• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Europe's Scariest Heatmap

Tyler Durden's picture


Readers already know that when it comes to Europe, the scariest chart, from a political, economic, financial and social perspective, is that showing youth unemployment - youth, which engaged in idle, non-productive activity is a powder keg for both future economic instability and social upheaval. The monthly update is presented below. This time, we are happy to also present the "scariest heatmap" that goes with it, showing the geographic breakdown of unemployment in the critical 15-24 age groups. Those looking for geopolitical hotspots in the coming months and years, look no further than the dark shaded areas.


Europe's youth unemployment rate pushed higher once again to a record-breaking 24.4% - where Greece was in Dec 2008. What is crushingly awful is the 57.6% youth unemployment in Greece and 56.5% in Spain that leaves a social fire burning in the belly of the nations. Italy also saw a major move to record highs above 37% youth unemployment and France is now above 27% also... recovery?


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Wed, 01/09/2013 - 09:41 | 3135959 GetZeeGold
GetZeeGold's picture



We need to ship some hope over there mucho pronto.

Wed, 01/09/2013 - 09:54 | 3135997 DownByTheRiver
DownByTheRiver's picture

OT : This guy has undeniably proven at least a dozen actors at the Sandy Hook 'Shooting' FROM THE SAME FAMILY


Download these before they get taken down....please. 


Small sample...


'Nick Phelps and Laura Phelps, parents of children at Sandy Hook' 


Tony Greenberg and sister Jennifer Greenberg Sexton, from their library


More Laura Phelps vs. Jennifer Greenberg Sexton



Great grandchildren of David Rockefeller Jr. 


and them posing as 'siblings of Victoria Soto, hero teacher'



a side by side of Leon Greenberg vs. 'the brother'



Pic of the great grandchildren of David Rockefeller Jr. 


Compare the old man sitting to...David Rockefeller Jr. 



If you want the rest go to godlikeproductions and search - 


More than a dozen actors exposed in Sandy Hook Hoax download vids b4 theyre gone


Wed, 01/09/2013 - 10:20 | 3136073 flacon
flacon's picture

The obvious way to solve youth unemployment is to have the youth leave the country. Problem solved and we can all go back to getting free stuff from the government. Solving problems has never been easier. :)

Wed, 01/09/2013 - 10:31 | 3136118 SamAdams
SamAdams's picture

Don't worry, each of these countries is headed by Masonic politicians and CEOs at the behest of Illuminati Money Creators.  What could go wrong???

Anyone ever check out those weird Masonic hands and pyramid in front of the IRS headquarters?  Note the "Bill of Rights is human and fragile" inscription.  How about that "We the people" on the pyramid.  Remember, your founding fathers were Masons, had slaves, and "We the People" referred to them, the elite.  This country has been run by Masons at the behest of bankers since the beginning.  Now you know the Masonic secret and you didn't even have to perform a bizzare and morally defunct ritual to be the wiser.

Wed, 01/09/2013 - 11:21 | 3136400 rqb1
rqb1's picture

i thought the founding fathers hated the boe

Wed, 01/09/2013 - 12:17 | 3136652 SamAdams
SamAdams's picture

You are taught that, and certainly some did. There were two factions, the Federalists (banker) and those who would be considered Libertarians today. Control the present and you control the past. History published by McGrawHill, is not. Where is mcGrawHill headquartered?

Wed, 01/09/2013 - 11:35 | 3136484 Random
Random's picture

Masons, right...how about the truly big bosses, the Jesuits/Papacy? (jews are subordinate to the Pope also).

Wed, 01/09/2013 - 11:58 | 3136588 SamAdams
SamAdams's picture

Yes, as crazy as it may seem to the uninitiate, the Vatican and the Bankers have joined forces. Knights of Malta became Freemasonry. Jesuits are Illuminati. They were opposition, but realize synergy today. Money creation (London), war (DC), Religion (Vatican). Control what the mind knows to control the profane. Reveiling too many secrets.

Wed, 01/09/2013 - 13:00 | 3136838 Raymond K Hessel
Raymond K Hessel's picture

And that must mean you yahoos are Assassins!!!  Ezio Auditore, is that you?!

