No. 403: Labor Data, Consumer Confidence, M3, Systemic-Solvency and Euro Crises
• There Is No Sudden Economic Recovery, Just Bad-Quality Numbers and Deteriorating Labor Conditions
• Latest Jobs Level Still Well Below Pre-2007 and Pre-2001 Recession Levels
• November Unemployment: 8.6% (U.3), 15.6% (U.6), 22.6% (SGS)
• Money Supply M3 Annual Growth at 2.7% in November
• Potential Euro Disintegration Is Nothing Like the Looming Dollar Collapse
• Latest Jobs Level Still Well Below Pre-2007 and Pre-2001 Recession Levels
• November Unemployment: 8.6% (U.3), 15.6% (U.6), 22.6% (SGS)
• Money Supply M3 Annual Growth at 2.7% in November
• Potential Euro Disintegration Is Nothing Like the Looming Dollar Collapse
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