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So the roots of the current real state bust may be found in the invincible Armada in the 1600s(BTW nobody in Spain put it that name, and that episode wasn't the end of the war, which didn't end so badly to Spain). Yeah, great analysis, thank you. Trafalgar didn't appeal to you?

The reasons of Spanish underdevelopment during the past centuries are several and have been studied thoroughly and have nothing to do with "being lazy" as you seem to suggest.

I detest how every news that involves Spain is linked to the current crisis. Just 5 years ago Spain was a model of economic growth and progress and we lived at the same Time Zone.



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