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These three charts, and soup kitchen line, show Portugal’s EU austerity program success

Original post via Zerohedge

Somehow, with over 33% of young people unemployed, Portugal is held up to be a ‘success story’ for Merkel’s Europe’s grand plan. With their stock market tumbling and bond yields (and spreads) soaring…

20150707_PORTUG_0

Perhaps it’s time to realize nothing is fixed at all… as this image exposes all too clearly…

20150707_PORTUG1_0
Source: @sturdyAlex

No, this is not a line at an Athens ATM; it is a soup kitchen in Porto, Portugal.

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