Ding, ding, ding… 17% unemployment in Spain

Here we go… official measures put unemployment at 17%… that means that real unemployment is far higher…

At this rate, it looks like we may not need to wait till the end of the year to have unemployment exceed 15% in a bunch of countries…

If you’ve just come to my blog and you don’t realize what high unemployment in Western industrialized countries means… read up… we will be herded into a world war… probably within the next three years, certainly within the next five.


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