In these days of economic turmoil, continuing news about what is upon us. The "get ready we have not seen the worst," I think it is probably redundant and superficial, give my opinion on the subject. I'm certainly very unoriginal. And yet I'll do it and basically for one reason. It reflected my interest in writing what I think and this is my particular forum for that is.
If something really surprised me in everything that is happening, is the speed with which events and symptoms occur. In a sim il automovilístic we are driving or seat belt in the chest by the slowdown that we suffer. Myself that I have long known that the bubble would burst at one time or another, never imagined that in just over two months may change an economic environment as it is doing.
Earlier this year there was talk of concepts away the consumer and the mortgage crisis in U.S. sub-prime, or potential risk increases proposed by the European Central Bank. Today it has been superseded and what we talked about it in our pockets, our work and our floor.
Construction is complete halt. The banking crisis has not really leaning but it is clear that appear and I fear that so shocking in the next twelve months. Private consumption is falling at times and the signals they transmit large companies are at least very worrying. See but the urgency of Iberia-British merger that takes years but never got analyzed and examples there are many every day.
Unfortunately, I receive well-informed news of plant closures very significant multinational production in Spain. The rising unemployment rate soars at times and reminds me smile (ironic) that I did when a little over a month or month and a half, Corbacho Minister accepted that at the end of the year this rate would be closer to 11% that 10%. (!) The omens are not good. More so when we see that there are no specific packages from the government in what is upon us. Then there will be wailing, but never responsibility. And I must be catastrophic. But I see that the level bad debt begins to grow, templates to regularize, to tighten their belts further, in general, which is, we have not experienced before and I fear it will be longer than the politicians say they are less appropriate to speak now. Time.
If something really surprised me in everything that is happening, is the speed with which events and symptoms occur. In a sim il automovilístic we are driving or seat belt in the chest by the slowdown that we suffer. Myself that I have long known that the bubble would burst at one time or another, never imagined that in just over two months may change an economic environment as it is doing.
Earlier this year there was talk of concepts away the consumer and the mortgage crisis in U.S. sub-prime, or potential risk increases proposed by the European Central Bank. Today it has been superseded and what we talked about it in our pockets, our work and our floor.
Construction is complete halt. The banking crisis has not really leaning but it is clear that appear and I fear that so shocking in the next twelve months. Private consumption is falling at times and the signals they transmit large companies are at least very worrying. See but the urgency of Iberia-British merger that takes years but never got analyzed and examples there are many every day.
Unfortunately, I receive well-informed news of plant closures very significant multinational production in Spain. The rising unemployment rate soars at times and reminds me smile (ironic) that I did when a little over a month or month and a half, Corbacho Minister accepted that at the end of the year this rate would be closer to 11% that 10%. (!) The omens are not good. More so when we see that there are no specific packages from the government in what is upon us. Then there will be wailing, but never responsibility. And I must be catastrophic. But I see that the level bad debt begins to grow, templates to regularize, to tighten their belts further, in general, which is, we have not experienced before and I fear it will be longer than the politicians say they are less appropriate to speak now. Time.
(photo: http://lacomunidad.elpais.com)
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