Even before the flood of Middle Eastern and North African refugees into the European continent, most countries there were already in poor shape. Despite numerous bailouts from the rest of the European Union (EU), Greece continues to refuse to abide by the austerity measures proposed by the more financially responsible countries — such as Germany — implemented as a condition of those bailouts. Greece continues to pay out lavish pensions to its young retirees despite not having the financial standing to do so. Over one-quarter of working-age Greeks are unemployed — over 51% of young Greeks remain jobless. Greece is not the only country in dire straits.
Spain, Italy, and Portugal are all in awful economic shape as well. Spain’s unemployment rate is nearly as high as Greece (23%), and Italy (12%) and Portugal (13%) aren’t doing well either. For all of these reasons — and more — the United Kingdom is strongly considering leaving the troubled European Union. President Obama is currently visiting Great Britain and took a pause from lecturing them about their possible departure from the EU to brag about how he has saved the world economy. To read about President Obama’s proclamation and its incongruence with reality in Europe, continue reading on the next page:
He lives in a dream world.
Asshole
Mae Ferrell, in seven short years Obama has nearly destroyed a nation, and at the very least, has divided us all.
Mae Ferrell, I agree totally… in seven short years Obama has nearly destroyed a nation, and at the very least, has divided us all.
Lol yea and look a flock of flying pigs lol
How egotistical can u get
And Renzi is not interested in getting free hnjob from Obama.
Kim Mattoon, I totally agree with everything you posted here!
Jim Hall
He lost ours and saved theres bye sendinh our work and jobs to other countries