Tuesday, October 4, 2016

Unemployment rate in France is likely about to take off

Mish mocks a promise made by French lead con man Hollande to not run again unless unemployment is below 10%.  In that post, Mish provides a chart which includes the French unemployment rate in cyan below.  I've applied a fairly obvious wave count to it and as you can see by the red chart extensions, the French unemployment rate is likely to begin picking up speed rapidly into 2017.  France will not likely be entering a 3rd wave up alone.