Thursday, February 7, 2013

The cost of the GFC in Spain

A telling chart.  As so often, it is the poor, in fact the poorest of the poor, who suffer: the lowest percentile falling nearly 45% in real terms.  The property speculators and the top bankers have pocketed their profits and bonuses.  Those who in and closest to grinding poverty pay the price.  Shameful.

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