Editor’s note: The Millennials are a generation that are constantly plugged in and moving fast to make their mark on the world. CNN’s Quest Means Business is tracking four of them. Here, CNN contributor and Millennial David Lloyd, with Jos van der Bij, a Dutch student doing an internship in London, write on the risks of mass unemployment.
(CNN) – Youth unemployment in the 1930s destabilized Germany and radicalized a resentful youth, propelling support for extremist parties.
The consequences are well known. Now, with European unemployment rising, we should be drawing on lessons from the past. It is nothing short of a tragedy that youth unemployment in both Greece and Spain has surged above the 50% mark.
To prevent a generation of young people being unable to find jobs and set themselves up with a secure future, it is essential to act now. The policy maker who does not heed the lessons of history is guilty of negligence on a massive scale.
Just like in the 1930s, when the Great Depression caused youth unemployment to hit the 50% levels in Germany, the current financial crisis is wreaking havoc on young people.
Editor’s note: The Millennials are a generation that are constantly plugged in and moving fast to make their mark on the world. CNN’s Quest Means Business is tracking four of them. Here, CNN contributor and Millennial David Lloyd – who in this week's episode is in the running for an innovation award - asks if foreign entrepreneurs are friend or foe.
(CNN) – There is a new talent war and it is global. But the battle to attract foreign entrepreneurs has put the differences between some countries under the microscope.
In the U.S., PayPal founder Peter Thiel is backing the construction of a ship which will host foreign entrepreneurs off California’s coast. This will keep them beyond the reach of America’s draconian immigration stance towards foreign wealth-creators.
Editor’s note: The Millennials are a generation that are constantly plugged in and moving fast to make their mark on the world. CNN’s Quest Means Business is tracking four of them. In this episode, Joe Braidwood and his company, Swift Key, head to Barcelona for the 2012 Global Mobile Awards 2012 while David Lloyd, CNN contributor, writes on the attraction of Colombia from the Summit of the Americas. Follow The Millennials to find out how Lloyd's company, Intern Latin America, was recognized at the summit.
(CNN) – Buying real estate in Colombia is not the sort of thing that your local bank branch manager is likely to recommend. But to me it is a sensible, even prudent, macro-bet on a country which is the next star of Latin America.
Colombia now takes its place alongside an Asian tiger like Indonesia and the future giant of South Africa in the CIVETS group of rapidly growing emerging markets. It is the new darling of “smart money” which views it as the hidden gem of Latin America. Although it continues to suffer from out-of-date negative perceptions, its attractiveness is coming onto both the tourist and investor’s radars.
The negative perceptions that persist present opportunities. In Colombia’s modern and industrious second city, Medellin (where Hewlett Packard has just located its entire Latin American Headquarters), prime property is found for under $750 per square meter, with rental yields in excess of 10% commonplace. There are very few places in the world with statistics like this that share Colombia’s potential. I have just made a macro-bet on Colombia via a real estate purchase.
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