Keep an eye on Spain. Over 40,000 estate agents have already
shut their doors, according to the realtors federation.
There are 600,000 unsold homes on the market. Unemployment
is rising at a rate of 90,000 a month (seasonally adjusted).
UBS says country has built up cross-border liabilities of
$362bn, much of it owed to German and French banks, and is
facing a foreign "funding freeze".
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