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Fernando Jiménez

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What can a country do when his unemployment rate reaches the 27%?

Spain has reached the 27% of unemployment rate, the goberment have done importante modifications in the work market, made it more flexible, added to others legal regulations, but nothing seem to be effective.

What should do we do to stimulate our work market?

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    May 8 2013: Get rid of the Euro and return to the Peseta so you can devalue it to allow competative exporting of goods. As a country you will need to be food self reliant as imports will be expensive, but it would attract overseas investment in manufacturing as your devalued currency would make labour cheaper.

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