In response to:

Where is the Breaking Point?

Meloc2 Wrote: Jan 22, 2013 5:05 PM
OMG! I actually thought this comment was said in jest! As in "All hell is breaking loose in the world, but didn't Obama throw himself a nice party?". LOL!!! Yes, and Nero fiddled while Rome burned.

Spanish banks have already shed 30,000 jobs in ins banking crisis. Another 20,000 cuts are due in 2013, along with pay cuts and reduced pension contribution. In response Spain's Banking Unions Announce Strikes.

Workers at three of Spain's bailed-out banks will stage strikes in coming weeks as they fight mass layoffs, unions said on Monday, spreading industrial unrest to a sector where walkouts have so far been rare.

While the banks, crippled by a property bubble that...