Spain, Europe's 5th largest economy, is over €716,000,000,000 in debt, according to the National Debt Clock. That amounts to €15,000 per Spaniard.
The nation is over €700,000,000,000 in debt, which amounts to about $900 billion Canadian. Unemployment among Spaniards is hovering around 24.1%. Canada's is around 7.3%. Canadian Prime Minister Stephen Harper, after meeting European leaders this week, has cautioned the Eurozone not to implement any socialist measures, fearing that if Europe falls, the Canadian economy would fall into another recession.
