDT

Agreed 100% -NT - (pwhysall) - June 29, 2015, 03:23:31 AM EDT

It's hard to have a primary surplus without collecting taxes... - (Another Scott) - (18) - June 29, 2015, 08:12:27 AM EDT

I don't disagree - (pwhysall) - (3) - June 29, 2015, 09:39:02 AM EDT

Bring back Ottoman rule! :) - (a6l6e6x) - (2) - June 29, 2015, 01:23:45 PM EDT

Yes, but the Turks have much fancier outfits. - (Andrew Grygus) - (1) - July 1, 2015, 12:44:09 PM EDT

you sure? looks like a shriners convention -NT - (boxley) - July 1, 2015, 12:49:12 PM EDT

More on the structural problems facing Greece: - (pwhysall) - (13) - July 7, 2015, 03:19:05 AM EDT

Yeah, if only Syria had not won the election, then the Banksters would have fixed everything... :-/ -NT - (Another Scott) - (12) - July 7, 2015, 01:04:41 PM EDT

So what's your solution? - (pwhysall) - (11) - July 7, 2015, 05:03:31 PM EDT

Excluded middle ... but you know that, right? - (drook) - (10) - July 7, 2015, 05:07:22 PM EDT

OK, how do you do that? - (pwhysall) - (9) - July 7, 2015, 05:10:22 PM EDT

You broke it, you bought it - (drook) - (8) - July 7, 2015, 07:48:10 PM EDT

This. - (Another Scott) - July 8, 2015, 02:18:33 AM EDT

Why not? - (pwhysall) - (6) - July 8, 2015, 02:55:45 AM EDT

I don't know that 12-step programs work on social psychology - (drook) - (4) - July 8, 2015, 09:14:12 AM EDT

Or we could just keep right on tipping money into their economy - (pwhysall) - (3) - July 8, 2015, 12:29:12 PM EDT

Oh, I see, you just make up convenient "facts." - (mmoffitt) - (2) - July 8, 2015, 12:48:45 PM EDT

Whev - (pwhysall) - (1) - July 8, 2015, 01:01:47 PM EDT

Re: EZ countries should just keep right on paying. - (mmoffitt) - July 8, 2015, 04:22:58 PM EDT

Right. - (mmoffitt) - July 8, 2015, 09:22:18 AM EDT

Krugman: The Reverse Corleone - (Another Scott) - (4) - June 28, 2015, 10:50:18 PM EDT

Re: "they made Tsipras an offer he can’t accept" - (a6l6e6x) - (3) - June 28, 2015, 11:09:06 PM EDT

Sure you can. At least for a while. - (crazy) - (1) - June 29, 2015, 08:55:23 AM EDT

:-) -NT - (boxley) - June 29, 2015, 11:06:26 AM EDT

Yeah. Who do they think they are? Wall Street Bankers? -NT - (mmoffitt) - June 29, 2015, 08:55:33 AM EDT

Greece blinked - (crazy) - (2) - July 1, 2015, 09:48:40 AM EDT

It's really hard to know who's giving the straight story on this stuff. - (Another Scott) - July 1, 2015, 11:09:18 AM EDT

They are literally playing games. - (a6l6e6x) - July 1, 2015, 06:09:08 PM EDT

Good article on monetary policy and why the euro was doomed from the start - (crazy) - July 6, 2015, 07:17:32 PM EDT

Piketty (and others) open letter to Frau Merkel. - (mmoffitt) - (1) - July 8, 2015, 10:01:39 AM EDT

Puritanical visions of comeuppances (visited on anonymous Others) ..not just the Murican schadenfreude - (Ashton) - July 10, 2015, 04:20:19 PM EDT

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