Credit Crunch and Recession sparks protests and riots
Economic related protests and riots are occuring around the world from Iceland to China. The mainstream media in the U.S. gives relatively little or no coverage to these events. On January 23, 2009, the Prime Minister of Iceland, Geir Haarde resigned from office following several months of protests over the banking collapse and credit squeeze. The resignation of the Minister of Business Affairs followed two days later. Economic conditions in Iceland and other parts of the world continue to deteriorate as the effects of the credit crisis affect the general economy. The world economy appears to be sliding deeper into recession and possibly something worse. Read more on the economic downturn here. Protests in Iceland are happening on a near daily basis and are becoming edgier as tensions mount amidst the declining economy. You can see more about Iceland’s economic fallout and protests at the excellent blog (written and updated frequently by a native Icelander) here http://iceland-dori.blogspot.com/
Economic related rioting is also increasing in Eastern Europe. In particular, Latvia has seen some extremely violent rioting. Rioting has also been seen in Greece, Bulgaria and Lithuania.See videos below.
There is a great deal of unrest in China, as the recession in the United States and Europe is drastically reducing demand for factory produced goods made there. In particular, the city of Guangdong, has seen large scale rioting by recently unemployed factory workers who were left desparate and destitute after factory closures. Most economists agree that China requires a minimum of 8% economic growth just to provide enough jobs to keep pace with the huge numbers of new people entering the workforce due to population growth. Recently, the growth rate dipped to 6.8% and projections indicate that it may decline to 5% which indicates severe economic problems and increased social upheaval.
Duration : 0:2:15
March 9th, 2010 at 4:10 am
Actually they …
Actually they changed that law a couple years ago. Its pretty up. Theyre way ahead of it already.
March 9th, 2010 at 4:10 am
One thing that …
One thing that americans have is the right to keep and bear arms. get ready for chaos
March 9th, 2010 at 4:10 am
@ Stiff
I’m sure …
@ Stiff
I’m sure he’s just… checking his equipment! Yeah…
Still, it’s sad that people get together to make their voices heard by their governments, but they get blown off by the media. I bet they still got plenty of time left for what Britney Spears is doing, or 50 Cent’s new album.
March 9th, 2010 at 4:10 am
Protest the Federal …
Protest the Federal Reserve and their corporatist agenda to control the world economy and monetary system. The constitution actaully does not allow this. Protest for the end of the FED, and I’ll join you.
March 9th, 2010 at 4:10 am
To see in detail …
To see in detail what this will look like in the US watch ‘Is America Burning?’ on my channel.
March 9th, 2010 at 4:10 am
1:36
OOOH! THIS …
1:36
OOOH! THIS IS NO TIME FOR THAT!
March 9th, 2010 at 4:10 am
Perhaps it isn’t …
Perhaps it isn’t that bad to you now. But do you realize that your state is 48 billion in debt, which is growing by over a thousand per second? It’s only getting worse. Have we seen the bottom? Maybe, but I don’t think so. Why? The government is devaluing the dollar by printing more than we have, with nothing to back it, while raising taxes on businesses. Do you know what that leads to? Unemployment and hyperinflation with a high poverty level. 3rd world country. I hope It wont happen.
March 9th, 2010 at 4:10 am
Living in a state …
Living in a state that has a 12% unemployment rate, i should know. Yes its bad, but its hit bottom, maybe a few months ago. We will still lose jobs, but its getting better. Living here in Orange County, California i have literally seen NO effect of the recession. Really, maybe its my little bubble, but seriously. The only actual effect i have seen was a Mervyn’s store close. Thats it. I have seen our city keep expanding. civil unrest will not help anyone, it will only make things worse.
March 9th, 2010 at 4:10 am
Do you have a job …
Do you have a job now?
March 9th, 2010 at 4:10 am
Tell that to the …
Tell that to the millions of unemployed ppl who cannot find jobs so the recission is far from over….It is just the beginning!
March 9th, 2010 at 4:10 am
People get over it. …
People get over it. The recession is over. Its done.
America now and forever!
March 9th, 2010 at 4:10 am
they don’t need a …
they don’t need a reason,is it’s been control by their policies to a social control, from the government to control your life.and they don’t want threats of terrorism.
they are watching you.
that’s why they delete this video.
basically control and manipulate your rights.
is what the government is going to do from12 21 2012 to beyond years for the only reason to the N.W.O. things like the movie 2012 is not going to happens folks.but to control your life.
you want that?
March 9th, 2010 at 4:10 am
This story came to …
This story came to mind:
a senator in Rome once suggested that all slaves should wear white armbands.
Another senator, wiser, told him to forget that idea since this would only create revolt, once they see how many of them they really are.
March 9th, 2010 at 4:10 am
mE TOO BUT LETS …
mE TOO BUT LETS PROTEST me protesting whateva you pick to protest
March 9th, 2010 at 4:10 am
anyone wanna start …
anyone wanna start a protest with me? i wanna protest something idk what i just wanna protest lmao.
March 9th, 2010 at 4:10 am
They probably …
They probably removed your last video on copyright infringement <.<
March 9th, 2010 at 4:10 am
what the is …
what the is happening to america
March 9th, 2010 at 4:10 am
well my mum says
…
well my mum says
that
in 2012 salvation will be here
some say its doomsday
some say its the end of the world
and some say that climate changes will destroy the world
meh lots of people say lots of thngs
and 2012.. wats happenin in america and other countries.. r BIG!
but its always the governments fearing the people.. never the people fear the government.. no matter how much military or secret police the government has
March 9th, 2010 at 4:10 am
The government is …
The government is the one who puts FEAR in your mind to set these laws!!! They feed you all these lie’s so they could keep the power and yet you vote for it all? you are putting yourselves in the CONCENTRATION CAMPS they have waiting for those who have a mind and are free thinkers and want to be free. They have all the power and we are doomed from the beginning. So stand up NOW!!! and speck your VOICE, your not a robot… The evidence is there, so why are you so blind?
March 9th, 2010 at 4:10 am
capture the cop.
capture the cop.
March 9th, 2010 at 4:10 am
i have saved …
i have saved thousands of lives and brought nothing but perfection to the world, you ever hear of permaculture? look into it and see that the exacerbation of human nature’s dark side is due primarily to lies from the knowledge coveting sicko’s, not me, and not you, (i would hope) unless you are a sad angry sadistic nihilist of sorts, and in that case…hmm…eat a peach
March 9th, 2010 at 4:10 am
let the bodies get …
let the bodies get some mo!
let the bodies get some mo!
let the bodies get some mo!
daily bread, stop controled famine, overpopulation is a myth
asses have taken the secular world into a house of horrors.
get your country back! it the best chance the world has as long as we stop being sheeple guided by evil as moths to flame or flies to poo.yum, eat your poo slave. you are what you eat, GMO can be organic now too. we are all becoming test subjects in a sick dream from a paper tiger of lies
March 9th, 2010 at 4:10 am
You Tube removed my …
You Tube removed my parody commercial on Goldman Sachs due to Warner Music Group made a copyright claim. Within 3 hours, the video is disabled and currently in dispute.
If you want to see this funny commercial, please go to my channel.
Lets support each other videos here on You Tube and spread the news and information to those are unaware of it and provide resolutions them as well. Thanks Chingon for posting this video.
March 9th, 2010 at 4:10 am
we need the year …
we need the year 2012!
hope it will up the human!
March 9th, 2010 at 4:10 am
Policestate / or …
Policestate / or nazi-germany 1942
..Whats the difference?