Spain or how colonies repay kindness

While Europe forces yet more privatisation on Greece and Spain under the Orwellian name of "liberalisation", Latin America in 2012 is challenging the orthodox view that private always is better than public. On 1 May Bolivia seized the Spanish company that controlled its electricity grid, just after Argentina, on 14 April, effectively renationalised YPF, its main oil company, expropriating 51% owned by Spanish firm Repsol. Both critics and supporters have understood Cristina Fernández Kirchner's and Evo Morales's actions in terms of energy nationalism and populist demagoguery                                                          

                                                                                                          The Guardian 

Today I`d like to go a little bit offtopic and tell you a story. This is a true story of kindness, call of duty, revanchism and economics. At the present time Spain experiences almost the worst times in their history after general Franko, unemployment rate is one of the biggest in Europe- 22.7%, public debt 68.2% of GDP (2011 est.). 
Actually, it hasn’t come as a surprise; furthermore we should actually wait for more actions like this. On the decline of formerly powerful country, every one of their former vassals will try to take revanche, striking a sore spot.  But what we need to understand is that the economy as a whole is not the place for the weak, only the strongest wins, choosing this path, you will never be the same, the path of enlightenment.