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Via translation from La Vanguardia, please consider Bank Defaults Hit Record 13% in November . Delinquency ratio of banks, savings banks, cooperatives and credit institutions operating in Spain rose again in November to 13.08%, a level not seen since the data began to be collected, over 50 years
Retirement Sunset Math: Number of Employed vs. Population Over Time Posted by Michael Shedlock at 1:43 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.
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Those expecting an uptick in Greek GDP received some sobering news this past week. Macropolis reports Unemployment hit new high of 27.8 pct in October, set to rise further . According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 percent from an upwards revised 27.7 percent in the month of September
Visit link: Deflationary Anecdotes From the Front Line; Simple Advice for Businesses
Read More: Thailand: Regime Power Grab Runs into Judicial Brick Wall
Household and Non-Financial Credit in Spain Sink, Government Debt Expands; No Recovery in Sight Posted by Michael Shedlock at 1:04 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).
More here: Fund Flow Records Smashed: Equity Funds Get Record $352 Billion Inflow, Bond Funds Lose Record $86 Billion
View the original here: Gold Flash Crash – Manipulation or Something Else?
Links Thailand: Civil War is Impossible But terrorism dressed as "civil war" likely. Vigilance and swift, decisive action against regime’s leadership can stop it. January 4, 2014  (Tony Cartalucci) – The embattled regime of Thailand’s Thaksin Shinawatra and his substantial Western backers  are attempting to hold peace, stability, and the nation’s future hostage in order to extort from Thailand the perpetuation of their current grip on power