Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Tuesday, 13 November 2012

Carpe Diem Spain

Logic, economics and poverty be damned! In Mariano Rayoy the Spanish elected the only man in the country too stubborn to blink. What nobody knows, because he won’t speak, is whether he is a Machiavellian genius or a weakling too indecisive to act. Everyone suspects the latter. Either way, his fate is sealed now. He is either the man who faced down the Germans or the mouse that ruined Spain forever.

 
Despite the headlines Spain is still standing. Bloodied and maybe with a bit more sympathy for its fighting bulls than before la crisis, but standing nonetheless. While the troika mutters away on the sidelines it knows that Spain cannot fall. It is the wonky pillar that props up the euro.