tag:blogger.com,1999:blog-6423993319277492079.post3911254432461142186..comments2023-06-29T13:11:04.067+02:00Comments on Economy Lessons: Spain crisis: How will they solve their problems? They can?Davidhttp://www.blogger.com/profile/02209047913303850039noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6423993319277492079.post-18215301707447281072014-06-27T13:20:03.638+02:002014-06-27T13:20:03.638+02:00No one wants to buy their houses? (foreigners and ...No one wants to buy their houses? (foreigners and Spanish)Anonymoushttps://www.blogger.com/profile/12155949025676514083noreply@blogger.comtag:blogger.com,1999:blog-6423993319277492079.post-76372721433334740742012-12-12T00:26:23.512+01:002012-12-12T00:26:23.512+01:00Eventually... But who are we to judge?Eventually... But who are we to judge?Elliott Broidyhttp://www.avivacenter.org/_about/board.aspxnoreply@blogger.comtag:blogger.com,1999:blog-6423993319277492079.post-75804044157114382362011-05-03T16:45:22.719+02:002011-05-03T16:45:22.719+02:00I know that Spain is one of the racist country in ...I know that Spain is one of the racist country in the world. but I hope that they can solve their economical problems and avoid a economical crisis.cheap viagrahttp://www.xlpharmacy.com/noreply@blogger.comtag:blogger.com,1999:blog-6423993319277492079.post-32864567930634607062010-04-30T11:43:03.753+02:002010-04-30T11:43:03.753+02:00The problem with Spanish government is that they a...The problem with Spanish government is that they act thinking in short-term, not long-term. If they act thinking in long, even mid-term, benefits can be attributed to other party, if they lose the power. That's why the mind-set is 'solve now, regain popularity,don't think about future, we maybe we won't be in power'.<br /><br />Housing market collapsed because: Spanish was unable to pay houses they were building (why sell a house to a Spanish for, let's say, €15.000 when we can sell them for €40.000 to a foreigner (mainly, Europeans)? So as I've said, Catalan-Valencian coast is full of summer houses for Europeans (In fact, there are towns where foreigners represents more than 50%, even 75% of town population!).<br /><br />Mix a bad income source (high priced houses, not reliable in mid-long term) with corruption, a limited land (you can't build forever), and the traditional Spanish back-stabbing politics. <br /><br />Spain is the S of PIGS, and even before Greek debt became public, European voices suggested expel Spain as they're suggesting do it with Greece.<br /><br />The fall of Greece, would be the devaluation of Euro and, even worse, the investors would be hesitant about investing in Spain. If Greece fall, Spain and maybe Portugal, will probably fall too, starting a Chain reaction that nobody wants, that's why Greece recovery is a must.Davidhttps://www.blogger.com/profile/02209047913303850039noreply@blogger.comtag:blogger.com,1999:blog-6423993319277492079.post-81775901956302321432010-04-30T06:28:27.166+02:002010-04-30T06:28:27.166+02:00But now the Spanish housing market has effectively...But now the Spanish housing market has effectively collapsed, right? I still have trouble understanding what the mistakes Spain is making are and why Spain is in such a bad situation compared to the majority of other EU countries? Do you think that the EU would could even sustain Spain were it to collapse? Would they want it in the Eurozone? Other EU countries are hesitant to fund any kind of bail for Greece, and as you said Spain has an economy 7 times that size. Spain could really be a disaster, right?Anonymoushttps://www.blogger.com/profile/03289309481658622971noreply@blogger.com