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Why I Am So Worried About Spain"s Future

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Having royalty genealogy lines is cool, as you can trace all of your ancestry through the former kings and queens of Europe in past periods.
Once you hit a major royal line vein, you see you are related to nearly all of them, as they also intermarried, and speaking of veins you have to wonder if you will bleed to death someday.
Luckily, that was long ago, and today I have mixed genes.
Nevertheless, I do have Spanish Royalty in that mix amongst all the rest, and thus, I've always been interested in their history.
If you ever get a chance to do a little personal research on Spain, its history is fascinating even to this day.
In fact, it's the present period I wish to discuss, as the current events unfold.
Right now, Spain as a 25% unemployment rate and it is near breaking point.
It's all its leadership can do to hold it together.
So, is Spain at risk of falling apart, I mean about to experience a total meltdown, run on its banks, financial collapse, exit the Eurozone, and even plunge into civil war.
Okay so, you might think I am going overboard, but I would like to point out some additional facts, but first I'd like to point to a recent Wall Street Journal article titled; "Europe's Crisis Spawns Calls for a Breakup - Of Spain" by Matt Moffett.
First there are two groups who are within Spain's borders that do not completely consider themselves under Spanish Rule; the ancient Basque region and Catalonia.
Both have their own regional governments and are weary of Spain's economic problems insisting that they are viable without being part of Spain, or its crisis.
Have they benefitted from being one-with-Spain in spirit? Sure, greatly, but neither is worried of being alone, and most in the regions agree that it is time to sever ties.
The article in the WSJ noted and had a picture of Catalonia Protestors who seek their independence.
It is possible they could get it, and it is possible that Spain may seek its own independence from the Eurozone.
Of course, right now they are sticking around to see what the EU Central Bank will do for them, but realize that it probably can't do enough to turn the economy back around prevent another larger scale run on the Spain's banks, or get that unemployment rate to significantly drop.
Meanwhile, any bailout monies of buying of Spanish debt will certainly come with more strings attached, which won't sit well with Spaniards - quite frankly, they've had enough - folks are getting to their wits ends there.
Anyway, time will tell if cooler heads prevail, but suffice it to say that things are a mess.
Please consider all this and think on it.
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