Spain, the fourth largest economy in Europe has been prophesied to be in a total emergency, what could be a disaster for the European Union. Already on the brink of collapse with Greece and Ireland, the loss of such a key player cold have untold consequences on the union. The European Union might dissolve into a “lost decade” without a complete revamping of policy. What will this mean for Europe’s economy? And how will it impact the already struggling United States?
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