Purified By The Promise Of Suffering For Other People

Taxpayers on the hook for the bailout of the people who spend their days lighting money on fire, and things are only going to get worse.

Despite the sense of relief at avoiding a banking meltdown, Mr. Rajoy also warned of more pain as Madrid pushes ahead with austerity cuts to clean up public finances.

“This year is going to be a bad one,” Mr Rajoy said Sunday.