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Video of the Day - Economic Crisis: Is Spain Next?
This video tells the real story of how bad things have got in Spain and how close they are to a Greek-style economic collapse. Spain's economy has been weakened due to heavy debts and bailouts since the economic crisis began across Europe. According to Moody's, Spanish economic status is almost classified as junk. Currently, the country's unemployment rate sits at nearly 22 percent. Meanwhile, Spanish miners are losing their jobs and they have organized a thousand-man march to Madrid in protest against deteriorating conditions.