The Economy of Spain | Economics Explained

Spain – a great place to vacation? Yes. A great place to invest? Not so fast.
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[EconomicsExplained]

Special thanks to Trends for making this episode possible.

[HarshJain-itbg]

This man single handedly rescues the entire stock footage industry.

[lastempire]

The sceneries in Spain are truly breathtaking...

[mezzasegolas]

Is it just me, or he forgot to put Spain on the international leaderboard? I am particularly curious about that, I have been living in Madrid for the past 4 years, and I totally agree with the his analysis, though I have also seen massive foreign investments over the past 20 months or so, especially in IT, and on the other hand the government struggling to keep public hospitals and centros de salud open

[yinzheliu]

The engineering education in spanish university is quite good(hard), as ppl tends to take 5, 6 or even more years to get a bachelor degree. If you graduate from UPM, UPC, UPV or any other university with any engineering major, then you will get a solid base for your job. The biggest question is that the compensation for your hard working in uni doesn't exist. The employment rate is so low that you can not find a job where your skill would be valued. That's the reason why so many spanish engineer move to other country.

[georgiogorge]

"A huge waste of time at best; or a huge waste of money at worst." Definitely sounds like an economist. :)

[DebacleWhimsical]

Sooo many many middle-class and lower-class people have been struggling for sooo many years in spain. It's hard to see from all those gorgeous aerial drone shots.

[RW.Dragon]

Even tho the pandemic hit Spain pretty hard, I think the future will be very kind to this Kingdom, it has everything going for it, it just needs time, I wish it well.

[KhalerJex]

"This is Pain"

Every Spaniard: "Exactly."

[ricktrickshots]

Please continue this series for every country.

[rayititoman]

Spaniard here. I'd like to point out that apart from political instability (possible Catalonia secession) you have not covered that we have one of the eldest populations in the world. Many young people during the 2008 crisis moved to other countries for employment (such as myself to Australia). Many of them have not come back and I feel that after this Covid crisis many young ones will migrate again.

[DonesdeMotivacion]

“Spain should probably be the strongest nation on Earth, always destroying itself and coming back”
Von Bismark

Spain and Portugal have beautiful places, absolutely.

[Quickonomics]

EE: "I don't feel like talking about another impending crisis, this week."

Also EE: _Makes a video about Spain_

[priyanks]

I share your videos with my kid brother who's just taking up economics in 11th standard. And he's already in love with it !
Thanks alot for unknowingly inspiring so many !

[MarioAlcarazMoreno]

We're not that bad either; Spain is the 12th richest country in the world with respect to its economic wealth, its citizens are the 13 richest in the world (median net wealth per inhabitant, 2018) surpassing the US and Germany and having reached 3rd in early century, more development (HDI) than France, exports more than England (395 B € vs 397 B $), with the 18th largest army (2021), has the 7 best infrastructure system and the lowest emigration in Europe, being the 10th with more immigration in the world, all with one of the best quality of life in the world

[kalleguld]

15:16 that graph is pretty misleading. One of the vertical axies starts from 0, the other doesn't. At first glance it looks like the money supply of both currencies increased by about the same factor. But the USD has more than quadripled, while the EUR is a bit more than doubled.

[gllphoto]

One of the biggest handicaps of Spain´s economy is "chorizos"; not the delicious meaty ones that you eat but the ones in the congress and the government.

[sebastiankirby]

Start of the video: “I don’t feel like talking about a crisis” end of video: “so basically, everyone in Spain is fucked”

[MATTY]

Love visiting Spain and hope see it again when pandemic ends.
The next fews years are going to continue being terbutaline for a lot of countries but I do see Spain coming out of it. I am more worried about Italy being the next country in the Eurozone to have a major financial crisis.