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Spain is a failing country. Their economy is in shambles and the government has ceded internet control to a private corporation who runs football games.
by richwater 6mo ago
Spain is a failing country. Their economy is in shambles and the government has ceded internet control to a private corporation who runs football games.
- gruez 6mo ago>Their economy is in shambles But it's among the fastest growing in the EU? Granted, part of this is starting from a low base, but it's hardly "in shambles" https://data.worldbank.org/indicator/NY.GDP.PCAP.KD.ZG?locations=EU&most_recent_value_desc=true https://data.worldbank.org/indicator/NY.GDP.PCAP.KD.ZG?locat...
- nslsm 6mo agoThey are doing this by artificially inflating the numbers, destroying the country forever: https://i.imgur.com/0MAeFaF.jpg https://i.imgur.com/0MAeFaF.jpg
- gruez 6mo ago>total population change in EU countries The figures I cited are for GDP per capita, which accounts for population growth. Moreover immigration should have the opposite effect of depressing per-capita GDP, because immigrants typically take lower skilled jobs, dragging overall productivity down. So if anything, the figures are artificially depressed, not inflated.
- hunterpayne 6mo agoYou should read down that table a bit. Sure the Spanish economy had higher growth rates the last couple of years. The way they managed to have a higher rate was to have the economy shrink by 8% in 2023. So according to my math, the estimated size of the Spanish economy in 2026 is about the same as the 2023 Spanish economy (within 1%). Hard to claim that as a win. Technically you can say that they have been in a depression for the last 4 years and counting as their functional growth rate (accounting for inflation of the Euro) is negative over that period (down about 10% inflation adjusted).
- gruez 6mo ago> So according to my math, the estimated size of the Spanish economy in 2026 is about the same as the 2023 Spanish economy (within 1%). Hard to claim that as a win. That conclusion does not seem to check out just by eyeballing the charts. https://data.worldbank.org/indicator/NY.GDP.PCAP.KD?locations=EU-ES&most_recent_value_desc=true https://data.worldbank.org/indicator/NY.GDP.PCAP.KD?location... It shows a divergence from the EU back in the 2010s, but afterwards is recovering at the same pace or even faster than the EU. Could be better, but not "in shambles" either.
- estebank 6mo agoTo note that this isn't the executive or legislative but the judiciary doing the bidding.
- embedding-shape 6mo agoSpain isn't a perfect country, I don't think any is. But the economy isn't in shambles, only someone who doesn't know what they're talking about would say anything like that. It does suck that La Liga can wield so much power, agree, but this is not related to the economy at all...
- hunterpayne 6mo agoSorry, but this isn't true. The Spanish economy shrank by 8% in 2023. So all those gains in the last couple of years are just catching up to 2023 and not actual growth. Add in inflation and the average Spaniard has lost 10% of their income over that period (2023-now). The median citizen losing 10% of their income in real economic terms does qualify for the vaunted "shambles" title.
- embedding-shape 6mo agoTalk about being wildly wrong, where are you getting any of that from? > The Spanish economy shrank by 8% in 2023 The Spanish economy grew by 2.5% in 2023 - https://www.idealista.com/en/news/financial-advice-in-spain/2024/02/27/175242-in-2023-spains-gdp-grew-more-than-expected-by-2-5-heres-how-it-has-evolved https://www.idealista.com/en/news/financial-advice-in-spain/... > So all those gains in the last couple of years are just catching up to 2023 Since there was no drop, there was no "catching up". 3.2% growth in 2024 (https://www.caixabankresearch.com/en/economics-markets/recent-developments/spanish-economy-ended-2024-strong-note-and-faces-2025 https://www.caixabankresearch.com/en/economics-markets/recen...) and estimated 2.8% in 2025 (https://tradingeconomics.com/spain/full-year-gdp-growth https://tradingeconomics.com/spain/full-year-gdp-growth) > Add in inflation and the average Spaniard has lost 10% of their income over that period (2023-now). You're right that there was high inflation in 2022-2023 (like everywhere in Europe). However, wages grew and even outpaced inflation in 2024 (https://santandertrade.com/en/portal/analyse-markets/spain/economic-political-outline https://santandertrade.com/en/portal/analyse-markets/spain/e...), real incomes did not collapse by 10% over 2023–2025. Another fun fact, employment has been growing strongly, unemployment has been falling. > The median citizen losing 10% of their income in real economic terms does qualify for the vaunted "shambles" title. Not really, Spain is "outperforming peers" (https://www.euronews.com/business/2025/03/26/the-spanish-economy-grew-32-in-2024-why-is-it-outperforming-peers https://www.euronews.com/business/2025/03/26/the-spanish-eco...) and is currently outperforming major EU economies like Germany and France. Before trying to respond with some more outrageously incorrect claims, please learn to provide any sort of source before embarrassing yourself further.
- chrz 6mo agoAre you spanish and never went to another country? I only heard such things from never-stop complaining locals that never traveled anywhere. Yeah La Liga is a religion here, but Spain is one of the worlds top of life quality mate
- schnitzelstoat 6mo agoThe salaries and unemployment are pretty awful though. As are the working conditions in many jobs (jornada partida, paying less than legally required into social security etc.) I think most people care more about these things than the GDP statistics tbh.
- fabianmg 6mo agoYou most likely are arguing with a right winger from Spain. They compare the president with a dictator in their right wing media, and they basically talk about Spain like is Venezuela at every opportunity.