Thu, 01/10/2013 - 05:30 | 3139639 matrix2012
matrix2012's picture

Nope Sam, you're far away from being crazy :-)

The Illuminati are a kind of secret world government, their main goal is to create the New World Order (NWO), a fascist-communist global 1984-style dictatorship where every citizen is totally controlled with an implanted RFID chip. One of the exoteric key institutions of the illuminations are the Bilderbergs, for example.

Within the illuminati one can distinguish 3 circles:

* exoteric (outer) circle: e.g. Bilderberg Group, Trilateral Commission, Council on Foreign Relations (CFR) and others. Many on this level (e.g. one-time Bilderberg participants) are more or less clueless what's really going on, but their egos are pleased that they are so close to those with the real power.

* inner circle: e.g. regular Bilderberg participants

* esoteric circles: e.g. Grand Masters of occult societies. That's where the NWO (New World Order) plans are erected. If these plans are implemented or not depends a lot on whether the outer circle can be convinced.

HERE: http://bit.ly/KHpJGw


Who is the Bilderberg Club?

Since 1954 about 150 ‘high priests of globalization' mainly from Europe and North America meet in secrecy each year in order to make far-reaching decision and to take orders ( SEE http://bit.ly/L1pTZZ ). Bilderberg is the exoteric (outer) key instance of the illuminati ( SEE http://bit.ly/KHpJGw ), the secret world government that I fondly call the ‘reptiles' because clairvoyants perceive reptile-like entities in their aura (which cherish from the fear of human beings).

Another reason for this nickname: the illuminati have their roots in the BROTHERHOOD OF THE SNAKE, probably the oldest secret society of the world (needless to say that snakes are reptiles). This also explains why the international symbol for the US$ oddly looks like a snake around a rod, and the $ can't be deducted from the name... Without doubt, that's the SUMERIAN SEMICADUCEUS, the old symbol for the Cult of the Snake.

- - - - - -

"The Illuminati knows the people are going to find out about them ...the best thing they can do is call your attention towards something else and say that's that. So they have reflected the attention on Zionism ...The only problem is that most of the people in the Illuminati aren't Jews. Their founders were Jews by birth, but not by religion. But most of its leaders, except for the Rothschilds, are Gaelic: Scotch or French Gaelic. It's got nothing to do with Jews. My family & most of the people serving on the Grand Druid, their family trees go back to the pagan temples in Rome & Greece & England, to the original priesthood. Some go back as far as Egypt & Babylon. It's got nothing to do with the Jews."

[David Livingstone writes: "Elizabeth Hirschmann and Donald Yates in their study, "When Scotland was Jewish", documents the Jewish origin of many of Scotland's leading families, beginning with the Sinclairs and Stuarts, but also the families of Forbes, Bruce, Campbell, Gordon, Caldwell, Fraser, Leslie, Christie, Kennedy, ad Cowan (Cohen). http://www.terrorism-illuminati.com/book/holy_grail.html]

Todd makes clear the Rothschilds, a family of Sabbatean Jewish Cabalists, top the Illuminati hierarchy:

"The Rothschilds lead the Illuminati and in every country they have a family ...being the head of the Illuminati. In the United States, we have the Rockefellers. David Rockefeller is both the head of the Council of Foreign Relations and the Trilateral [Commission] which is the name of the Illuminati within the United States."

"On the top of each pyramid you will see a capstone with an eye in it. The capstone is the Rothschild Family or Tribunal that rules the Illuminati; they were the creators of it. The eye is Lucifer, their god and their voice. The first 3 top blocks are on every pyramid. The top block is what I was initiated into, the council of 13 called the Grand Druid Council. They only take orders from the Rothschilds and nobody else. They're their private priesthood. The Council of 33 is directly under them, that is the 33 highest Masons in the World. The Council of 500, some of the richest people and conglomerates in the World-[including the Bilderbergs and the families like the Duponts and Kennedys.]

