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    Spain goes from boom to bailout in a decade

    Sat, 06/09/2012 - 14:55 EDT - AP

    MADRID (AP) -- Spain's economic fortunes have gone from boom to deep financial crisis over the past decade. Here are the main developments:...

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      By Global Value Investor:My readers know that I have a strong contrarian perspective and that I like to invest where it hurts the most. This certainly has to be Spain right now. The 2008 financial crisis in the US exhibited traits than can also be seen in Spain:

    • The Worst Unemployment Crisis In Modern History Is Unfolding Right Now

      At 27.2%, Spain is suffering the worst unemployment rate in modern history. Spain is tied with Greece, and is worse than the approximately 25% unemployment rate that the US saw during The Great Depression.

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