Eating your young is not a free lunch

Excessive indebtedness, certainly. But if there ever were an argument in favour of restructuring the labour market in Spain so that those that spend most freely - the young - get back to work... this is it.

Readers definitely should refer to our previous entry, Unemployment - Spanish style, to view the truly gruesome societal consequences of businesses firing (or failing to renew the contracts of) two or three young workers rather than pay two years of finiquito to one 50+ year old in order to accommodate the current economic reality.

One can't help but note, as we radicals of the 1960's age, the curious total reversal of Jerry Rubin's admonition to 'Never trust anyone over 30'.

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