The Economy of Spain: World's Greatest Bubble?

Share this & earn $10
AltSimplified
Published at : 26 Jan 2021
221151 views
4387
146

The Spanish Economy is one of extremes. At one point a focus of the Eurozone Crisis, at another the largest contributor of growth, and more recently, suffering the greatest economic hit of any Advanced Economy in 2020.

Spain’s Economic problems are often confused. In the years leading up to the Great Recession it posted consistent budget surpluses.
However, a huge real estate bubble was lying in wait.

The question... is why?
Why did Spain go from a seemingly safe level of debt to one larger than its Economy?
How was the housing bubble encouraged?
And since then, has Spain’s Economy ever truly recovered? Or in what ways?

#Spain #SpanishEconomy #Economics

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Enjoyed the video?
Subscribe here: https://www.youtube.com/channel/UCLiRGHCMGB14Pw0yEqLM2fQ?sub_confirmation=1

Follow AltSimplified on Social media:
Facebook: https://www.facebook.com/Altsimplified/
Twitter: https://twitter.com/altsimplified
Quora: https://www.quora.com/q/economicsaltsimplified
Discord: https://discord.io/altsimplified
Other Discord Link: https://discord.gg/gTzEznrmeY

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
"Bedtime Reading" Reference: https://www.europarl.europa.eu/RegData/etudes/divers/join/2009/416206/IPOL-ECON_DV%282009%29416206_EN.pdf

Please note that end fiscal stimulus for 2009 differed from the projection, sorry for any confusion! 👍

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
📕Recommended Reading:
Many have asked what we'd recommend to start reading, so check out the links below. They are affiliate links, but come at no extra cost to the viewer, you'd just be supporting the Channel if you used them.

📘"How Asia Works: Success and Failure": https://geni.us/HowAsiaWorks
📘"The Ascent of Money: A financial History of the world": https://geni.us/TheAscentOfMoney
📘"Debt: The First 5000 years": https://geni.us/DebtTheFirst500Years
🎙The mic we use to record: https://geni.us/MicWeUse
Spanish economyspain economyspains economy

MOMENTUM 12.6 | THE GIFT EXCHANGE (THE EXPECTED FOR THE UNEXPECTED)

MOMENTUM 12.6 | THE GIFT EXCHANGE (THE EXPECTED FOR THE UNEXPECTED)

'S H O R E S' | A Synthwave Mix

'S H O R E S' | A Synthwave Mix

Various types of cough

Various types of cough

Traditional Chinese Bamboo Shoot Preservation (drying)

Traditional Chinese Bamboo Shoot Preservation (drying)

Meterstick Jim - The Sims 3: The funniest patch notes

Meterstick Jim - The Sims 3: The funniest patch notes

Billie Eilish - come out and play (Audio)

Billie Eilish - come out and play (Audio)

Wanna Be a Contestant on Ellen's Show? Which Kind Would You Be?

Wanna Be a Contestant on Ellen's Show? Which Kind Would You Be?

1:11 Portal Activation - A Message for the Collective - Tarot Reading

1:11 Portal Activation - A Message for the Collective - Tarot Reading

a colourful + aesthetic ASOS haul 🌈

a colourful + aesthetic ASOS haul 🌈

Ancient Megaliths So Puzzling Their Precision, Origin and Meaning Are Still Unknown

Ancient Megaliths So Puzzling Their Precision, Origin and Meaning Are Still Unknown

A Better Approach to Studying for Radiology

A Better Approach to Studying for Radiology

Allowing Is What We Are, Not What We Do

Allowing Is What We Are, Not What We Do

The Screen the Neo Geo Pocket Color Always Needed!

The Screen the Neo Geo Pocket Color Always Needed!

