'Spanish economy in "huge crisis" after credit downgrade'

Discussion in 'Economics' started by Wallace, Apr 27, 2012.

  1. Nick29

    Nick29

    The first ever permanent rally has been achieved.
     
    #11     Apr 27, 2012
  2. hee hee... not to mention that banks are holding all those derivatives..

    Oops! Did I just do a big no-no? Mentioning derivatives that is.. they don't seem to be in the news! Didn't Obama talk about making them trade on an exchange with "transparency"? I remember when the words "terror" and "terrorist" were out of the news for years, the Clinton years to be exact. Presidents can order news blackouts, always have and some always will. I think that Bush didn't do that, or maybe Republican Presidents can't pull it off, the MSM being what it is...
     
    #12     Apr 27, 2012
  3. like that
    sounds like an overdose of Viagra
     
    #13     Apr 27, 2012
  4. remembered I'd forgotten this

    https://www.cia.gov/library/publications/the-world-factbook/geos/sp.html
    Spain - Economy
    GDP (purchasing power parity):
    $1.411 trillion (2011 est.) country comparison to the world: 14
    GDP - real growth rate:
    0.8% (2011 est.) country comparison to the world: 190
    Public debt:
    68.2% of GDP (2011 est.) country comparison to the world: 33
    Debt - external:
    $2.57 trillion (30 June 2011) country comparison to the world: 9
    Budget:
    revenues: $561.6 billion expenditures: $692.2 billion (2011 est.)

    population:
    Italy : 61,261,254 (July 2012 est.) country comparison to the world: 23
    Spain : 47,042,984 (July 2012 est.) country comparison to the world: 27
     
    #14     Apr 27, 2012
  5. since when does spain need money

    beta testing new pizza sauces?
     
    #15     Apr 27, 2012
  6. S2007S

    S2007S


    Exactly, nothing to worry about as long as they keep pushing trillions of worthless dollars into the economy everything will be okay!


    :p :p :p :p :p
     
    #16     Apr 27, 2012