Spain Joblessness Breaches 25%

[tailfins]

http://www.bloomberg.com/news/2012-10-26/spain-joblessness-breaches-25-adding-to-rescue-pressure.html

[fj1200]

It's unfortunate that no one recognizes that government led recoveries never really materialize.

[mundame]

25% is the percentage out of work here during the Great Depression.

So they've got a situation.