In other thread someone ask about [...] please tell me exactly how Spain got into the economic mess it currently is in now
Well, here is a little story:
Franco, the last fascist dictator, dead,
Spain began to be a nice place to invest, not only a place for go holidays, sun, beachs, bitches ..... because we forget all the fascist shit of the last goverment and we opened our economy to the capitalism. We had cheap qualified workers, a lot of them (yep, a small country, but each family had at least 3 sons, some of them 7-11!!!! Franco and priests liked this), so companies from others countries came here and opened factories.... with cheap wages of course, I mean, those companies had to pay more to their workers in their countries, so better in Spain. (Don´t you reminds you a little China?)
Workers began to have money, so they began to want two things: houses and cars (no house, no car, you can not marry, yep yep like in China). So a good bussiness began to be..... yeap, the construction!!! A lot of people began to think that the best is invest their money in the construction. Be a Landlord can be niubi, and the price of the houses rose up and up after you bought ..... a fucking good bussiness!!!