Greece, Portugal then Spain?

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  • DateDoc
    Outside looking in.
    • Feb 2005
    • 14243

    #1

    Greece, Portugal then Spain?

    Greece's credit rating was downgraded to junk by the S&P.
    Portugal was downgraded two levels.
    Germany does not want to put in the cash to help Greece unless stipulations are met.
    Spain is having trouble and if it needs a bailout it is doubtful the Eurozone would have enough funding to bail Spain out after Greece & Portugal.
    The Dollar is continuing to strengthen against the Euro. That must make European webmasters happy.

    How are housing prices? Might be almost time to move back to Europe!
  • David!
    By the wrath of Agamemnon
    • Apr 2004
    • 6501

    #2
    Real estate prices in major European cities are not really moving. Belgium might be next...
    .

    Comment

    • DateDoc
      Outside looking in.
      • Feb 2005
      • 14243

      #3
      I'd probably want to live near Bordeaux, Burgundy or somewhere near the South of France. I have family in Zurich & London.

      Comment

      • cwd
        Confirmed User
        • Feb 2006
        • 1955

        #4
        How bad is this going to get?

        Comment

        • David!
          By the wrath of Agamemnon
          • Apr 2004
          • 6501

          #5
          Originally posted by DateDoc
          I'd probably want to live near Bordeaux, Burgundy or somewhere near the South of France. I have family in Zurich & London.
          Not a bad place to own property, but you need to drop a large sum of Euros to get something nice!
          .

          Comment

          • DateDoc
            Outside looking in.
            • Feb 2005
            • 14243

            #6
            Originally posted by cwd
            How bad is this going to get?
            It is not looking good. Spain may end up being able to make it without a huge bailout but if they need a bailout it will make things horrible for a while.

            Comment

            • cardinalvices
              Confirmed User
              • Dec 2006
              • 2084

              #7
              It isn't going to get any worse. Judging by the information from Exchanges we are facing the bottom right now. In fact in some EU countries you can even see growth in real estate sales over the last 3-4 months.

              Comment

              • redwhiteandblue
                Bollocks
                • Jun 2007
                • 2785

                #8
                Can anyone say "double dip"?
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                Comment

                • Ethersync
                  Confirmed User
                  • Mar 2008
                  • 5289

                  #9
                  Originally posted by cardinalvices
                  It isn't going to get any worse. Judging by the information from Exchanges we are facing the bottom right now. In fact in some EU countries you can even see growth in real estate sales over the last 3-4 months.
                  The best ePassporte replacement I have found: OKPAY

                  Comment

                  • mayabong
                    Confirmed User
                    • Jan 2010
                    • 1952

                    #10
                    All these crisis' are planned. Every time something like this happens, things get more consolidated and the people at the top get more and more power.
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                    • pimpware
                      Confirmed User
                      • Jan 2006
                      • 1673

                      #11
                      Originally posted by DateDoc
                      The Dollar is continuing to strengthen against the Euro. That must make European webmasters happy.
                      Hell yeah

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                      Comment

                      • L-Pink
                        working on my tan
                        • Mar 2005
                        • 39151

                        #12
                        That sucks, glad I live in a financially responsible country like the US.


                        .

                        Comment

                        • Konkan
                          Confirmed User
                          • Jun 2008
                          • 3537

                          #13
                          Originally posted by DateDoc
                          The Dollar is continuing to strengthen against the Euro. That must make European webmasters happy.
                          Wish to happened soon.Very soon
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                          Comment

                          • DateDoc
                            Outside looking in.
                            • Feb 2005
                            • 14243

                            #14
                            Spain's credit rating was downgraded today - http://news.yahoo.com/s/ap/20100428/...nancial_crisis

                            Comment

                            • Lykos
                              Too lazy to set a custom title
                              • Apr 2003
                              • 31027

                              #15
                              Could be the route how will Europe go down

                              Comment

                              • mgtarheels
                                Confirmed User
                                • Mar 2010
                                • 1317

                                #16
                                1:1.3 now. far cry from 1:1.7 a few months ago.

                                Comment

                                • Antonio
                                  Too lazy to set a custom title
                                  • Oct 2001
                                  • 14136

                                  #17
                                  Originally posted by cwd
                                  How bad is this going to get?
                                  not going to get bad at all; Greece will get bailed out and that will put the end of these latest develpments


                                  in the long run the dollar should still get stronger though

                                  Comment

                                  • Tasty1
                                    Bla bla blaa
                                    • Jan 2005
                                    • 9529

                                    #18
                                    It is going to be bad. France, the Uk, Dutch, German have lent billions of dollars to Greece. If that money won't come back than all countries have to save more money. If they lent more money, they also have to lent more money and then give it to Greece.

                                    And Holland has already a big national debt. In Greece they want people to work till they are 63 (it is now 61). In Holland we have to work till we are 67 since this year. So we are not willing to support their early retirements.

                                    But i think they will give money to Greece (just like they did to iceland) and we'll never see it back. Greece was great for Holidays, but when the joined the euro it get expensive. So Turkey became the new holiday destination for a lot of dutchman.

                                    House prices are pretty stable cause less people are moving and stay where they are. If you have to sell your house you sometimes get less. Now people i know have 2 houses cause one can't be sold for more than 2 years. And in Holland you have a good unemployments sytem for 2 years. After that you have to sell your house. That will happen next year.

