The Elements Of Social Unrest Loom Large Across Europe

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Monday, January 7, 2013 The Elements Of Social Unrest Loom Large Across Europe Though the euro crisis appears to have mostly faded from the headlines lately, the economic trouble in Europe isn't going anywhere. Perhaps one of the best illustrations of this is the array of staggering youth unemployment rates across the eurozone, many of which are at all-time highs. In a note to clients today, Societe Generale's cross-asset strategists warn that given the high rates of youth unemployment, euro-area governments still face very real threats to stability: Social unrest still a concern... Economic crisis in developed countries have reinforced unemployment, especially with the youth. In 2013 southern economies plagued with large unemployment will remain in a recession marked by a lack of consumer confidence and greater poverty. With lower population support, large upheavals could threaten government stability. Greek finance minister recently said that Athens still faces "the possible risk" of exiting the single currency if political unrest blocks reforms. Social unrest is also looming in many emerging markets, where income inequality has increased or remained high since the 1980s. Distribution inequalities and corruption are among the main concerns of the Chinese population according to recent surveys. It seems likely that this has the potential to re-emerge as a big story on the eurozone front in 2013. Read » Also On Money Game Today: The EPA Hasn't Figured Out How To Publish Results Of Its Fracking Chemical Study Without Spilling Trade Secrets STOCKS FALL: Here's What You Need To Know Advertisement CHART OF THE DAY: THE SCARIEST JOBS CHART EVER CHART OF THE DAY: 90 Years Of Crises, Correlations, And Stock Market Volatility CHART OF THE DAY: The State Of China's Manufacturing Sector Explained In An 11-Sided Polygon Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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