Until recently, the Spanish authorities maintained that the problems in their country’s real-estate sector were temporary. To acknowledge the truth would have meant admitting that for years they had overlooked the build-up of an unsustainable construction boom that now threatens to bankrupt the entire country.
但他们对辨认国内问题的抵触更加严重。直到最近，西班牙当局才不再坚持该国房地产部门问题不是暂时性的。承认真相意味着多年来他们忽略了不可持续建设繁荣的风险，以至于如今整个国家都陷入了破产危险。