couple of good reads
- Thread starter ssd
- Start date
ssd believe Ireland will not sign on to the aid package if it means they have to rasie corporate taxes, since that would kill the growth they used to have, they might raise them but not the same as France for instance.
the cartoon one though do not agree with all of it, was very funny and made some good points.
thanks
selkirk
the cartoon one though do not agree with all of it, was very funny and made some good points.
thanks
selkirk
portugal is in trouble and will be the next one that comes under pressure. spain is in better shape, they talk of a downturn in spain....the banks are diversified on a global basis, the larger ones.
my main concern about spain is the 20% unemployed hard to grow an economy or improve things, also the youth unemployment is very high if it stays that long for to long you can lose a generation....the main fear will be spain because of the size of the economy.
ireland should have made the bank investors take more of the pain... they will play for time and see if it works, will find out in 2011.
the emerging markets are still showing good growth and for the most part controlled inflation.
thanks
selkirk
my main concern about spain is the 20% unemployed hard to grow an economy or improve things, also the youth unemployment is very high if it stays that long for to long you can lose a generation....the main fear will be spain because of the size of the economy.
ireland should have made the bank investors take more of the pain... they will play for time and see if it works, will find out in 2011.
the emerging markets are still showing good growth and for the most part controlled inflation.
thanks
selkirk
thx selkirk. Yes - I think all the bondholders need to have more responsibility on these issues. Everyone has spent too much and no one wants to pay the piper.
Hearing of Belgium issues now too as well as large debt to GDP ratio in Italy.....
Hearing of Belgium issues now too as well as large debt to GDP ratio in Italy.....
