Economic Crisis, Never Ending...?

"Economic crisis" These are the same words that many hears today. Greece, Portugal, Italy and now Spain- Europe's 3rd largest economy.

When will this end? No idea but they have lots to do. Let me give you some figures. Labor productivity in Spain (real output per worker) only went up 15% between 1990 to 2010- quoted from Fortune 500. However, the costs per worker went up 120%.

Spanish wine exports were focused more on volume rather than value. This is a sector where could assist in the recovery of their economy if properly utilized.

The Politician

Credit Ain't Working, Euro + America

Greece has just been bailed out... again, in order to safeguard the Euro currency and of course saving Greece's ass. What about America? Will it engage into war or countries compromising because it is AMERICA? I find it interesting to be alive at this current moment with the dynamic fluctuations of economies. Any later, the world would be too polluted to live in. If I was born earlier, the world would be too slow and I would be using rocks to communicate.

Anyway, since all my partners in blog are superbly busy, including me of course. All posts will be kept short and straight to the point!

Adios for now~

The Politician.