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Gawain

Next in Line: Spain

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http://www.independent.co.uk/news/world/europe/spain-the-new-crisis-in-euroland-2002676.html

I'm actually surprised these headlines didn't start showing up sooner, but perhaps this may evolve in a more orderly fashion. I suspect that Spain, while in a serious situation, doesn't have as many of the structural problems that were plaguing Greece.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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when I visited there last summer, the folks I talked to were telling me that the published 20% unemployment rates were about half the local perceived actual. That may be because the unemployed are in the cities, I don't know. But about a third of the people I talked with in bars were unemployed.
--
Rob

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