Isn’t it amazing how fast history moves sometimes? The last time I wrote an article for Eurocritics, unregulated free market capitalism was still popularly considered to be quite a good idea. That was less than two months ago, in a different world; a world in which you’d have been likely to have your sanity questioned had you suggested that George W. Bush’s administration would … [Read more...]
Pain in Spain
Spain has long been Europe’s super-achiever. Over the past few years it’s created more than half of all the new jobs in the European Union. Thanks to the decade-long economic bonanza, per capita incomes now approximate France and Japan. As the world’s ninth largest economy, Spain has been a particular beneficiary of both the global real estate boom in recent years and, … [Read more...]