‘New World Market v Old World Market’ published in Zeit Heist issue 3.

Two markets from two towns, one in the Old World and one in the New World.

Despite their obvious different economic starting points, the mood in Mexico is optimistic, with the feeling that people’s lives will improve over time whereas the feeling in Spain is that the country is in decline with people’s standards of living being reduced.

Medina del Campo in Spain was one of the three largest medieval fairs in Europe, trading in wool and textiles, and then banking and books, often printed and exported to the New World where they were bound.
It now concentrates on furniture, metal and agriculture.

The 2008 global crisis has affected the Old World and the New World differently, as shown by the World Bank databank graph, which shows that Mexico quickly recovered from the crisis and is in growth again whereas the Spain economy has only recently bottomed out.

Zeit Heist article

San Cristóbal de las Casas market