Published on Zero Hedge (http://www.zerohedge.com)

You Call This A "Union"?

By Tyler Durden

Created 06/19/2012 - 10:37

[1]

Submitted by Tyler Durden [1] on 06/19/2012 10:37 -0500

Germany [2]
Michael Cembalest [3]
Unemployment [4]

As Michael Cembalest of JPMorgan notes, Spanish unemployment is 24% despite the highest levels of labor shortages in Germany in 25 years - what kind of monetary union is this?

[5]

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Germany
Michael Cembalest
Unemployment

Source URL: http://www.zerohedge.com/news/you-call-union

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/8300
[3] http://www.zerohedge.com/taxonomy_vtn/term/8594
[4] http://www.zerohedge.com/taxonomy_vtn/term/10938
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/06/20120619_dsunion.png