The current fiat money economy offers young people in particular fewer and fewer opportunities to develop economically. This urgently needs to change. Sharp criticism must be leveled at the political practice of financing ever higher government debt with ever more money, thereby severely damaging the productivity of national economies. We need a return to the free market economy or a return to it at all, as we have never really experienced its rules.
75 sats \ 1 reply \ @Undisciplined 21 Dec 2023
Wasn't youth unemployment in Spain over 50% during the Great Recession?
Do all these countries calculate unemployment in the same misleading way as the US (i.e. they only count those actively looking for work)?
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429 sats \ 0 replies \ @TomK OP 21 Dec 2023
Si. I think so. Looks bad over here again.
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10 sats \ 1 reply \ @shado_op 20 Dec 2023
People should bear these stats in mind next time they are tempted to criticise the younger generation.
Across the world, this demographic are literally having their future stolen due to the zombification of our economies post credit crunch.
Could Bitcoin offer a way out?
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25 sats \ 0 replies \ @TomK OP 20 Dec 2023
They are often victims of the fiat plunder, indeed. Too many here in the south (same in the US) are coming back to their parent's home as they can't afford a living.
BTC can only help if they have funds to save. Maybe together with their parents as a family fund project.
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