How is Spain’s mass migration experiment going?

Check out our advertising sponsor, The Economist, and get access to global coverage at an exclusive 35% discount at https://economist.com/moneymacro Recommended articles: 1. Why have Danes turned against immigration? https://www.economist.com/europe/2021... 2. What Spain can teach the rest of Europe https://www.economist.com/leaders/202... 3. Britain has crushed immigration, and harmed itself https://www.economist.com/britain/202... If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via:   / moneymacro   WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS? △ https://school.moneymacro.net/p/indus... LIKE CHATTING ECON WITH ME? △ Follow me on Twitter:   / joerischasfoort   △ Follow me on LinkedIn:   / joeri-schasfoort   △ I have a private Discord server for Senior and Chief economist Patrons / members. SOURCES: 1. https://www.rfberlin.com/cream-report... 2. https://www.lamoncloa.gob.es/lang/en/... 3. https://www.ft.com/content/3fe9dccf-7... 4. https://ourworldindata.org/global-dec... 5. https://www.ecb.europa.eu/press/blog/... 6.    • How are Europe's economies holding up? Dr....   7. https://www.ine.es/jaxiT3/Tabla.htm?t... 8. https://e-archivo.uc3m.es/entities/pu... 9. https://www.ces.es/documents/10180/52... 10. https://www.economist.com/europe/2021... 11. https://elequidistante.github.io/graf... 12. https://www.economist.com/leaders/202... 13. https://www.economist.com/britain/202... Timestamps: 00:00 - intro 01:35 - what Spain’s migration surge actually looks like 08:11 - is Spain getting richer? 10:56 - the real cost 16:20 - conclusion: what Spain teaches us Attribution: Music by Epidemic Sound: http://nebula.tv/epidemic Thank you to AP Archive for access to their archival footage. Stock footage and others clips by Getty Written and researched by Dr. Joeri Schasfoort and Dr. Alejandro Iribas De La Puerta Edited by Natalia Karpacz