On Friday, Rajoy’s administration presented a 2013 draft budget that will cut overall spending by nearly $52 billion, freezing the salaries of public workers, cutting spending for unemployment benefits, and even reducing spending for Spain’s royal family next year by 4 percent. 

I'm sorry, but I don't think taxpayers should bear the cost of royalty anymore. It's the 21st century for God's sake.

Pablo Rodriguez, a 24-year-old student pursuing a master’s degree in agricultural development in Denmark, said the austerity measures and bad economy mean most of his friends in Spain are unemployed or doing work they did not train for.

He doubts he will put his education to use in Spain until he is 35 or 40, if ever, and will probably get a job abroad and stay.

‘‘I would love to work here, but there is nothing for me here,’’ Rodriguez said. ‘‘By the time the economy improves it will be too late. I will be settled somewhere else with a family. One of the disasters in Spain is they spent so much to educate me and so many others and they will lose us.’’ 


See: Sunday Globe Special: European Exodus

In Lisbon, retired banker Antonio Trinidade said the budget cuts Portugal is locked into in return for the nation’s $101 billion bailout are making the economy the worst he has seen in his lifetime.

His pension has been cut, and he said countless young Portuguese are increasingly heading abroad because they cannot make a living at home.

‘‘The government and the troika controlling what we do because of the bailout just want to cut more and more and rob from us,’’ Trinidade said, referring to the troika of creditors — the European Commission, the European Central Bank and the International Monetary Fund.

‘‘The young don’t have any future, and the country is on the edge of an abyss,’’ Trinidade said. “I’m getting toward the end of my life, but these people in their 20s or 30s don’t have jobs, or a future.’’ 


Look, if a BANKER is PROTESTING the machinations of the globalist cabal.... 

In Spain, Rajoy has an absolute majority and has pushed through waves of austerity measures during the last nine months — trying to prevent Spain from being forced into the same kind of bailouts taken by Portugal, Ireland, and Greece. 


Because GOVERNMENTS SERVE BANKS, folks!