[jseliger]

Not long ago you could hear people saying "I don't care about politics..." but still complaining about the effects that political decisions brought to their lives.

This could definitely be worse in Spain, but it's not unique to Spain. I hear the same sorts of things all the time and even wrote a blog post about one example: http://jseliger.wordpress.com/2013/04/08/connecting-the-dots... .

This is economic hell and NOBODY can save us.

I'm not an economist, but based on my reading and (limited) understanding of the situation, the most likely outcome is the destruction of the Euro as a currency, or at least a vast shrinking of the currency zone. Devaluation would help many of the problems Spain, Greece, Cyprus, and others have. It has other well-known problems but the situation is one in which there are no good options.

[kaoD]

Great blog post, although I meant less "economic illiteracy" and more "actively refusing politics" (though I guess they're related.)

> Devaluation would help many of the problems Spain, Greece, Cyprus, and others have.

That's true, but top-tier economies in the euro zone can't afford devaluation, that's why the European Commission imposes devaluation in wage and services.

What they fail to realize is that they're killing their own exports as they suffocate peripheral economies.