'European Union built on sand, facade cracking & creaking, collapse imminent'. (VIDEO)

Thousands of medical workers have marched in the Spanish capital against plans to privatize hospitals, with more anti-austerity protests planned over the next few days. Madrid insists the harsh financial measures are crucial to help the country climb out of its deep recession. Investment advisor Patrick Young believes the government's approach to the crisis is what landed Spain in trouble in the first place.