There's Pain in Spain as Banks Go Down the Drain... Let Me Explain

``It's interesting because, according to Roldán, the cause of the pain in Spain, has nothing to do with Greek or Irish bonds, as one might have guessed, rather it's because "with Spain's economy weak, and home prices falling, bad loans are growing," explains Floyd Norris of the Times. I don't want to get too far off track here, but that sounds eerily familiar to me... it's spooky.''