The Humour Of The Spanish Protests
Extracted Page: http://www.squidoo.com/the-humour-of-the-spanish-protestsThe Humour Of The Spanish Protests
The causes for the riots in the streets are fairly obvious. The introduction of the EURO led to a massive increase in pricing on all goods and properties in Spain. A situation which was never resolved as the Spanish economy simply never matched the economic strength needed to justify the valuation of the EURO and the drop in purchasing power was never equaled by wage hikes. The drop in actual wages was tolerated during the boom years in Spanish economy as jobs were plenty and at least the future looked bright. That all came to an abrupt end in 2007
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