Victor Alberola Salcedo was shocked when the construction of a suburban Madrid train line was halted in 2010, terminating a contract for his 17-person company. It brought home the reality of the worst economy in his country’s more than 30 years of democracy. Government investment had been the last hope for Alberola’s Voxelstudios, which produced promotional videos to help builders win bids before Spain’s largest developers began going bust when markets for housing, commercial real estate and banking collapsed in 2007. Profit fell by 76 percent the year of the cancellation. He had only one more card to play: He hit ... (full story)