Superpower to super-broke: Spain's riches to rags story
With job creation set to return only after two years, Spain is looking down at the barrel. Two attributes can lead Spain out of the deep tunnel it has dug for itself and could be buried in it - leadership and innovation - the very traits that powered Spain - the discoverer of the world in the 15th century and a trader par excellence. Meanwhile, it must first prepare to withstand a contracting economy in the near-term and personal hardship, before it again sees the glint of gold.
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