Unicredit to Fire 10,000 as EU Pink Slip Pandemonium Continues
"Hours ago, it was revealed that Deutsche Bank is set to fire some 23,000 people or around a quarter of its workforce."
"UniCredit (CRDI.MI), Italy's biggest bank by assets, is planning to cut around 10,000 jobs, or 7 percent of its workforce, as it seeks to slash costs and boost profits, a source at the bank told Reuters on Monday."
"And there, ladies and gentlemen, is your European recovery - 33,000 pink slips in a single day."
It's going to get a lot worse as the US is determined to DESTROY THE US DOLLAR and will do everything in their power to ensure a speedy demise. Watch for the fight over the debt ceiling to kick into high gear out of the blue as September 30th is deadline to get a spending package signed or else it's "Shut Down Time" once again.
Layer that on top of the current "Shemitah Shaking" and you have the recipe for a Global Monetary Meltdown.
How's that for the start of the "Jubilee Year?"
May the Road you choose be the Right Road.
PS - For those who missed last week's Friday Road Trip you can find it here: