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(CNBC)   Remember the Asian financial crisis from the 1990s? It's worse than that in Spain   (cnbc.com) divider line 17
    More: Scary, Asian financial crisis, Asians, Spain, Spanish Banks, Mad Money, Nomura, spanish government, Larry Kudlow  
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1997 clicks; posted to Business » on 04 Sep 2012 at 12:54 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



17 Comments   (+0 »)
   
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2012-09-04 01:12:37 PM
Welp, mierda.
 
2012-09-04 01:12:49 PM
Is the rain still staying mostly in the plain?
 
2012-09-04 01:19:34 PM
No. And I was alive in the 90s.
 
2012-09-04 01:25:35 PM
No, I was born in 1983 too.
 
2012-09-04 01:34:07 PM
The pain in Spain falls mostly on the lame.
 
2012-09-04 02:27:32 PM
Kind of a strange comparison since the causes for each situation are totally different.

Not just capital leaving Spain... the jobs are gone too.

Under-25 Youth Unemployment Rates
 
2012-09-04 03:20:58 PM

CognaciousThunk: Not just capital leaving Spain... the jobs are gone too.

Under-25 Youth Unemployment Rates


As opposed to over-25 youth unemployment rates?
 
2012-09-04 03:51:27 PM

apaster16: For those who dont remember....


From the Amazon description:
"As the name implies the Asian Financial Crisis happened in Asia..."

Thank heavens they cleared that up.
 
2012-09-04 04:24:39 PM

KickahaOta: CognaciousThunk: Not just capital leaving Spain... the jobs are gone too.

Under-25 Youth Unemployment Rates

As opposed to over-25 youth unemployment rates?


hey, wasn't my headline. Just cuttin n pastin. Guess it distinguishes it from the quasi-pedobear unemployment rates, for those who are that picky about it.

The original article still makes little sense. Spain's problems are more comparable to those of the US, including the popping of a huge real estate bubble. Asia went bad largely due to currency revaluations.
 
2012-09-04 05:35:20 PM

AcneVulgaris: The pain in Spain falls mostly on the lame.


That's terrible. Does anyone expect some sort of, say, inquisition?
 
2012-09-04 05:48:25 PM

WordsnCollision: AcneVulgaris: The pain in Spain falls mostly on the lame.

That's terrible. Does anyone expect some sort of, say, inquisition?


Kinda reminds me of the Minnesota Inguisition.

"So, whatcha got going on there?"
 
2012-09-04 06:02:54 PM
Sounds like Spain is going to have a dictatorship again and maybe ETA achieves its goals for Basque independence.
 
2012-09-04 07:34:21 PM

KickahaOta: CognaciousThunk: Not just capital leaving Spain... the jobs are gone too.

Under-25 Youth Unemployment Rates

As opposed to over-25 youth unemployment rates?


www.marshotelonline.com

/Working, but eats humble pie.
 
2012-09-04 07:46:52 PM

CognaciousThunk: Kind of a strange comparison since the causes for each situation are totally different.

Not just capital leaving Spain... the jobs are gone too.

Under-25 Youth Unemployment Rates


Half is a big number.
 
2012-09-04 08:25:39 PM
Friedman strikes again?
 
2012-09-05 07:12:21 AM

CognaciousThunk: Kind of a strange comparison since the causes for each situation are totally different.

Not just capital leaving Spain... the jobs are gone too.

Under-25 Youth Unemployment Rates


This has to be making businesses shiat themselves. It's really hard to push the 'lower taxes on us because we'll create more jobs' when you have a new generation that no longer knows financial security. At best they'll be incredibly cynical about anything said by anybody employed by a corporation, and at worst we'll see a complete downfall of capitalism as a whole as an easily-rigged system designed to fleece the 99%. No wonder Citizens United passed in the States: corporations are going to have to buy their way out of this if that's even possible.

Either way, expect the American Dream mentality of capitalism to take a few hits in the next decade. It will not be pretty.
 
2012-09-05 04:52:15 PM

WordsnCollision: AcneVulgaris: The pain in Spain falls mostly on the lame.

That's terrible. Does anyone expect some sort of, say, inquisition?


Wall Street

/ I know, never going to happen.

/ But it would be nice to see some racketeers stretched out on a rack.
 
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