Spain avoids the financial crisis

Discussion in 'Economics' started by 377OHMS, Jul 16, 2011.

  1. 377OHMS


  2. 377OHMS


    (shrug) It certainly looks like the markets are focused on Italy now.

    Care to straighten me out on this?
  3. Just wait a few days. If the so-called "market" has taught us anything the past three years, things can change in an instant.
  4. You mean the Jewish media-markets matrix is focused on destroying Italy for profit on fraudulent debt they created.
  5. clacy


    Ok, you're right...... There are no actual debt crisis in the world today. They are just fictional problems created by Jews.....
  6. 377OHMS


    lol uh, ok. :D
  7. dealmaker


    "Somehow Spain has averted its finanical crisis. Next stop: Italy"

    Italy is not Spain! Italy has heavy industry ( they build planes, jet fighters, helicopters etc., eg. Piaggio, even cabin of the US Presidential helicopter is built in Italy), automobiles, fashion, tourism, agriculture, finance ( Unicredit) where as all Spain has is agriculture, tourism and Banco Santander.
    Spain is a junior partner in Airbus, all technology comes from Germany, France and Britain. Even the best known Spanish car SEAT is a Fiat built under license in Spain.
    Moral of the story, it may be a little harder taking down Italy than Spain.
  8. greece next, then the US
  9. 377OHMS


    Hmm. But isn't it about debt_to_GDP_ratio more than it is about GDP?
    #10     Jul 17, 2011