The economics of scarcity is pernicious foolishness. By contrast. the economics of idle resources addresses reality. It is the same as the difference between alchemy and chemistry, astrology and astronomy, evolution and creationism.
The PP government has taken advantage of the crisis to impose labor law changes that will make it easier for employers to get out of industry-wide collective bargaining agreements.
A large reduction of the outgoing flow of capital to Emerging countries is a clear sign that the rich Countries are in a recession, very visible in Europe, and less in the US.