Made in Germany | Spain: Widespread unemployment | Deutsche Welle

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Uploaded by on Feb 24, 2010

For years, Spain was flourishing, creating more jobs that any other country in the European Union. But when the property market crashed, it took the economy down with it. The result is that Spain is now slashing more jobs than almost any other country.

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  • Spain is no longer a place where British people choose to spend a summer holiday. We can get a 5 star hotel in Turkey much much cheaper. No British person in their right mind would buy a house or apartment in Spain these days.

    Adios amigos :)

  • At 3.44 she says that people are exagerating the crisis? She is doing a business degree and she thinks the economy will get better? If that is her assessment, then she will never be successful in her career! The economy is not just a crisis it is a fully fledge world depression and it is going to get even worse taking us to WW3! She is one of those people who do not understand like so many dumb Americans, that the world, the governemnts are controlled by financiers who are fucking us to death!

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  • sure,sure,any time you get into trouble,just blame germay,england,U.S.A..how 'bout the Aztecs.did they cause spain's woes economic too?Spain's problems are not the fault of Germany.this is the end result of years of European scocialism,and the scocialist wealth re-distribution mentality.why even bother producing anything if I can just hang out in the coffee shop and live off the sweat of other's.besides,I thought spain had it all solved with these new 'GREEN TECH JOBS'that Obama talks about?lol!

  • This is karma for sending the conquistadors to the new world and decimating the natives...poetic justice...

  • Must be nice to be sitting in a coffee shop while living off your mommy. Maybe Marc should apply for a job at the coffee shop--seems to be busy enough. Should have been a doctor.

  • Germany is still the no.1 economy in europe, followed by France & then the U.K.

  • With the advance of machines and technology, we all need less humans to work. The WTO has unilaterally favoured low labour cost countries like China & Asia for manufacturing, this enterpreneuial, capitalist intervention kill the West. Like Australia I am living, there is only a few heavy industry manufacturing left. This breeds devastating effect through all levels from industrial to finance to housing. To be cynical, one can say the West in partic. USA breeds its own disaster with 0 tariff.

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