Unemployment: it’s not all back to the 1970s, but a serious chunk of it might be
FT Alphaville » Germany 2013-08-01
Summary:
You know what doesn’t often conjure images of economic happiness? The 1970s, that’s what. And the argument coming from some quarters right now is that Europe, or at least its periphery, is heading back into such a period of stagnation and chronic inflation with unemployment leading the way.
Continue reading: Unemployment: it’s not all back to the 1970s, but a serious chunk of it might be