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Reversal of fortunes sends
Spaniards to Latin America

Reuters, by Gabriel Stargardter and Paul Day

Original Article

Posted By:PageTurner, 10/31/2012 5:29:02 PM

MEXICO CITY/MADRID - After joining the euro in 1999, Spain's economic boom made it the land of opportunity for millions of Latin American migrant workers. But since the decade-long boom turned to bust roughly four years ago, many of those immigrants have returned, joined by a growing number of disillusioned Spaniards who hope that Latin America, with its developing economies and low cost of living, has more to offer. Spaniards are traditionally reluctant to emigrate and they are among the least likely in Europe to go abroad for work.

Comments:
I'd rather be in Latin America than Spain, too. Notice that most of them are going to Chile, where things are good and growth is in the neighborhood of 6%-7%.

Spaniards should be able to come here, too, most speak good English and they are civilized types, they make excellent Americans.

  

Post Reply  

Reply 1 - Posted by: Blackeagle, 10/31/2012 5:37:18 PM     (No. 8977728)

Spain keeps it's economy in an iron, statist grip. Try firing anyone - anyone for two years of pay as severance? Entrepreneurs should consider relocating elsewhere. Chile would be my first choice.

A lot of Moroccans also immigrated to Spain during the good times. Wonder if they are going back home? (sorry - rhetorical question).

better link

http://www.reuters.com/article/2012/10/31/us-spain-emigration-idUSBRE89U1C820121031



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