Spare a thought for Spain this Christmas

Friday, 21 December, 2012

The much-criticized, scandal-prone BBC Newsnight does a lot to salvage its tattered reputation in this excellent documentary by Paul Mason, the programme’s economics editor. From dictatorship to democracy, from construction boom to cataclysmic bust, the rise and fall of Spain is an epic story of hubris, greed, madness and suffering.

What’s the end game? Read Euro Negative Yield Hits Jobless Spaniard to Munich Fund Manager by Ben Sills and Oliver Suess of Bloomberg.

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