Unemployment in Spain has passed 6 million, or roughly 27% of the working population. Under 24 years old, the rate is close to 57% These numbers will not decline for at least a year, as Spain continues to implement austerity measures. These numbers far surpass the worst levels of the Great Depression.
We worry about the influence of money on American politics, as a large number of people in Congress are millionaires. But the problem is far worse in China. Here’s a graph of the wealth represented in the National’s People’s Congress. Mao must be turning over in his grave.
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Earlier this month I posted a quick blurb on the finding of a new influenza virus in China (H7N9) and suggested that I would keep an eye on it. Many others have also kept an eye on the virus, and a note of concern is creeping into the discussions. The flu has spread in ways that don’t involve chicken to human transmission, but we don’t know how. That strange anomaly is disquieting. Once again, I don’t think this is yet an item for great concern, but perhaps we should keep both eyes on it now.
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