Thursday, October 16, 2008

Spain At A Glance....Salaries Versus Stocks

A revealing comparison made last week by Amparo Estrada in Público. An alien landing in the midst of the current crisis and looking at these figures might reasonably assume that the way out would involve the investors helping out the wage earners. Instead, one of those charming little quirks of modern capitalism means that the transfer goes the other way.

1 comment:

Troy said...

And how about the poor banks? Destitute fellas need all of our love, care and savings!

Brings a tear to your eye the sufferin' doesn't it?