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We're talking about Spain. They recently emerged from a gruelling recession, their shadow economy makes up an estimated 20% of real GDP, and competition ran the
by peterwwillis 7y ago
We're talking about Spain. They recently emerged from a gruelling recession, their shadow economy makes up an estimated 20% of real GDP, and competition ran their profits into the ground. Even if small businesses have the cash, there's no incentive for them to spend it, and they're probably still in hoarding-cash mode.
- anthk 7y agoThis is Spain. No matter what, bars are always full here, and there is over 8 bars per streets at avarage. Also, Soccer is the true religion here, not Christianity. Add Soccer and bars and you get basically what truly the average Spaniard does love from the Pyrenees to the Gibraltar Strait.