Skip to main content

291014 PUDI report

Regular reports on the growing Poverty, Unemployment, Debt and Inequality of the neo-capitalist world

Global:

The number of children entering into poverty during the recession is 2.6 million higher than the number that have been able to escape from it since 2008 (6.6 million, as against 4 million). Around 76.5 million children live in poverty in the 41 most affluent countries.”

The United States and Australia have had the largest increases in the NEET [young people not in education, employment or training] rate across non-EU OECD countries.”

Beyond income and employment levels, the recession has affected a number of other important dimensions of people’s lives. From 2007 to 2013, feelings of insecurity and stress rose in 18 of the 41 countries, according to measurable self-perception indicators (including access to food and satisfaction with life). The recession’s impact on personal experiences and perceptions is not yet over, and many indicators have even worsened in the most recent years.”

Those countries most affected by the recession have seen a steady deterioration in the situation of families, mostly from job losses, underemployment and cuts to public services.”

The median income in households with children has decreased in almost half of the countries with available data. The number of families stating that their situation is ‘very difficult’ has risen in most countries. Having a child or children in a household increases the risk of ‘working poverty’ (working, but below the poverty line) from 7 per cent to 11 per cent.”

Inability to cope with unexpected financial expenses has increased by almost 60 per cent, on average, in households with children in the 12 most affected countries.”

Children by the millions were immediately and directly affected by the recession (more than other vulnerable groups, such as the elderly), and many will suffer the consequences for life. And the impact certainly has not been spread evenly across all children in all countries.”

Those worst affected are countries that were most exposed to the recession and young age groups (15–19 and 20–24). Such impacts magnify the disadvantages of persistent poverty and reduce educational and professional achievement potential. Failure to respond boldly may have long-term negative implications for societies.”

It may be years before many households get back to pre-recession levels of well-being. High unemployment and fiscal restraint will remain the norm for the foreseeable future in many countries.”

Europe:

The recession has hit young people extremely hard, with the NEET rate rising dramatically in many countries. In the EU, 7.5 million young people (almost the population of Switzerland) were NEET in 2013 – nearly a million more than in 2008.”

Since 2008, the percentage of households with children that are unable to afford meat, chicken or fish every second day has more than doubled in Estonia, Greece and Italy.”

Some 1.6 million more children were living in severe material deprivation in 2012 (11.1 million) than in 2008 (9.5 million) in 30 European countries. The longer these children remain trapped in the cycle of poverty, the harder it will be for them to escape.”

... years of potential progress have been lost in the recession. In Greece, families with children lost the equivalent of 14 years of income progress. Ireland, Luxembourg and Spain lost 10 years; Iceland lost 9, and Italy, Hungary and Portugal lost 8. The situation is probably worse for children in families at the lowest income levels.”

Spain:

The number of people living in poverty in Spain has risen by 4.4 million since the country was battered by an economic crisis to reach 11.7 million, or one in four, a leading Catholic charity said Tuesday.”

The proportion of people living in social exclusion stood at 25.1 percent in mid-2013, up from 16.3 percent in 2007, a year before a decade-long housing bubble collapsed sending the economy into a tailspin, Caritas said in a massive 700-page report.”

Of the 11.7 million people who live in social exclusion, 77.1 percent do not have a job and 61.7 percent struggle to keep a roof over their heads.”

Some half a million Spanish households have no source of income, according to Caritas. The charity said the economic downturn has hit immigrants, especially those from outside the European Union, especially hard. More than half of all foreigners from outside the European Union, 52.6 percent, lived in social exclusion in mid-2013 compared with 20.6 percent of all Spaniards.”

Sources:



Comments

Popular posts from this blog

Oct. 7 Reports Implode: Beheaded Babies, NY Times Scandal, & More

Glenn Greenwald    

Israel’s Descent Into Madness & the Holocaust Comparison

BreakThrough News   Rania Khalek was joined by Tarik Cyril Amar, a historian from Germany and associate professor at Koc University in Istanbul, to discuss Israel’s descent into genocidal fascism. Prof. Amar addresses whether it’s useful to make Holocaust and Nazi comparisons and the real reason behind the West’s unshakeable loyalty attitude when it comes to Israel’s barbarism.   

Zionist and US imperialist criminals are about to grab the natural gas off shore Gaza

globinfo freexchange   As the genocide against Palestinians of Gaza is about to be completed with an act of unprecedented brutality by the Zionists and butcher Netanyahu through the bombardment of about 1.4 million civilians in Rafah, it seems that they have already set their next primary goal. Which, in short, is to grab the natural gas resources off shore Gaza, together with their US imperialist buddies whose contribution to the genocide has been undoubtedly critical.     As already reported , in 2007, Hamas came to power and Israel launched an offensive on Gaza Strip, leaving behind 1,400 dead Palestinians, but taking with it the gas fields. Within a year, Israel announced the discovery of the Leviathan natural gas field, which did include Gaza's riches, valued at 453 billion dollars. But Gazans have been denied around 47 billion dollars in revenue. As for Tel Aviv, it's gunning to become a new hub. At that moment in time, that is 2022, Russian oil and gas were sanctioned.

