The Fall of Spain

In Soccernomics, journalist Simon Kuper and sports economist Stefan Szymanski show robust causal relationships between a nation’s international football success and four factors: home-team advantage, historical Football experience, GDP per capita, and population.

Today, Spain crashed out of the World Cup. Let’s look at Spain’s GDP performance for the last 4 years:

 

Spain GDP

 

Coincidence? you be the judge.

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