Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
There just don't seem to be that many places where the jobs have simply disappeared, and then the people abandoned properties.

Next time you're in Madrid I'll take you on a tour of plots to be developed that remain undeveloped (they have all the utilities and street lighting, the sidewalks are paved, but no construction ever started on the houses), half-finished apartment buildings, empty subdivisions that were never occupied or sold...

Economics is politics by other means

by Migeru (migeru at eurotrib dot com) on Tue May 17th, 2011 at 06:40:07 AM EST
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