Originally posted by Mich the Tester
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Previously on "Portuguese Unemployment Rate hits record as austerity causes Greek-style death spiral"
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Originally posted by TimberWolf View PostAlmost there, they just need to be a tad poorer.
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Originally posted by Mich the Tester View PostWhich is not entirely a bad thing.
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Originally posted by TimberWolf View PostThey don't seem to be able to afford clothes though.
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Originally posted by Mich the Tester View PostI've just been to Italy, which is supposedly bankrupt. Didn't look like anyone really cares though.
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Originally posted by sasguru View PostThe Douro region is full of winemakers and subsistence farmers:two groups who will do well in spite of Portugal's woes.
Lovely people there, salt of the earth - they probably don't give a fig about the Euro.
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Originally posted by PRC1964 View PostI'd be worried if I had a holiday property in Portugal. Particularly in the Douro region. The job losses there are devastating and I've heard of many holiday properties being ransacked for anything they might have, or even being squatted in.
Still, only a cretin would have bought in Portugal just before the place goes tits up.
Lovely people there, salt of the earth - they probably don't give a fig about the Euro.
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Unemployed EU citizens should up sticks and move to Germany/France and we'll see how long it is before their own citizens start playing up.
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There is no problem.
People here in on the mainland are mystified by these stories in the British press. We haven't seen any Portuguese unemployed here in Germany.
Lord Haw Haw
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Originally posted by TimberWolf View Post
How are our old colonies doing economically? OZ, NZ Canada, etc. I don't suppose they'd like to buy stuff off us and visa versa while Europe does its thing?
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Originally posted by PRC1964 View PostI'd be worried if I had a holiday property in Portugal. Particularly in the Douro region. The job losses there are devastating and I've heard of many holiday properties being ransacked for anything they might have, or even being squatted in.
Still, only a cretin would have bought in Portugal just before the place goes tits up.
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