Spain: from the Prosperity to the Depresion

Abstract

In August, 2012 the unemployment in Spain has reached to almost a fourth part of those who want to work, from the last quarter of 2011 it registers negative rates of growth of the gdp and the estimations coincide with that will not be but until 2014 when some symptoms of recovery are started perceiving. How, why, has it come near to this situation? Until only a few years ago - until 2008 concretely-, the Spanish economy was throwing very different results and, by all appearances, there were no solid motives for supposing that there could happen what yes happens. This note tries a review of the happened