Christmas Tree Blast Prank with Scary Teacher 3D | Gameplay 2

Christmas Tree Blast Prank with Scary Teacher 3D | Gameplay 2

Exclusive Interview with Michael Kors

Exclusive Interview with Michael Kors

LL STYLISH | ZED VS YONE! THE DEATHMARK CLASH

LL STYLISH | ZED VS YONE! THE DEATHMARK CLASH

【手機教學】如何在iPhone手機上下載影片(Documents)#5

【手機教學】如何在iPhone手機上下載影片(Documents)#5

water wheel generator

water wheel generator

Skype Gives $50K to a Deserving Classroom

Skype Gives $50K to a Deserving Classroom

Building a Router Table -  Shop Cabinet - THE MOST ULTIMATE OF THEM ALL!! - Woodworking

Building a Router Table - Shop Cabinet - THE MOST ULTIMATE OF THEM ALL!! - Woodworking

Ray Charles , Mess Around Scene

Ray Charles , Mess Around Scene

How to use a CREDIT Card like the Rich & Smart *Warning* this is not for everyone.

How to use a CREDIT Card like the Rich & Smart *Warning* this is not for everyone.

How do you ward off an evil spirit? Healing and Deliverance You Can Do for Yourself!

How do you ward off an evil spirit? Healing and Deliverance You Can Do for Yourself!

15 SIDE HUSTLE IDEAS TO MAKE MONEY FROM HOME| How to Make Money from Home| How to make money online

15 SIDE HUSTLE IDEAS TO MAKE MONEY FROM HOME| How to Make Money from Home| How to make money online

Lego Hulk School Fail

Lego Hulk School Fail

HOUSE ON WHEELS FOR UNDER $5000.

HOUSE ON WHEELS FOR UNDER $5000.

Paul Robeson: Native Land · Песня о Родине

Paul Robeson: Native Land · Песня о Родине

First Attempt Making Homemade Percussion Caps

First Attempt Making Homemade Percussion Caps

Goat explores grocery store!

Goat explores grocery store!

Not surprising Allergan is getting acquired now, says Mizuho managing director

Not surprising Allergan is getting acquired now, says Mizuho managing director

Soy MP Caleb Kositany says dissolution of Parliament will provide an opportunity to ditch Jubilee

Soy MP Caleb Kositany says dissolution of Parliament will provide an opportunity to ditch Jubilee

Comprehensive Total Body HIIT Cardio and Core Workout

Comprehensive Total Body HIIT Cardio and Core Workout

Minecraft, but we get a random item every 30 seconds

Minecraft, but we get a random item every 30 seconds

James Arthur - Impossible (Acoustic)

James Arthur - Impossible (Acoustic)

Ball Controls that won’t repeat

Ball Controls that won’t repeat

Cat's Reaction to Treadmill !!

Cat's Reaction to Treadmill !!

The Only Way Is Through: Imke Salander

The Only Way Is Through: Imke Salander

How To Practice Acting From Home During Quarantine

How To Practice Acting From Home During Quarantine

The God that provides FAITH

The God that provides FAITH

DIFFERENT TYPES OF AFRICAN NURSES

DIFFERENT TYPES OF AFRICAN NURSES

Split Type Aircon Installation LG Dual Inverter 2019

Split Type Aircon Installation LG Dual Inverter 2019

Prolonged Fasting Science & Insulin Resistance Post-Fast

Prolonged Fasting Science & Insulin Resistance Post-Fast

Corporate Headshots in Miami | BEHIND THE SCENES

Corporate Headshots in Miami | BEHIND THE SCENES

Minecraft VR is Cursed...

Minecraft VR is Cursed...

KAGUM SAMPE NANGIS MAIN INI GAME | A WAY OUT #11

KAGUM SAMPE NANGIS MAIN INI GAME | A WAY OUT #11

What is UNDISCLOSED PRINCIPAL? What does UNDISCLOSED PRINCIPAL mean? UNDISCLOSED PRINCIPAL meaning

What is UNDISCLOSED PRINCIPAL? What does UNDISCLOSED PRINCIPAL mean? UNDISCLOSED PRINCIPAL meaning

Man Who Looked Like Me (Official Music Video)

Man Who Looked Like Me (Official Music Video)

R5 Event Design - The Creation of a Wedding

R5 Event Design - The Creation of a Wedding

Howard Dean: Republicans Work for Corporations, not for People

Howard Dean: Republicans Work for Corporations, not for People