3 ms·
What you are saying about things being under the carpet, I totally agree with you. While living near Andalucia it was evident there was a huge social and struc
by kokey 14y ago
What you are saying about things being under the carpet, I totally agree with you. While living near Andalucia it was evident there was a huge social and structural problems that was not financially sustainable, but yet things on the surface appeared to work out.
Perhaps a good side effect of how unemployment benefits work there is that people become willing to gear down their salary expectations. You have a long period of living off the dole where you reduce your spending, and by the time that runs out you are probably more willing to work for less. I thought I would never say this, but this might be what saves Spain and the Eurozone by allowing Spain to become more competitive without inflation.