To learn where's the papacy role, search using DuckDuckGo.com : "Alberto Rivera Former Jesuit priest"

Try this one too: "Dr. Alberto Rivera" Ex Jesuit Father Fr. Priesthttp://bit.ly/WBBUWO

The Jesuits in Great Britain - www.reformation.org/jesuits-great-britain.html


More about the Jesuit and Vatican at Biblioteca Pleyades - Bibliotecapleyades.net:









Wed, 01/09/2013 - 10:37 | 3136161 hansg
hansg's picture

Why do we need so much immigration if we expect our own youth to leave?

Wed, 01/09/2013 - 14:48 | 3137333 Argentbilly
Argentbilly's picture

Children are the future bro, how about labor refom, automation is tacking over.


Wed, 01/09/2013 - 22:51 | 3139476 Matt
Matt's picture

Neo-Luddite Revolution! Down with the machines! Do everything by manual labor to restore jobs!

Wed, 01/09/2013 - 10:38 | 3136159 Brokenbroker
Brokenbroker's picture

What is the point out of sheer curiousity? That the thing was a hoax?
Not a hoax. Believe me. Kids died. Teachers died. I have friends and family that live and work there. It happened. Is it really that hard to believe that some kid went nuts? Or is it harder to believe that someone orchestrated this hoax? People cant even keep secrets among one or two people. Your sense of what kind of conspiracies can be pulled of is not at all realistic

Wed, 01/09/2013 - 10:38 | 3136160 Brokenbroker
Brokenbroker's picture

What is the point out of sheer curiousity? That the thing was a hoax?
Not a hoax. Believe me. Kids died. Teachers died. I have friends and family that live and work there. It happened. Is it really that hard to believe that some kid went nuts? Or is it harder to believe that someone orchestrated this hoax? People cant even keep secrets among one or two people. Your sense of what kind of conspiracies can be pulled of is not at all realistic

Wed, 01/09/2013 - 12:26 | 3136225 SamAdams
SamAdams's picture

No disrespect to the victims, but you fail to realize that we are a nation subject to much larger conspiracies that were successfully "pulled off".  After the first 10 or so, you start to become suspicious, especially when the facts don't add up.  As they say, "9/11, We will remember".  I certainly do.  I remember WT7 coming down when nothing even hit it.  I remember and have a photo of columns severed by demolition thermate at the angle necessary to implode a building.  To quote the smirking chimp, "Fool me once, shame on you... fool me twice, we won't get fooled again".... 

Wed, 01/09/2013 - 09:56 | 3136002 Thomas
Thomas's picture

Kyle Bass moment.

Wed, 01/09/2013 - 10:26 | 3136087 economics9698
economics9698's picture


I am the god of hell f ire and I bring you:
Fire, I'll take you to burn.
Fire, I'll take you to learn.
I'll see you burn!
You fought hard and you saved and learned,
but all of it's going to burn.
And your mind, your tiny mind,
you know you've really been so blind.
Now 's your time burn your mind.
You're falling far too far behind.
Oh no, oh no, oh no, you gonna burn!
Fire, to destroy all you've done.
Fire, to end all you've become.
I'll feel you burn!
You've been living like a little girl,
in the middle of your little world.
And your mind, your tiny mind,
you know you've really been so blind.
Now 's your time burn your mind,
you're falling far too far behind.

Wed, 01/09/2013 - 10:04 | 3136034 yogibear
yogibear's picture

The has the best BS and spin media out there.

When it gets tough Bernanke and Obama make daily apperances on television.

Things like the higher the deficit the better we will be, therefore we must take away the debt ceiling.

The US definitely knows how to get extra super mileage from BS and mis-information. 

Wed, 01/09/2013 - 10:37 | 3136155 hansg
hansg's picture

What does this chart mean, exactly? At least in the Netherlands, almost everyone in the age range 15-24 is still in school! And if they hold a job it is something like waiter or supermarket work - hardly the core of a labor force. I would find the 25-30 age range much more interesting, since that represents an age people should be having a (real) job.




Wed, 01/09/2013 - 09:44 | 3135966 AU5K
AU5K's picture

Will a 2nd spanish civil war again precede a larger world wide conflict?

