Nobel Price and New York Times Op-ed Columnist Paul Krugman wrote about Spain (here) on January 19th. It does not make the news today but Spainlaw.net is still a toodler.
Krguman thinks Spain's own real estate bubble burst was worse than Florida's and that one of the few things Spanish goverment can do is try to reduce wages. I think wages in Spain are really low as is.
He goes on to say that workers do not move from distressed regions to those with better prospects in Europe. I agree with Krugman on this one. Based on my experience, regular folks in Spain do not move fetching a better job, period.
What is your own experience about workers mobility? What's going on in your country for other people.
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