28 February 2010

The Pain in Spain falls Plainly on All

While Greece is getting into the news, it is a serious issue as well for the next pegs up in the European Community's economic pecking order with Portugal, Italy and Spain facing serious problems in the coming days that may lead to further erosion of the economic platform of the EURO.

Spain is at + 20% unemployment. Both individuals and companies are not able to get proper credit to continue to operate. What a mess SPAIN has in front of her. As one friend told me, this is the worse crisis since the Civil War!

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