World Economies Collapsing—Spain...

"On his grassy ranch in the territory's heartland, 73-year-old Francisco Mesa breeds these "Pura Raza Espanola" — Pure Spanish Breed — horses with a passion that comes from years of pampering the elegant beasts known for their intelligence and affection for humans. He enters a muddy pen and is immediately surrounded by mares and foals who nuzzle him with tenderness, oblivious of their almost certain fate: the slaughterhouse."

"Then came the bust of Spain's property bubble in 2008."