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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (753382)	11/18/2013 12:32:58 PM
From: tejek	Respond to of 1583682

As she sat in her apartment, she discussed her situation with two colleagues from the store, both from Spain. All three were angry at what they saw as chronic mismanagement of the Spanish economy by their nation’s leaders. With Spain adhering to austerity policies prescribed by its international creditors and Germany, they said, conditions had deteriorated so badly that they saw no light at the end of the tunnel. Its a sad story. With Greece, it can be said the Greeks screwed themselves..........very short work weeks/early pensions; with the Italians, they are crazy when it comes to running their economy but with the Spaniards, it was their private banks that screwed up badly.........just like with the US......and not their gov't. Spain's public debt was well within very reasonable levels. But the banks spiraled out of control and crashed the economy and then the Merkels and MMs of Europe demanded that Spain go on an austerity budget and the rest is history. I don't know if you ever gone to Spain but they are a great people...........they work hard and play hard, and it makes me very sad to see them in this mess............very sad. Here's a flash mob done in a Madrid unemployment office: youtube.com! Very typical of the spirit of the Madrileños and their efforts to make a bad situation better!