Originally Posted by
gear
I couldn't possibly speak with any authority on how things are going in Europe because I only get over there every other year or so, you'd need to be there much more often than that to make a valid assessment. But I do live in the US and it sure seems like things have been better on a financial level than they are now. I'm not sure the unregulated market place thing is going so good.
I have a friend in the Netherlands. He says it's "dire times", because their unemployment figures are at 5%, and politicos in the conservative party there are trying to suggest austerity measures, such as reducing vacation stipends.
"Dire times", "fiscal insecurity", and "tearing apart at the seams" seems to be quite subjective. Especially hearing someone talk about 5% unemployment being "dire", seeing as here in the US the figure is double that.