Monday, February 16, 2009
the horror... the horror...
From the Front Page of the New York times, Sunday, February 15, 2009
Unemployment Surges Around the World, Threatening Stability
Worldwide job losses from the recession that started in the United States in December 2007 could hit a staggering 50 million by the end of 2009,according to the International Labor Organization, a United Nations agency. The slowdown has already claimed 3.6 million American jobs.
The International Monetary Fund expects that by the end of the year, global economic growth will reach its lowest point since the Depression...
(no editorial comment necessary)