Finally Talking About La Crisis


January 25, 2013 by ebostick1212

The truth is, I have been putting off writing about this topic for months.  It is complicated, and touchy, and the fluff I usually write is much easier to think about.  Sometimes thinking of Spain as the tapas capital of the world is easier than thinking about it as a country ravaged by economic problems.

Yet, this is reality.  Whether it be a co-worker fiercely complaining about the chorizos–thieves in the government, or a newscast about upcoming austerity measures, the crisis is at the forefront at everyone’s mind.

´Spain, we don´t have enough bread for so many chorizos´...In this case a ´chorizo´ is a corrupted, thieving government official.

´Spain, we don´t have enough bread for so many chorizos´…In this case a ´chorizo´ is a corrupted, thieving government official.

The origins of La Crisis are an amalgamation of several problems.  I, by no means, claim to be an economics expert, but I have been educating myself about current events since I’ve been here.  In perhaps the simplest terms possible, here it is:  A few years ago Spain’s booming construction and real estate bubbles burst, and many of the country’s small credit unions, who had been giving out loans like nobody’s business, went under.

If you are interested in finding out more about the topic, check out this BBC website.  They do a good job at explaining an extremely complicated problem somewhat succinctly.

I’ve witnessed some terrible things here, paycheck cuts, and cuts in education, that students certainly don’t deserve.  I know of people who are starving, others on the street, even people who continue working in spite of not being paid for months.  Everyday I walk past empty houses, with dusty se vende signs in the windows, and behind those, the unfinished houses that seem to be frozen in time.  Every young Spanish person I know is unemployed.

However, there is something that is worth being mentioned.  The Spanish are doing their best to keep life going as normally as possible.  People still gather, meet with friends, cheer on their favorite soccer teams.  The Crisis deals blows to the people every day, but for the most part, they continue as normal. This definitely says something about Spanish fortitude, and I have to say, I find it inspiring.

2 thoughts on “Finally Talking About La Crisis

  1. JG says:

    It is wonderful to hear that the Spaniards continue to be resilient people in the face of adversity- economic adversity this time. They have a beautiful country and rich history. Viva Espana!

  2. […] for months, and not getting paid, not to mention having those non-existent paychecks slashed.  As previously stated, unemployment is at an all-time high, and banks are kicking people out of their houses.  Who are […]

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