Neocon Queen Victoria Nuland Ends Her Reign: Exposing a Catastrophic Career

Glenn Greenwald    

Το σκάσιμο της φούσκας Μητσοτάκη με νέα επίσημη χρεοκοπία και οριστικό τέλος της μεταπολίτευσης

του system failure   Τα αποτελέσματα των εκλογών της 25ης Ιουνίου ήταν λίγο-πολύ αναμενόμενα όσον αφορά τις πρώτες θέσεις με βάση και τα αποτελέσματα της πρώτης κάλπης του Μαίου. Αν συμπεριλάβουμε και το ποσοστό της αναμενόμενης αποχής, δεν μας έδωσαν κάποια ιδιαίτερη έκπληξη. Αυτό όμως που φαίνεται να αιφνιδίασε ακόμα και το συστημικό κατεστημένο, είναι η είσοδος των δύο υπερσυντηρητικών, ακροδεξιών κομμάτων Νίκη και Σπαρτιάτες, με το τελευταίο να έχει ξεκάθαρες διασυνδέσεις με τον πρώην Χρυσαυγίτη, Ηλία Κασιδιάρη. Παρά τη μεγάλη νίκη Μητσοτάκη, οι μιντιακοί ινστρούχτορες της καθεστωτικής προπαγάνδας εμφανίστηκαν σε γενικές γραμμές "μουδιασμένοι" και αυτό οφείλεται στο γεγονός ότι το συστημικό κατεστημένο (δηλαδή τα μεγάλα οικονομικά συμφέροντα που ελέγχουν και το σύνολο των μεγάλων ΜΜΕ πανελλαδικής εμβέλειας), πέτυχε μόνο έναν από τους τέσσερις μεγάλους στόχους που είχε θέσει εξ'αρχής. Μιλώντας με ποδοσφαιρικούς όρους, ουσιαστικά έχασε με σκορ 3-1.   Ο μεγάλος στόχος πο

Τυχαία γεγονότα στην τριτοκοσμική μπανανία των Βαλκανίων

failed evolution   1) Συμβαίνει το μεγαλύτερο σιδηροδρομικό δυστύχημα στην ιστορία της χώρας. 2) Γίνεται αστραπιαία επιχείρηση μοντάζ των συνομιλιών του σταθμάρχη από μηχανισμό του καθεστώτος, πριν ακόμα φτάσει στα χέρια των αρχών, προκειμένου να αποδοθεί η τραγωδία αποκλειστικά σε ανθρώπινο λάθος και να βγουν από το κάδρο οι πολιτικές ευθύνες ανώτατων κυβερνητικών αξιωματούχων. 3) Αναπαράγεται το παραποιημένο υλικό αστραπιαία από ναυαρχίδα της καθεστωτικής προπαγάνδας. 4) Τοποθετείται επικεφαλής στην επιτροπή-παρωδία πρωτοπαλίκαρο του καθεστώτος Μητσοτάκη που εργάζονταν παλιά στην ίδια αυτή ναυαρχίδα. 5) Η επιτροπή κλείνει άρον-άρον την υπόθεση αποκλείοντας ουσιώδεις μάρτυρες που είχαν προειδοποιήσει επανειλημμένα τον αρμόδιο υπουργό για τον κίνδυνο μεγάλου δυστυχήματος. Σταματάει έτσι και η όποια σε βάθος διερεύνηση για την τσιμεντοποίηση του χώρου και την απόπειρα συγκάλυψης της τραγωδίας.  

The Shadowy, Intelligence-Linked Group Driving the US Towards War With Iran

"United Against Nuclear Iran does not miss an opportunity to try to bring the United States closer to a military conflict with Iran. And on the other side of the equation, they also have worked very hard to oppose efforts to de-escalate the U.S.-Iran relationship."   by Alan Macleod   Part 7 - A Lesson From History   The history of Iran has been intimately intertwined with the United States since at least 1953 when Washington orchestrated a successful coup against Prime Minister Mohammad Mosaddegh. Mosaddegh had refused U.S. demands to stamp out Communist influences in his country and had nationalized the nation’s oil. The U.S. installed Shah Mohammad Reza Pahlavi as a puppet ruler. An unpopular and authoritarian ruler, the Shah was overthrown in the Revolution of 1979. Since then, it has become a target for regime change, and its nuclear program is something of an obsession in the West. Often orchestrated by UANI officials while they were in government, the U.S. has carried

Israel Carries Out Most Sadistic Massacre, Opens Fire On Gaza Aid Convoy

Richard Medhurst  

How the CIA oversees the Ukraine proxy war on Russia

Geopolitical Economy Report   Several reports in mainstream US media outlets show how the CIA has helped to direct the proxy war against Russia in Ukraine, and played a role in causing the conflict in the first place. Ben Norton examines the evidence.   Related: Confirmed: US imperialists wanted to drag Russia into a war with Ukraine since at least 2019

The real reason behind TikTok ban

Glenn Greenwald /  Richard Medhurst