Skip to main content

100,000 Workers in Spain Will Not be Paid Because Regional Government of Catalona is Broke


It's extremely painful when government collapses and can't pay its bills or its workers. But public spending on steroids and the massive accumulation of mountains of debt to sustain the unsustainable is a stone cold reality.
The crisis in Spanish regional governments continues to escalate. El Pais reports Catalona Will Not Pay Hospitals or Private Centers and 100,000 workers are affected.

Read the rest here
Mish's Global Economic Trend Analysis 

Judy Morris,
Blogger, THL
Articles | Website

Popular posts from this blog

Occupy Mordor or Destroy the Ring?

There has been mixed responses to Occupy Wall Street by libertarians. Some see the movement as a positive, while others see them as little more than lazy hipsters. But libertarians must be sensitive to why people feel the way they do about issues. The occupiers point out a legitimate concern that "the 1%" control vastly more power and wealth than "the 99%", and corporations have accumulated more power and privilege than is healthy for an open society. Some other concerns and demands are absurd, but the heart of the matter is on track. The question is why has this happened? While many on the left are quick to blame a nebulous thing called "greed", or lack of regulation, the matter is more complicated than that. This calls for a Lord of the Rings metaphor. Let's say that Sauron, the big cheese bad guy of Lord of the Rings, is the corporate hegemony. The 1%. Most people in Middle Earth agree that this is a problem, but there are a few differ...

I've Been an Outspoken Critic of Censoring Conservatives, But I'm Not Leaving Patreon Over Sargon of Akkad's Ridiculous Remarks

By: Wes Messamore The Humble Libertarian Photo: Gage Skidmore

Were The Founding Fathers Aided By Aliens?

Photo: Sebastian Bieniek, Dollarfaces https://www.b1en1ek.com/works/bieniek-paint/2015-dollarfaces/
–––As Featured On–––