Spain is not Uganda
This was texted by the Spanish Prime Minister to his Finance Minister during the negotiations on Spain’s financial bailout.
The BBC discusses it here. Here’s the first paragraph.
Spanish Prime Minister Rajoy sent a text to his finance minister in the midst of negotiations on the terms of a bailout for Spain’s banks. Urging him to hold out for a good deal, it said: “We’re the number four power in Europe. Spain is not Uganda.” The remark caused a storm of protest in Uganda and some ironic tweets pointing out Ugandan economic success. So how do the two countries compare?
I actually think, that many ideas from the so-called Third World can be applied successfully to countries like the UK, the US and Spain.
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