If Spain Goes Down, the World Goes Down?... Wharton article & video on the pain in Spain - what it means for Europe & beyond... "Spain's rapid decline from one of Western Europe's fastest-growing economies to one of its most troubled has left many looking for blame... Because of its size, Spain's success in reversing its fiscal deterioration is critical for the future of the euro, the European Union and, ultimately, the global economy... A Spanish default could herald the breakup of the euro and a rise in retaliatory protectionism around the world."...
article: http://knowledge.wharton.upenn.edu/article.cfm?articleid=2453 (4*)