MercoPress. South Atlantic News Agency
Controversy over Spain’s recovery ‘round the corner’ and ‘the next Germany’ forecast
US multinational financial service corporation Morgan Stanley has declared that Spain has already got over the worst of the economic crisis and augurs that it “will become the next Germany” in the European Union. This however is challenged by the Financial Times, Goldman Sachs, Citibank and the IMF. Read full article
Comments
Disclaimer & comment rulesI know where I'm not investing my money, and with whom.
Feb 22nd, 2013 - 04:54 pm - Link - Report abuse 0@1 Hope you're avoiding Spain. And anywhere else in the eurozone.
Feb 22nd, 2013 - 06:48 pm - Link - Report abuse 0http://www.express.co.uk/news/world/379508/Recession-will-last-longer-says-EU
The EU is, of course, continuing to fall apart. Thankfully, at least 50% of the British people are now committed to leaving the dumb attempt thought up by the nazis to gain European domination, even though they lost the war!
But it is nice to think that Spain may be going downhill faster than the rest. Rising unemployment, rising costs, falling wages, spreading poverty. All good signs to show “latinos” that they have, once again, got it wrong. Fortunately, the argie “government” is too stupid to read the situation properly. Also, it dare not admit that it might have got things wrong! And so it rushes headlong into the abyss. Does Spain have 26% inflation? Not yet. Do the unions in Spain demand that the starting point for wage increase “negotiations” is 25%? Not yet. Does Spain have regular brown-outs and black-outs? Not yet. Does Spain have to print “credit” notes in place of money? Not yet. Argieland is much closer to implosion. Now, the UK and the USA are joined to block any loans to argieland. Germany and Italy are already on board. Three major powers lined up against argieland. And Italy. Let's all hope that argieland loses all its many court cases. Wonder where they'll get the billions they owe? Anyone want to buy a “country”? Cheap. After all, the argies will have to liquidate their few “assets” to pay their debts. Or face occupation. Occupation by the world and seizure of assets. Argies will have to learn how to work. We should start making lists of what argieland will have to give up. And look forward to argieland being controlled by the UN. Listed as a non-self-governing territory.
Why would you believe a country?
Feb 22nd, 2013 - 07:21 pm - Link - Report abuse 0That has done nothing but lie all these years
If she recovers then so be it,
If not, then another lie will have been told,
Still,
Nothing new their then ..
.
If MS are puffing Spain that is because they have something they want to sell at a huge profit: but we won't own up to it beforehand!
Feb 23rd, 2013 - 02:55 pm - Link - Report abuse 0ha ha .
Feb 23rd, 2013 - 07:12 pm - Link - Report abuse 0Did the US rating agencies give Spain a mega-default “ninja-mortgage” rating of AAA?
Feb 23rd, 2013 - 09:52 pm - Link - Report abuse 0Comment removed by the editor.
Feb 25th, 2013 - 03:46 am - Link - Report abuse 0Commenting for this story is now closed.
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