Investors’ growing concerns over Spanish debt are more than legitimate, and some analysts believe that the Spain could, in fact, be the next E.U. member to seek an exit from the Eurozone. There are several reasons that that notion is being supported, including the size of its debt load, which makes it too big for the E.U./IMF to even try to save, and its capacity to survive and thrive outside of the E.U.’s control. Given the right circumstances, many agree that the Spanish economy could once again thrive; Spain has a strong industrial base, and its exports to GDP ratio is at 26%, near the same level as the U.K. or France. Read more
