As I have warned ad nauseum, the problems in Europe are being signicantly underestimated. From CNBC: Spain Jobless Rate up to 20.09 Percent
Spain’s unemployment rate rose
to a 13-year high of 20.09 percent in the second quarter, the government
said Friday, as the job market lagged behind an economy that has barely
managed to break out of . . . → Read More: Spain Reports 20%+ Unemployment, a Structural Problem That May Persist For Some Time
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