Daily Commentary: On Spain’s Insistence It Will Not Need A Bailout

I am increasingly worried about what is happening in Spain. It seems that the crisis there is hitting a flashpoint with no obvious means of turning things around. Over the past few days, I have been reading and listening to Spanish media assiduously. Here is what is happening there based on my review.

What I have heard over the past twenty-four hours represents a full-court press by Spanish politicians of all political stripes. Clearly there is major concern in Spanish policy circles. Prime M...


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