The Economist has
produced a decent overview of the unemployment situation in Spain. It
makes the point that the Spanish - like the Italians (and, indeed,
the Iranians) - "have a long tradition of keeping up
appearances" which is why "you don't see it on the
streets". More here.
For a rather more
acerbic take on unemployment here, see this incisive article from Don
Quinones, who stresses: "It’s only a matter of time before
complacency in Europe turns to fear, and fear to panic." At this
point, DQ says, "the sturdiness of Rajoy’s economic miracle
and the health of the country’s bailed-out, reorganized, and
recapitalized (ha!) banking sector will be truly tested. One fears
that both will be found extremely wanting."
The worst unemployment
in Spain - and, indeed, in Europe - is down in Andalucia. Not that
you'd know it. The end of April sees a huge fiesta down there, where
some of them, at least party, as if there really is a tomorrow - "a
week-long celebration with flamenco dancing, bullfighting and
horse-drawn carriage rides through the streets". More here.
Finally . . . This
morning I read a page or two of the autobiography of one of the
Rolling Stones, where their first record - 'C'mon' - was mentioned.
Then, in a bar at lunchtime, this came on the TV. A coincidence? I
think not.
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