If you think it's hard to get a foot on the career ladder here in Blighty, spare a thought for your Spanish and Greek cousins. Under 25's in the EU's most under-performing economies now face over 50% unemployment. Have a look at this graph, that "ZeroHedge" have dubbed "Europe's scariest chart":do a 'google images' search) made London and New York look like a gathering of the Rupert Murdoch fan club.
What did they get so wrong? Have they even admitted they got it wrong? And most of all, how bad will they let things get for young people before they realise they are wrong? This will be a long running theme here. How many young peoples' futures will needlessly be sacrificed on the baby boomers' alters of pride, greed and stupidity. What will it take before they admit they were wrong, are still wrong and are headed in entirely the wrong direction?