The collapse of socialist Europe as the educated flee.

<B>A 'lost generation' from recession-hit Europe flocks to Britain to seek work – and finds it's not always what they hoped it would be</B>
WILL COLDWELL TUESDAY 22 OCTOBER 2013

Nothing tastes quite as good as a coffee brewed by an expert barista. However, increasingly the chances are that the person serving you will have a high level of expertise in something a bit more substantial than coffee. With students and graduates from recession-hit Europe moving to the UK in their droves in the hope of finding work, the person serving you that cappuccino could well have a PhD. Dubbed the "lost generation", it is not hard to come by the stories of the qualified and aspirational young people from countries such as Spain, Portugal and Greece who are struggling to find employment in the UK.

Last month, the seemingly hopeless situation led one 25-year-old Spanish man who works in a "famous coffee chain" to vent his frustration online. In a post published on Facebook and Twitter which has since been retweeted more than 31,000 times, he wrote: <B>"My name is Benjamin Serra, I have two bachelor's degrees and a master's degree and I clean toilets. No, it is not a joke."</B>

For Fernando Mariano, a 26-year-old student from Porto, the situation is quite simply "scary". "It was all very sudden," he says. <B>"The situation with culture in Portugal is very much based on subsidised companies and with the recession the government has cut them all."</B> It is easy for Mariano to recount similar stories: "Most of my friends at home have degrees but are unemployed at the moment," Out of 10 friends in my hometown, six are over here now and they work in bars and restaurants."

He continues: "Everyone's running away. Our PM said, 'Young people, please emigrate while you can.'

http://www.independent.co.uk/life-s...-be-better-educated-than-you-are-8895053.html

Cleaning toilets. The future promised by Obama.

 

Are his degrees the "worthless" kind? Women's Studies? French Poetry? In any event perhaps he should emigrate to America. He could become a parasite simply by voting for Odumbo... wouldn't have to do anything else at all. (We let in ALL foreigners and PAY them... if they will vote DemoCrap, you know.)

 

This is a recent problem in Europe - many of the generation under the age of 30 have multiple degrees and no jobs in their home countries - such as Spain, Portugal, etc. - the EU countries hit hard by the recession. The U.K appears to have effectively an open door policy in regards to taking people in from EU countries. However most get to the U.K and find they nobody will hire them for positions that require university education - some of the issues include iadequate language skills and British disdain for foriegn university degrees. Due to this most land up working in unskilled jobs.

 

The U.K. taxes and spends more than Spain. So are Spanish youth actually fleeing "socialism", or fleeing the eurozone?

 

They are effectively fleeing the countries that are the EU "Takers" - those countries that run large deficits, don't know how to handle their money, and must continuously be bailed out by the financially stable countries (Germany, France).

They go to the U.K because it is much easier to get employment as an immigrant compared to France or Germany.

 

In other news... More and more Europeans are beginning to ask whether the Euro, rather than cementing European unity as intended, is actually threatening it.

http://blogs.telegraph.co.uk/financ...-fever-reaches-heart-of-french-establishment/

Calls for EMU break-up are spreading into the upper echelons of the French foreign policy establishment, and the pro-European core.

The financially stable countries in Europe are tired of bailing out the "Takers", and can no longer see a purpose in maintaining a European Union that includes the "Takers".

 

Up until the recession, Germany and France were running deficits and Spain had surpluses.

 

France is anything but financially stable...

The younger generation within the Eurozone periphery is fleeing the austerity being imposed by the core countries, whether rightly or wrongly. They're fleeing "The Tab".

It's inter-generational warfare at its most extreme.

The paradox in the title of the post is what bothers me the most. The "socialist" Europe in question (especially the periphery) is doing the most un-socialist thing there is (in contrast to places like the US and the UK) and actually imposing true austerity. I was under the impression that this was a good thing.

 

Euro to new yearly highs today.

 

Desperate capital.

"Invest in Greece, it's booming!"
"Why is Greece booming?"
"Because everyone is investing in Greece. Invest in Greece!"