408: Odious Debt
Spanish Indignados Protests, Youth Unemployment and Banking Anger
Thousands of protesters known as the "Indignados" took to the streets of Madrid to demonstrate against economic hardship and political corruption. With youth unemployment in Spain reaching nearly 50%, the movement is targeting banks for turning private debt into public debt. The hosts criticize the lack of U.S. media coverage for these massive European protests compared to other global events.

