Spain indefensible against financial terrorism (Greece was just a warm up).

 

15 comments on “Spain indefensible against financial terrorism (Greece was just a warm up).
  1. Chris says:

    Rajoy says it all without even opening his mouth.
    http://www.youtube.com/watch?v=6w0EBSf8wJg&feature=related

  2. Mother Earth says:

    The sun is Spains best defence..

  3. Mini US says:

    The famous quote from Jose Maria Aznar on how well Spain was doing in the 90′s.

    http://www.youtube.com/watch?v=OaPbjNro7Go

  4. Mini US says:

    At 6:40 in the previous video the song talks about entering Maastricht.

    Ooops!

  5. VickieV says:

    Whatever Spain’s politicians say her economy is going south fast. Take a look at her latest industrial production figures.

    “Industrial Production in February

    The declining trend is reinforced by today’s latest numbers.

    The interannual variation of the Industrial Production Index for the month of February is -3.0%, half a point below that registered in January.

    If we look at the detail of this series we see that in both January and February the main driving force was declining durable goods orders. As this is an erratic series there is briefly some hope of a rebound until we see that the underlying durable goods index is at 50.9 where 2005 is the base of 100. The overall index reading of 81 suddenly does not look quite so bad!”

    http://bit.ly/I3c6vr

    One those Euro fools put yet more austerity into place they will succeed in turning Spain into another Greece.

  6. Alf says:

    “Apostolos Polyzonis set himself ablaze after his bank refused him a loan in Greece -”

    …So will history show how the great European project of union fell to pieces in
    austerity hit Greece, Spain, Portugal, Italy…etc. With people shooting themselves
    in the head, setting themselves on fire and throwing themselves out of windows?
    The way things are going the question must be; Who’s economy’s next to be
    financially raped by financial greed and corruption?
    We all know its going to happen…so why can’t it be stopped?
    Its all questions-questions with no real answers or action…maybe we’ll have to
    wait a 100years and find out in the history books…Our great grandchildren will
    be shaking their heads in disbelief.

  7. Mini US says:

    Hi Kwazimota.

    So, Spain will become the new Vegas, a desert location for money laundering for the rich and crooked ;)

    Zynga chips or carbon credits?

  8. Bruce says:

    It appears my olive and olive oil purchases are not helping.

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