spain in pain

Folks, spain is in pain. There is little to feel cheerful about when unemployment is 20% and rising. The whole area is a mirror of the eurozone.

Workers are striking against new austerity measures. OK, these are basically a cut in pay. People need more money. Still, politicians steal more from the poor. Things are not looking good in spain.

spain pain

OK now we see that spain's debt down grade fuels europe crisis. In fact, this continue to get worse. This month may was one of the worst ever. Stocks fell 8% on bad news. Much of it was from europe. People, there is much spain pain. This is now the poster boy for bad credit like greece was. It can only go down from here and then some more.