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Where is the Breaking Point?

Silas Longshot Wrote: Jan 22, 2013 7:31 AM
Sad thing is, the whole world is now so intertwined in a global market that if enough little guys sink it'll pull under a bigger and bigger market until the last domino falls. Going to be a rough time. Prepare while you can. Surviving urban crisis

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...