http://www.theworld.org Global Perspectives for an American Audience Fri, 10 Feb 2012 23:20:49 +0000 en hourly 1 http://wordpress.org/?v=3.1.3 Global Perspectives for an American Audience PRI's The World no Global Perspectives for an American Audience http://www.theworld.org/wp-content/plugins/powerpress/rss_default.jpg http://www.theworld.org http://www.theworld.org/2009/10/one-spanish-towns-recession/ http://www.theworld.org/2009/10/one-spanish-towns-recession/#comments Thu, 29 Oct 2009 20:23:32 +0000 The World http://www.theworld.org/?p=17978 Download audio file (1029097.mp3)
In Spain, the economic crisis is hitting small towns particularly hard. Many villages got rich during the country's housing boom. And they assumed they'd keep getting richer. So they borrowed lots of money. But then real estate went bust and their collateral, undeveloped public land, lost its value. Now, basic public services such as trash pick-up are going neglected in places such as the tiny mountain village of Collbato, in northeast Spain. The World's Gerry Hadden just returned from Collbato, and has the story. Download MP3 (Photo: Gerry Hadden)

• See more of Gerry's photos from Collbato
• Forbes: Spain to stay in recession

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Download MP3
In Spain the economic crisis is hitting small towns particularly hard. Many villages got rich during the country’s housing boom. And they assumed they’d keep getting richer. So they borrowed lots of money. But then real estate went bust and their collateral, undeveloped public land, lost its value. Now, basic public services such as trash pick-up are going neglected in places such as the tiny mountain village of Collbato, in northeast Spain. The World’s Gerry Hadden just returned from Collbato, and has the story.

]]> http://www.theworld.org/2009/10/one-spanish-towns-recession/feed/ 0 10/29/2009,BBC,Collbato,Gerry Hadden,global economy,Global Economy Podcast,global recession,PRI,recession,Spain,The World,WGBH In Spain, the economic crisis is hitting small towns particularly hard. Many villages got rich during the country's housing boom. And they assumed they'd keep getting richer. So they borrowed lots of money. In Spain, the economic crisis is hitting small towns particularly hard. Many villages got rich during the country's housing boom. And they assumed they'd keep getting richer. So they borrowed lots of money. But then real estate went bust and their collateral, undeveloped public land, lost its value. Now, basic public services such as trash pick-up are going neglected in places such as the tiny mountain village of Collbato, in northeast Spain. The World's Gerry Hadden just returned from Collbato, and has the story. Download MP3 (Photo: Gerry Hadden) See more of Gerry's photos from Collbato Forbes: Spain to stay in recession PRI's The World no http://64.71.145.108/audio/1029097.mp3 2306768 audio/mpeg219719100