Spain spent $1 Trillion for their fancy train system. How big is that country?
How big is that country?
The question is how broke is that country?
http://finance.yahoo.com/news/Spain-downgraded-as-Europe-apf-1816859080.html?x=0
Though Spain’s overall debt burden is fairly modest at around 53 percent of national income — compared to 115 percent for Greece — the country is running a big budget deficit and has done less than others to get a handle on its public finances.
“Spain spent $1 Trillion for their fancy train system”
They are also bankrupt!