… su tiempo para salir de la UEM. On Wednesday I was up in freezing Iceland and we saw how the threats of being prevented entry into the EMU had led the Icelandic government into bowing to the unjustifiable bullying of the UK and Dutch governments and violating the wishes of its own populations. A greater authority (the President) intervened and hopefully the Icelanders will tell goliath to take a walk. Today I have travelled south into the EMU – to Spain where the weather is kinder but the economic climate is very harsh indeed. The situation in Spain tells us all that the Euro system was always built on corrupted neo-liberal rhetoric and now it is buckling asunder as the first real test of its logic is causing havoc among ordinary people. I am sure those officials in their warm offices and well-paid jobs in Frankfurt and Brussels are not enduring what a significant minority of Spaniards are now going through. One statistic is enough to tell you the EMU system is a failure – 53 per cent of Spanish youth (16-19 year olds) who want to work are unemployed! So … España se está muriendo … su tiempo para salir de la UEM (Spain is dying … its time to leave the EMU).