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Old 09-14-2018, 04:30 PM
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Default Is Spain prepared for a new crisis?

This is the new face of Spain 10 years after the fall of Lehman Brothers: construction cranes no longer crowd the skyline, inequality and precarious working conditions have increased, and what?s worse, many citizens have lost hope of improving their lot in life, the way they once used to. As in John Steinbeck?s novella The Pearl, the property boom was a gift that turned into a curse. But how did it happen? Why didn?t the real estate bubble ring alarm bells?

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