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Spain’s seasonally adjusted unemployment rate is 26.6% according to Eurostat data as mapped by Google. The BBC reports Youth unemployment is a record 55% . Deficit Targets Missed Again and Again Spain was supposed to reduce its deficit to 6.3% by the end of 2012.
December 20, 2012 : France Faces Growing Pension Deficit; French Youth Lose Hope; Politicians in Denial; Bond Market Patience Can’t Last Illusion of Eurozone Stabilization There is no real stabilization and there is no healing.
View original post here: Boehner Opposes Delay in Spending Cuts Without Reforms; House Passes Bill Requiring Balanced Budget Plan From…
Originally posted here: Robot Wars in China; Burger Flipping Robots Serve 360 Gourmet Burgers an Hour
Rajoy Further Implicated in Scandal; Support Drops to 23.9% in Record Plunge Posted by Michael Shedlock at 8:24 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)
Original post: Extreme Sentiment: Barron’s Cover "Get Ready for Record Dow – We Told You So"; Top Call
More: Obamacare in Action: Retail Workweek Hits 3-Year Low
View post: French Retail Sales Drop 10th Month Accompanied by Sharper Drop in Employment; Italy Retail Sales Drop 23rd Month;…
View post: French Retail Sales Drop 10th Month Accompanied by Sharper Drop in Employment; Italy Retail Sales Drop 23rd Month;…