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Poor Spain


unapalomablanca
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I just saw a feature on Sky news about Spain and Portugal. It's absolutely catastrophic for the spanish, youth unemployment is over 50% and the property crash and national debt are ruining everything. I heard someone say that the true price of a property isn't really known as the holders of the debt (the banks) are terrified that if the prices drop even more then the shares will just crash. I hate to see this happen to a great neighbour and ally of ours who were once one of the original empire builders. Who else feels sypathetic? p.s i am fully aware that the u.k. too has big problems.

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To be honest, I'm more worried about what it will mean for my Spanish mortgage. I am in negative equity, which isn't a problem as I don't intend to sell it, but what happens if their currency crashes?

 

It is so sad, they are in general nice people in a lovely part of the World, but they really are suffering at the moment, you see it everywhere.

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To be honest, I'm more worried about what it will mean for my Spanish mortgage. I am in negative equity, which isn't a problem as I don't intend to sell it, but what happens if their currency crashes?

 

It is so sad, they are in general nice people in a lovely part of the World, but they really are suffering at the moment, you see it everywhere.

I think you've just got to hang in there. Rent it out as much as possible if thats your cup of tea.

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Spain.... Great Neighbour.... ally.... did i blink and miss something? i fail to think of anything the spanish have given us in modern history.

Oh you again, the wind up merchant. Go take a long siesta, i suppose you are so cool you have never enjoyed their country but prefer places like tuscany. o.k. Yah!!!

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Spain.... Great Neighbour.... ally.... did i blink and miss something? i fail to think of anything the spanish have given us in modern history.

 

Britain backed Franco by only effectively enforcing the 1936 non-intervention treaty against the Republic during the civil war.

 

In return, Britain got a lot of very nice side by sides at a decent price about 40 years later. :lol:

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Truly sad state of affairs. After working in Gibraltar and living in Spain for a fair few years It saddens me to think how the country is now pretty much on its knees...

 

BUT........I am under no illusions that the Spanish government have to take most if not all of the blame, poor economic decisions, ridiculous public spending coupled with low taxes and an attitude of take take take from the EU have done them no favours.

As with all countries now in the mire it's the poor countrymen and taxpayers who have to graft and pull the economy out of the ertha kitt!!

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I think you've just got to hang in there. Rent it out as much as possible if thats your cup of tea.

 

 

That's the plan, we are affording it at the moment, and at some point it will get easier to rent...so much vacant property at the moment that it's a renters market, they are pushing the prices lower every year just to get SOME business.

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Spain.... Great Neighbour.... ally.... did i blink and miss something? i fail to think of anything the spanish have given us in modern history.

 

No, you are correct. Spain has been more of an enemy than an ally through the years. He's on another trolling expedition and factual ignorance is his forte.

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Oh you again, the wind up merchant. Go take a long siesta, i suppose you are so cool you have never enjoyed their country but prefer places like tuscany. o.k. Yah!!!

 

 

ooooh get you Missy, does baby need to take a nap?? don`t cry sweet prince. what`s being cool got to do with anything or even enjoying the country??? they are in the same poor state as a lot of other countries including ours, i fail to see what puts Spain on a pedal-stall above everyone else.

And for your information the only thing i enjoy about Spain is Salvador Dali.

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Spain.... Great Neighbour.... ally.... did i blink and miss something? i fail to think of anything the spanish have given us in modern history.

 

Syphillis, Plenty of easy military victories, even easier Naval ones, influenza, rubbish art, substandard wine... :hmm:

 

Dont start feeling sorry for the Spannish...Charity begins at Home. :yes:

Edited by Fisherman Mike
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ooooh get you Missy, does baby need to take a nap?? don`t cry sweet prince. what`s being cool got to do with anything or even enjoying the country??? they are in the same poor state as a lot of other countries including ours, i fail to see what puts Spain on a pedal-stall above everyone else.

And for your information the only thing i enjoy about Spain is Salvador Dali.

You see the smartarse bit always comes through, namely the salvador dali bit. You cant resist yourself.

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No, you are correct. Spain has been more of an enemy than an ally through the years. He's on another trolling expedition and factual ignorance is his forte.

UK poacher, If such an enemy why do so many brits live and holiday there, i really dont believe you think of them as an enemy now do you? Just time for you and your little buddy to have a pop.

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An awful lot of cheap fresh salad and soft fruit. I don't know the exact figures but would be very surprised if it was anything less than many billions of pounds worth.

I am a grower of the above so it certainly didn't do me any favours but as a nation we have had some very cheap food off them.

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