UK GDP declining nearly at Great Depression rates

[NJ5]

kowenicki said:

NJ5 said:

kowenicki said:
You will have to wait and see.... the shit will hit the fan in (particularly southern) Europe soon enough.

Spain particularly is in big trouble.

What do you mean by shit hitting the fan? Spain already has the highest unemployment in the EU (if not Europe).

 

and it will get worse.... predictions of 25% unemployment from many economists. 

It will get worse everywhere... the only question is where it will get worse the fastest.