Wed, 01/09/2013 - 09:56 | 3136004 Joe Davola
Joe Davola's picture

Don't call it war, call it a test run.


Wed, 01/09/2013 - 09:45 | 3135967 Dexter Morgan
Dexter Morgan's picture

Central Planning at its finest!

Wed, 01/09/2013 - 09:45 | 3135968 ATM
ATM's picture

and change too

Wed, 01/09/2013 - 09:48 | 3135978 Jason T
Jason T's picture

Temperate climates always have best economies.  It's all about the weather.  Too hot in the mediterainian to work.


Of course Singapore disputes what I just said.. but they all have AC I imagine.

Wed, 01/09/2013 - 22:55 | 3139480 Matt
Matt's picture

Seasons. Areas that have seasons, you have to have food stored up (historically) or money (now) to survive winter. Areas with tropical temperatures, you can survive day to day year round, so saving is not a requirement for survival.

Wed, 01/09/2013 - 09:48 | 3135979 mrktwtch2
mrktwtch2's picture

when the euro does go..(and it will) the dollar will soar and commodities will get crushed ..could see gold below 850 oil at 38 and so on the only question is can they hold it together for another 14 months or so??

Wed, 01/09/2013 - 09:56 | 3135998 THX 1178
THX 1178's picture

No, the derivatives structure has welded all banks in the world together. When the Euro goes, so do the Euro banks, and their derivatives, and all of the US banks tied to these derivatives. Borders and continents do not matter anymore. This is going to come apart VERY VERY VERY quickly.

Wed, 01/09/2013 - 10:10 | 3136044 TSA gropee
TSA gropee's picture

@THX1178, That is their plan is it not? To have "it" all collapse so that the masses cry out for help, then TPTB come to their rescue with their version of what they need?

Wed, 01/09/2013 - 10:53 | 3136240 THX 1178
THX 1178's picture

I don't know. Its like the singularity-- you just can't know what will happen after that point. Some say organic gold standard, some say one world currency, some say civil war in US, some say world war. I just don't think there will be enough money/resources to do much of anything. I think it is the end of fiat money and fractional reserve banking and the introduction of a hard money system. Its anyone's guess.

Wed, 01/09/2013 - 10:34 | 3136137 tabasco71
tabasco71's picture

In 2012, there was USD$3.6trn of Euro denominated debt invested in emerging markets, compared to USD$0.6trn of USD denominated debt... to my mind this is a driver for keeping the Euro intact.

Not saying its the only consideration, but it would be a hell of a job to redenominate all those loans...?

Wed, 01/09/2013 - 15:42 | 3137695 OpenThePodBayDoorHAL
OpenThePodBayDoorHAL's picture

The euro's not "going to go". They will eventually sort out the differences between the regions, just like the US did. I know, it's like scientists who can prove a bumblebee can't fly...but it can.

Wed, 01/09/2013 - 09:49 | 3135983 TideFighter
TideFighter's picture

I blew up the map hoping for a pin-head size of white at the Vatican. 

Wed, 01/09/2013 - 09:59 | 3136015 JPM Hater001
JPM Hater001's picture


Wed, 01/09/2013 - 09:57 | 3136009 AndrewJackson
AndrewJackson's picture

I don't know about you, but the numbers for the under 25 category seem extremely high in the US right now. We all know it is being tempered by uncle sam's student loans, but dang, I am low 20's and it seems like everyone I know does not have a job.

Wed, 01/09/2013 - 10:24 | 3136072 fonzannoon
fonzannoon's picture

Andrew I am 35 so I am going to have to go ahead and ask you to get a job Umkay? You see you are responsible for my social security and also I bought my house in '07 for 500k and I need you to buy it from me for 600k in a few years. Basically I am looking around the poker table right now for the sucker and I am petrified that I can't locate one. Please come and sit down at the table so I can get the fk outta here. I promise someone will sit down after you. Pinky swear.

