From 2006 to 2008, Duran took out 68 commercial and personal loans from 39 banks in Spain. He farmed the money out to social activists, funding speaking tours against capitalism and TV cameras for a media network. “I saw that, on one side, these social movements were building alternatives but that they lacked resources and communication capacities,” he said. “Meanwhile, our economy was perpetually growing, which lead to a system that created money out of nothing.”
How has Spain’s economic situation been changing, according to Duran?
The economy has been continually expanding The economy has been increasingly lacking money The economy was slowed down by funding of social campaigns and media networks The country has been gradually recovering from an economic crisis