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Spain going down the gutter
remember that guy on teh forums, where Spain was eutopia? land of endless trackdays and all girls were virgins, lol
anyways it ain't like that any more. http://www.nytimes.com/2012/09/25/wo...oc.semityn.www Spain Recoils as Its Hungry Forage Trash Bins for a Next Meal |
Just give it time...the illusion of wealth in America will be shattered soon enough....and I can give you $16T reasons why that is true.
The path we are on is not sustainable...everyone knows it....and NO ONE is willing to do hard things now to prevent being forced into doing DEVASTATING things (such as those happening in Greece/Spain and soon to be Italy) in the future. |
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http://www.barnesandnoble.com/w/grea...=9780812923278
Read it....it's deja vu all over again. These aren't "other people's problems"....Greece's problems...Spain's problems...Ireland's problems....Italy's problems. They're OUR problems....for again allowing wealth distribution to become too heavily skewed...with entirely predictable results. The REAL shame in all this is that it's happened before....with entirely DISASTROUS consquences (two World Wars etc)...consequences that apparently taught us absolutely NOTHING. |
Spain's issue is that without the ability to control their monetary policy, they cannot effectively control their economy. It doesn't help much that there is an institutionalized nap time in the country.
When it comes to European countries, if you can walk to the beach and dip your foot in the Mediterranean...just expect economic nonsense. |
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Not being racist, but.... Oh wait maybe I am |
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But, from what I can gather, they've cut pay to government workers and cut social services. If they are like some other European countries, and "social services" include paid vacations and old-man-balls low working hours, the "austerity measures" they're seeing wouldn't phase the average American. Like Paul pointed out, a nap-time culture doesn't make for a strong economy to begin with. Then you have this mindset: Quote:
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Spain was never the exception...Neither is America. How about this shit... http://www.nytimes.com/2012/09/26/wo...-in-spain.html What do you think happens if thousands of Americans surround the white house? |
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