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Which Countries Don’t Have a Minimum Wage?

Which Countries Don’t Have a Minimum Wage? | ApocalypseSurvival | Scoop.it
In a surprising move, President Obama proposed during the State of the Union address to increasing the federal minimum wage to $9 an hour.

Via Seth Dixon
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Seth Dixon's curator insight, February 23, 2013 9:13 PM

This made many people ask the question "how many countries have minimum wages?"  Nearly all countries in the world have a minimum wage or a partial minimum wage. 

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What if Greece quits the euro?

What if Greece quits the euro? | ApocalypseSurvival | Scoop.it
A Greek exit from the euro has become a bomb fizzling at the heart of the eurozone. What could happen if it explodes?

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Kelsey Grill's curator insight, December 3, 2013 3:47 PM

This is really interesting. When I was learning about this I realized that Greece is pretty much screwed no matter what they do. However, if they leave it will hurt more countries than if they just stick to the euro.

Lauren Stahowiak's curator insight, February 27, 5:05 PM

Money controls everything. Because parliament has to make some budget cuts, money must be spent elsewhere. Because of this, Greece leaving the euro could lead to a downward spiral including a sovereign debt crisis, a recession and political backlash. Should Greece keep the euro?

Nathan Chasse's curator insight, March 17, 8:02 AM

This article explains eight possible outcomes of Greece leaving the Euro Zone. None of them favorable for Europe, except maybe the UK which could possibly borrow more cheaply. For the rest of Europe, the results are either increased burdens for the more economically strong EZ nations like Germany, or a domino effect which accelerates the decline of the struggling economies of countries like Italy and Spain.