- Unemployment in Europe goes parabolic!
by thetrader, http://www.zerohedge.com/
European unemployment figures continue to look nasty. Charts are exploding to the upside, as unemployment hits 15 year highs. The skyrocketing unemployment, and the fact that the fertility rates are insufficient, are two facts the Bazooka and the LTRO (not even with the LTRO spent on bullfights) can’t take care of.