Bonfire of the Absurdities in News New Format

The Pain in Spain

Spain is Europe’s next economic domino, struggling to cope with big budget deficits, massive unemployment and an angry public. Spain is suffering a hangover from “the mother of all housing booms.” It’s economy is both too big to fail and too big to bail, and therein lies a big problem for Europe and maybe, the world.

This post was last modified on November 10, 2021

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Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (6)

pink Floyd says:

April 24, 2012 at 5:11 am

Can you say "Green Jobs"?
PsychoDad says:

April 23, 2012 at 1:05 pm

Not really news, is it? Spain has been "on the brink" for almost a year now, hasn't it?
ooddballz says:

April 23, 2012 at 11:39 am

I wish some country would just tank the euro, and get it over with.
rs says:

April 23, 2012 at 11:12 am

Geez, don't the European morons know by now that socialism doesn't work? The French may be heading that way once again.
- jukin says:
  
  April 23, 2012 at 1:47 pm
  
  IT WORKS DAMN IT!!!!!
  
  Just haven't found the right person to run things.
Pittsburgh Z says:

April 23, 2012 at 11:06 am

Ahhh, I love the smell of Socialism in the morning.