In Spain the rain falls mostly in disdain


Spain was arguably the world’s leader in pushing for a Green economy. They’re the ones who have that gargantuan solar panel mirror thingy, for example.

So, how’s it all going?

The overall unemployment rate is in the mid-20s, industrial production and services activity have both cratered, construction indicators like cement consumption have been devastated after doubling between 1998 and 2007, retail is in a free fall, and export growth (most of which go to Europe) is falling is slowing.

(zerohedge)

Cant wait until July 1st when Aussie PM Julia Gillard’s carbon tax kicks in.

No worries. In case you missed it, living expenses are set to increase a minimum $4000 per year in 2012 thanks to the Gillard government.

Via JM Heinrichs

UPDATE

More trouble in Italy?

Advertisements
  1. No trackbacks yet.

Surely you're thinking something...

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: