Episode 43 • • 1:06:07 - 1:11:58
43: Almost Live From GitmoNation
Spanish Economic Collapse and Real Estate Glut
The Spanish government cut short its summer holiday to address a collapsing economy driven by a massive overdevelopment of residential property. With a glut of 500,000 unfinished flats and a 50% drop in sales, towns like Seseña have become "ghost towns." The crisis is expected to spread across Europe, potentially causing a short-term rise in the U.S. dollar.