I dont think that is true
Boom bust was regulated by brown in the uk. So can happen in Spain. Spains problem is over supply of certain products. Miselling by agents, too high commissions, and other markets opening up, socialist governments, and not enough diversified industry, other industries like shoes being eaten into by china, Spain needs to modernise, its mindset and competitiveness, and too much corruption. Be like the british, at least though a cold country people maybe more honorable? well some, as a nation, not that corrupt on the face of it!.
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