Wed, 01/09/2013 - 10:28 | 3136094 Dr. Engali
Dr. Engali's picture

Andrew. Whatever you do don't listen to this guy. I'm 50 years old and I bought my house at 350k and sold it to him for 500k. He is currently in a position where he has to pay for my social security.  After I die I don't really give a shit about social security, but I do have kids. I would prefer it if the system would die and they didn't have the burden of paying for you. So whatever you do don't get caught up in the system .Live in your mom and dad's basement, play Xbox and wait for your inheritance.

Wed, 01/09/2013 - 10:32 | 3136123 fonzannoon
fonzannoon's picture

decisions decisions Andrew.


Wed, 01/09/2013 - 10:42 | 3136189 tabasco71
tabasco71's picture

Oh go on then... I'm 75yrs old, been retired on final salary for 10yrs, heart and cholesterol in great shape and have a mistress about the same age as Andrew.  Follow the sun during the year splitting my time between my properties in the north and the south of the ocuntry. Don't care whether you work or not as immigration will pick up the pieces you don't want to touch. Thanks guys, glad its almost over, but will still be around to suck from you for at least another 20yrs at this rate.


Wed, 01/09/2013 - 11:37 | 3136498 FoeHammer
FoeHammer's picture

Jobs? Whose got jobs? Where dey at?


I'd like to work for someone on ZH, particularly on a farm or other practical setting, particulcarly for an honest wage. A debt sef can only dream...

Wed, 01/09/2013 - 10:54 | 3136238 Sheeple Shepard
Sheeple Shepard's picture

If you dont know who the sucker at the poker table is, its you ; )

Wed, 01/09/2013 - 10:50 | 3136230 FrankDrakman
FrankDrakman's picture


Maybe not you personally, but most of the under-25's I've met in the US of A spent most of high school drunk, stoned, or both. They seem to expect jobs that pay $50k and up for little or no effort. It's no wonder to me that the group that's shown the most job growth is 50-64; employers know these people are going to go to work, and that their expectations are grounded in reality.

I'm 55, and I spent five years working in call centres at mimimum wage in the last decade because my sector collapsed in 2000. I finally found a decent job as a data analyst, but it took a long time, and I'm still not paid what I'm worth. Regardless, I show up every day and make an effort because that's what you have to do; I'm afraid many of your peers haven't realized it yet.

Wed, 01/09/2013 - 11:05 | 3136313 fonzannoon
fonzannoon's picture

FrankDrakman the 55 plus crowd are the parents of the under 25 crowd. Your crowd is primarily responsible for how that crowd has turned out.

I don't think it's fair to talk about your virtues and work ethic and extrapolate that to your "crowd" and completely abdicate your crowd's responsibility to make sure those virtues have been passed on to your children. If you are going to hold the under 25 accountable you should call a spade a spade and admit your failure as parents as well.

Wed, 01/09/2013 - 14:06 | 3137112 Totentänzerlied
Totentänzerlied's picture

Nonsense Fonz! The Baby Boomers are the most committed parents in the world!




Committed to themselves, their egos, and their free gubmint gimmedats, that is!

Wed, 01/09/2013 - 09:58 | 3136010 Dr. Engali
Dr. Engali's picture

Just do like we do...stop counting them in the labor force and pretend like they don't exist. Problem solved. I'm surprised they haven't figured that out yet...no wonder why we are the greatest most fabulous bestestes bullshitting country in the world.

Wed, 01/09/2013 - 10:32 | 3136127 sampo
sampo's picture

Actually, the reality is that of those, that are supposed to work here with respect to these charts, most are just cleaned under the mat by the government interventions.

Wed, 01/09/2013 - 10:00 | 3136016 TrumpXVI
TrumpXVI's picture

Sardinia; the powder keg that ignited WWIII.

Who knew?

Wed, 01/09/2013 - 10:17 | 3136064 BurningFuld
BurningFuld's picture

Meh. If it's a small country that trys to start a revolution I'm sure NATO forces will be happy to come in and "help out" the home government.

Wed, 01/09/2013 - 10:32 | 3136122 economics9698
economics9698's picture

China and Japan want to be next.

Wed, 01/09/2013 - 10:02 | 3136026 LeisureSmith
LeisureSmith's picture

Almost ready for harvest. The Borg is salivating for the public asset feast that is about to begin.

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