9 Reasons Spain Is A Dead Economy Walking

Tuesday, June 15, 2010
By Paul Martin

Michael Snyder
Jun. 15, 2010

Barring an economic bailout of mammoth proportions, the economy of Spain is completely and totally doomed. The socialist government of Spain is drowning in debt, unemployment is running rampant and everywhere you turn there are major economic problems.

So will Spain be the next Greece? No. When the economy of Spain implodes it is going to be a whole lot worse for the world economy.

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