It is simply tragic that Spain is experiencing such a massive economic crisis. It is rare to see a  country as large as Spain with such devastating financial, economic and employment problems due to the government and banking industry. Other large countries such as Germany and the US are not in such dire straits but that is understandable as they are much more efficient than Spain that has offered their workers endless perks and benefits.

I suggest that Spain be proactive in the face of this crisis if they ever want to get out of it. The Spanish could, for example, increase exports and productivity, which would increase their national GDP and help the economy recover. To increase productivity, workers would have to work more with less pay. This way, the people would be happy that their government has money again because Spain would no longer have such a heavy debt. However, due to the large number and fervor of Spanish labor unions, the “work more, pay less” campaign probably wouldn’t get very far, unless, of course, they realize that if everyone doesn’t have a job, they won’t have anyone left to protect.

Personally, I am glad to be living in a country where such a severe economic crisis does not exist because, honestly, living with my parents at the age of thirty would be extremely embarrassing. In contrast, though, I wouldn’t mind a nap every day at noon, so in short, I would like to live somewhere where I can have a siesta but not have to deal with the repercussions of a country in crisis.

Truthfully, I wish I could converse with someone who has actually lived through eurozone crisis and get a feel for the mentality that the Spaniards have now. I feel that, this way, I could understand the situation a bit better and finally understand why the Spaniards aren’t as panicked as we would be in that situation. The only problem? I don’t know anyone who has experienced this tragedy first-hand!

Here are some ideas to help you to select a product to sell in Spain during the current Spanish economic crisis:

Spain should have more factories so a factory would be a good choice. Having more factories would lower the need to import goods from other countries, thus lowering spending. Additionally, this would lower the unemployment rate because, after all, more factories create more jobs.

Secondly, the Spanish would do well to get a better education in economics. They could come to esteemed economic universities like Harvard or Wharton to learn about the economy and then return to Spain and help them resolve the crisis using the skills that they have learned.

I would doubt that Spain could recover without making major changes, of its culture, currency, and government. I would love to live the life of a spanish person with siestas, parties, and constant spending, but, because of this, there is no productivity in work nor money. The government could not be in charge of the economy and its exports and imports also, therefore, much of the people are growing against this socialist government.


An important way to recover is to give more exports in order to return to a competitive level with other countries in Europe, like Germany, but it would be a slow process that will require much patience.


What has happened to Spain is tragic and I felt bad that a country had fallen so low with people who have suffered a life with nothing--no home, work, nor opportunities. And the youth, the potential future of Spain, are leaving to other countries because after school they need jobs, jobs that are protected for all involved in the government, the adults. It will be sad if everyone leaves without looking back, in this moment in time they need to unite together and stay loyal to their home country. They should not run away, but stay strong.


I did not know anyone that was influenced by the recession, but there are millions of people and, unless a person, not just from Spain, but someone who does more than protest and donate money. The heads of the citizens hurt, and it is not because they need their coffee. Someone should help these people, create a system, product, or factory, but it will be important that in some way, the culture lives. If the color of this colorful country is crushed beneath reform, we do not have Spain, but another dull country.


Therefore, we have to think in both, what they want and need for the benefit of all. And the first thing starts with the people and the government: the people want the socialist government, that has failed, to become a democracy, But this is not something that you and I can control. Well, a good idea is to start a system that includes saving money, like a 401K and and IRA, but I would doubt that the Spanish wanted something like this because of bad experiences with the bank and saving money.


Another idea, businesses of the United States could establish lotteries in the regions of Spain, yes, like Powerball. The people would hope that they win, but even they lose, the economy wins, and this is the best circumstance provided by the current limitations in establishing a product there, especially when they have returned to a conservative approach to spending.