                                    Best thing to do, spread your money in dollars and yen and wait till the euro drops. Than you can pay off your mortgage with monopoly money.
                                    Last edited by Tasty1; 04-28-2010, 03:37 PM.

                                    everything is fake

                                    Comment

                                    • mayabong
                                      Confirmed User
                                      • Jan 2010
                                      • 1952

                                      #19
                                      I blame jews

                                      20. Economic crises have been producer by us for the GOYIM (cattle) by no other means than the withdrawal of money from circulation. Huge capitals have stagnated, withdrawing money from States, which were constantly obliged to apply to those same stagnant capitals for loans. These loans burdened the finances of the State with the payment of interest and made them the bond slaves of these capitals .... The concentration of industry in the hands of capitalists out of the hands of small masters has drained away all the juices of the peoples and with them also the States ....

                                      -Protocols of Zion

                                      Henry Ford thought they were so important and scary that he gave a copy out with each new Ford. ;)
                                      Last edited by mayabong; 04-28-2010, 05:07 PM.
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                                      Comment

                                      • stever
                                        Confirmed User
                                        • Jul 2005
                                        • 1716

                                        #20
                                        damn to think the once rulers of the world GREECE
                                        has gone to total shit
                                        pretty sad


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                                        Comment

                                        • BIGTYMER
                                          Junior Achiever
                                          • Nov 2004
                                          • 17066

                                          #21
                                          Originally posted by mayabong
                                          I blame jews
                                          All I did was read the thread title and when I saw your post I knew without a doubt it would be anti-jew related.

                                          Comment

                                          • slavdogg
                                            Confirmed User
                                            • Jan 2001
                                            • 3570

                                            #22
                                            i'm sure russians and arabs central banks are crying right about now
                                            after moving away from the dollars

                                            and i'm dancing naked in the rain celebrating
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                                            Comment

                                            • mayabong
                                              Confirmed User
                                              • Jan 2010
                                              • 1952

                                              #23
                                              Originally posted by BIGTYMER
                                              All I did was read the thread title and when I saw your post I knew without a doubt it would be anti-jew related.
                                              Well, they are at the top of all these banks.. Would it be smarter to blame blacks?

                                              P.S. 2 of my biggest heroes are Jewish, Jack Bernsteen and Benjamin Freedman.
                                              Last edited by mayabong; 04-28-2010, 09:12 PM.
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                                              Comment

                                              • RummyBoy
                                                Confirmed User
                                                • Dec 2009
                                                • 2157

                                                #24
                                                most economists consider spain too big to bail out.... its 4 times bigger economy than greece

                                                Comment

                                                • nolongerexists
                                                  Confirmed User
                                                  • Apr 2003
                                                  • 1096

                                                  #25
                                                  welcome to 4 months ago.. :-)
                                                  dont worry a little war here and there would probably help those poor countries
                                                  work smart not hard ;)

                                                  Comment

                                                  • LoveSandra
                                                    So Fucking Banned
                                                    • Aug 2008
                                                    • 10551

                                                    #26
                                                    it sucks

                                                    Comment

                                                    • emjay
                                                      Confirmed User
                                                      • Dec 2004
                                                      • 4280

                                                      #27
                                                      Originally posted by stever
                                                      damn to think the once rulers of the world GREECE
                                                      has gone to total shit
                                                      pretty sad
                                                      Indeed, 3 dead during rioting in the streets today
                                                      http://www.timesonline.co.uk/tol/new...cle7116511.ece
                                                      I Run 500+ WhatsApp Groups. The Zuck Owns Me
                                                      www.emjayconsultancy.com

                                                      Comment

                                                      • theking
                                                        Nice Kitty
                                                        • Sep 2002
                                                        • 21053

                                                        #28
                                                        Originally posted by mayabong
                                                        All these crisis' are planned. Every time something like this happens, things get more consolidated and the people at the top get more and more power.
                                                        Pigshit.
                                                        When you're running down my country hoss...you're walking on the fighting side of me!

                                                        FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.html

                                                        Comment

                                                        • theking
                                                          Nice Kitty
                                                          • Sep 2002
                                                          • 21053

                                                          #29
                                                          Originally posted by mayabong
                                                          I blame jews

                                                          20. Economic crises have been producer by us for the GOYIM (cattle) by no other means than the withdrawal of money from circulation. Huge capitals have stagnated, withdrawing money from States, which were constantly obliged to apply to those same stagnant capitals for loans. These loans burdened the finances of the State with the payment of interest and made them the bond slaves of these capitals .... The concentration of industry in the hands of capitalists out of the hands of small masters has drained away all the juices of the peoples and with them also the States ....

                                                          -Protocols of Zion

                                                          Henry Ford thought they were so important and scary that he gave a copy out with each new Ford. ;)
                                                          Of course you blame Jews...that is a given.
                                                          When you're running down my country hoss...you're walking on the fighting side of me!

                                                          FOR THE LYING LOWLIFE POSTING AS PATHFINDER...http://gfy.com/fucking-around-and-pr...athfinder.html

                                                          Comment

                                                          • DateDoc
                                                            Outside looking in.
                                                            • Feb 2005
                                                            • 14243

                                                            #30
                                                            Originally posted by emjay
                                                            Indeed, 3 dead during rioting in the streets today
                                                            http://www.timesonline.co.uk/tol/new...cle7116511.ece
                                                            that sucks!

                                                            Comment

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