Why Is Spain Heading for Economic Bankruptcy? - VisualEconomik EN

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[Duck-wcde]

As a portuguese, Im like : "ah!! Take that!"
And then like: "wait a second... We are worse... And our economy is dependent on spain's ability to

[Brownyman]

The best part about being a politician is that the unborn don’t vote.

[SergioFernandez-fhpv]

When is this supposed to happen tho? One year in and prediction couldn’t be more off 🤣

[shjall]

Spain needs to stop employing so many public sector workers that want the “job for life” and don’t actually do much. It’s ridiculous when I have to go to the town hall to complete simple tasks for things that could easily be done online.

[miarma]

I am feom Castellón! LOL
Thank you for showcasing our "airport". A clear case of the corruption era of the early 2000's we had in Spain..

[aleccisco]

Replace Spain with any other country in the world. Cheap cash in the last 15 yrs caused many countries to borrow like there s no tomorrow. But Spain at least is self sufficient in food and its warm climate helps in energy crisis. That’s why I moved from the UK to Spain.

[dee-jay]

Spain (like Greece and Italy) has refused to face up to its systemic problems and votes for populists instead of realists. It's unfortunate but I don't see things changing. Fundamentally, Spain has chosen to invest the little money it does have into its old people, rather than giving the young a chance to thrive. This attitude will slowly strangle the little life the economy has left.
It's a bummer, because with enough political will it could have been avoided.
* Implement a modern and competitive tax system
* Fight corruptions whereever possible
* Invest in the young
* Embrace (controlled) immigration
* Basically copy + paste Estonia

[cris]

Spain isn’t the only country to pretend that it’s problems don’t exist
The whole world is kicking the can down the road

[malcolmfranke]

I would be interested in your take on Britain. The debt seems to be growing significantly, and sterling is collapsing.

[gabris__]

Could you make a similar video about the other countries such as Italy?

[kombatikombait]

I’m living in Spain. Too much public workers that cannot get fired than private employees.

[CarlosGarcia-gswd]

Our banks are solid, in 2022 we grew 5.2%, we have the lowest inflation in the euro zone, the percentage of unemployed at historic lows, the European Commission has approved our pension system, there is social peace, in 2023 we will be the Euro zone economy that will grow the most, ECB dixit, ... we are a disaster

[euroschmau]

I'm in Spain now, everything seems fine, people are happy, cities are bustling and beautiful, and the days are long and bright; I see no mood of impending doom here. Mas sangria por favor! 🇪🇸 🍷

[TheErmio]

Pure sensationalism. Absolutely no understanding of debt capital markets. Debt investors will continue to have confidence in Spain as long as it's able to service its debt. One of the key indicators of investor confidence in Eurozone countries is the spread between that country's 10Y bond and the German one, the spread for Spain is at ~ 110 bps, way below the 500bps it was during the EZ crisis of 2010-2012.

[javier]

Just a quick reminder that after 1 year, Spain has not only collapsed but it is the country with the highest projected growth in Europe :)

[Garcwyn]

Been seen these type of videos since the financial crisis. Even a broken watch is more accurate

[fturatti]

Welcome to XXI: the century where the olds will devour the future of humanity without a single wink of remorse.

[vinm]

Very informative, and just the right balance of in depth detail.
Also, well presented and edited.

[freetheworld]

We're talking Spain here people, a country that had exclusive and unchallenged control of the Americas for three centuries, and yet was bankrupted almost every decade of those centuries despite minting 300 million silver bouillon; so you see bad wealth management is an historical pastime.

[Indrid_cold]

Spain was forced to deindustrialize in favor of Germany and France to be accepted in the EU. So, either pay us or let us hace industry again. Sorry.