That may seem like hyperbole, but it isn’t. According to ZeroHedge the Greek Center of Planning and Economic Research has proposed the young and unemployed by given jobs with no wages. And those who still can’t find work even with the – quite literally – slavery of the young being proposed? Exportation.
But Eric, I can hear you say, surely youth unemployment can’t be that big a deal in Greece can’t it? This will affect maybe 10% of the population, right?
Greek unemployment is currently +50%
And to make matters worst, ~1/4 of those under the age of 25 and unemployed in Greece have never worked a day in their lives.
Welcome to the new 1930’s.