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Can Global Youth Unemployment Lead to WWIII?

I read an article in Wall Street Journal about Pope Francis visiting Brazil and addressing youth unemployment. Pope called upon leaders to serve the poor and it is certainly true for any form of leadership. Recently, the International Labor Organization (ILO) published a damning report on global youth unemployment earlier this year, highlighting that in the global labor market 75 million youth are unemployed. It just concerns me that with increased globalisation, and manufacturing in the West b…
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jetaro avatar
jetaro 31 July

nope dont think so.

annatimone avatar

I hope you are right. But remember the state of economy in Germany and the rest of the world before WWII? I hope it’s a stretch, but I would not overestimate our leaders and modern civilization.

Nadin5794 avatar

Одна из участниц конкурса живёт в Южной Америке и говорит об уровне жизни в странах на этом континенте-он отстаёт от европейского лет на 5,у меня есть знакомые в странах Азии и Восточной Европы,а также Африки,финансовое положение которых катастрофическое...люди на грани...если в Европе начнутся какие то волнения не думаю,что они просто успокоятся,так как и там ситуация далеко не радужная..

annatimone avatar

I completely agree with you. It doesn’t take much. How long can people last without jobs? Especially young people (17 to 25). It causes a lot of frustration and builds a lot of anger. We already see massive revolutions throughout the world and with an ongoing conflict in the Middle East…..I hope I’m just being very pessimistic, but WWII is not an unrealistic stretch.

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When Will the US Dollar Substantially Increase in Value?

The US dollar rose in value only temporarily on Thursday when durable goods orders increased by 4.2% - exceeding predictions of 1.1%. That said, on Wednesday the US dollar rose in value compared to other major currencies as positive data regarding US new home sales and the US manufacturing industry sector was released. The Markit’s July flash purchasing managers’ index for the United States increased to its highest reading in four months to 53.2. Additionally, new home sales in the US in June ro…
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