10/25/10 London, England – Despite the recent end to the oil blockade in Marseille, France, the gas shortages continue. About a fourth of French gas stations are completely out of fuel. This, because the protesting citizens have gotten used to the government’s old retirement age of 60 and can’t bear the thought of working until 62. Like anyone that’s grown accustomed to having things a certain way, they’re not exactly very receptive to change.
And, it’s happening around the world… governments of historically wealthy industrialized nations have maxed out their welfare economies and are slashing expenses wherever they can. It’s just a matter of time until the austerity tidal wave crashes onto US shores.
Rocky Vega
Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.
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…fall-o-wing the china exam PO, the french are “retiring” the eiffel tower, and will rebuild another much more tall and wide…to simulate economy grow….