Why pull billions when one can pull trillions? 
-
-
Curious to know from where you got that conclusion...Originally posted by Mordac View PostLast edited by CryingSheep; 2 September 2019, 20:45."The boy who cried Sheep"Comment
-
-
He's basically a cretin.Originally posted by CryingSheep View PostHard Brexit now!
#prayfornodealComment
-
Ahhh... That would make much more sense...Originally posted by sasguru View Post"The boy who cried Sheep"Comment
-
Out of a clowns hat probably. Out of the 3, only Italy are doing tulip, in fact Spain and Portugal are doing better than the UK at the moment, I wonder why?Originally posted by CryingSheep View Post“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.”Comment
-
-
Originally posted by Mordac View Post
How do you figure? You really need to stop reading the daily wail and listening to Piers Morgan. In regards to Greece, like Iceland they've taken the medicine and from feet on the ground I'm seeing a country with a lost 10-15 years now developing, opportunities plenty, and very friendly people who always have time for you.
Portugal’s Rating Outlook Changed to Positive by Moody’s
The outlook on Portugal’s government bond rating was changed to positive by Moody’s Investors Service on a continued decline in the government’s debt burden and sustained improvements in the banking sector.
Portugal’s bright outlook offers Europe some hope
Takes the intellectual left to sort out the mess of the right. History repeating.The alliance between Mr Costa’s Socialist Party (PS) and further left groups such as the anti-establishment Left Bloc was considered tenuous when it was forged in 2015. Yet in stark contrast to Italy, the coalition has remained both stable and functional, presiding over a general uptick in Portugal’s fortunes. Public sector wages have returned to pre-crisis levels, while the country’s budget deficit could reach zero by the end of this year. Unemployment has halved to 6.7 per cent, compared to around 14 per cent in neighbouring Spain, which has undergone its own recovery. Portugal’s low crime rate and welcoming atmosphere have been a boon, appealing to both immigrants and external investors."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Among others:Originally posted by CryingSheep View Post
Doomed: How There's No Way Out Of The Debt Crisis For Italy
Is another European debt crisis around the corner? | Expert Investor EuropeForget Brexit, there's something far more worrying afoot in Europe: Italy's debt problem. It's on course to spark an existential crisis for Europe's single currency area, the eurozone.
While the European Union will aim to fix the problem it looks like they'll be no escape from the coming calamity, experts say.
"[...] it does seem a matter of ‘when’ rather than ‘if’ – another full-blown sovereign debt panic will happen," states a recent report from London-based financial firm TS Lombard. The report continues bluntly:
The bottom line is that as and when a serious new crisis blows up, the Italian government is positioning itself to demonstrate to its voters that it has not sought to leave the Eurozone, but rather that the Eurozone is leaving Italy.
In other words, Italy's government is gearing up to inform the European Union it has had enough. Then the ruling parties will tell Italy's population that the EU is to blame for everything.
When that happens -- TS Lombard is correct that it is all but guaranteed -- a financial Tsunami will hit stock markets across the world.
Seasoned market observers may remember the Greek crisis of a decade ago. This will be the same only far bigger because Italy's economy, the eighth largest in the world, is approximately 10 times as big as Greece's.
I've put the scary bits in bold for you. HTH.“The fundamentals in many European countries are still relatively weak,” said Michael Leithead, head of fixed income at EFG Asset Management. “Spain is still running an excessive deficit, as is France.”
France, the second-largest economy in Europe, received a ticking off from Brussels last month, warning that its planned debt reduction in 2019 did not meet previous EU agreements. Spain and Portugal also received similar notes of warning.
“The approach that European governments have taken to the problem [of missing EU budget forecasts] has been to promise to make structural adjustments further down the line,” Leithead said.His heart is in the right place - shame we can't say the same about his brain...Comment
-
Ok then I guess I'll just have to check which of those countries have the least amount of british immigrants and pick that one.Comment
Comment