Comments on: 9 Reasons Why Spain Is A Dead Economy Walking

By: spaniardfedup

spaniardfedup — Wed, 14 Dec 2011 20:15:19 +0000

Spain is a country of barbarian people. I will not cry for spain. Stupid country.

By: Dileep Kumar Saxena

Dileep Kumar Saxena — Sat, 21 Aug 2010 14:29:34 +0000

I think that the trio ( Greece, Portugal and Spain can come out of the crisis by organising foot ball World cup Boys and an olympic for below 18 age to activate and fill enthiasm in the younger generation to fight for the nation and build it again.

By: oooo_doob_oooo

oooo_doob_oooo — Fri, 25 Jun 2010 07:21:19 +0000

Consider this:
Drug money if funneled back into our lives instead of OUT of our lives would have lifted the world economies to not even BE in debts.

Drugs are so pervasive in every country they have to take a major portion of the blame. Next time you drive down your city streets just remember no matter how nice you “think” it looks, wwhere’s the covered walkways? Where’s the streetlights every couple of homes? Where’s the absence of chugholes? Where’s the city service we don’t have because 75% of city funds goes tto police departments who turnaround and don’t stop crime anyway? Where’s the many things we blindly accept to do without that we don’t have because the one big reason that such a tremendous amount of our city, state and national net worth is going into the hands of drug dealers south and NORTH of the border, and thats no way to stimulate an economy or pay off debts or increase standards of living@!!!

By: Rick

Rick — Sat, 19 Jun 2010 06:28:27 +0000

Left unchecked, parasites kill the host. The unions and welfare mobs have sucked the life out of Spain and it’s now time for both parasite and host to die.

By: Wil

Wil — Fri, 18 Jun 2010 14:43:55 +0000

There is in fact a solution to all this mess in the US. We have STATES, and each state is (or should be) a self-reliant entity. This is accomplished by chartering state banks and issuing credit OUTSIDE of the corrupt regional and federal reserve banking system (and the FDIC) as North Dakota did shortly after (1919) the Federal Reserve system was created in 1913.

You don’t have only two choices (austerity or stimulus). You have a third choice, and that is a state by state constitutional credit system which RESPONSIBLY lends to advance infrastructure maintenance. You don’t extend unemployment, you enable jobs. Everyone collecting unemployment–here’s a bus ticket to the gulf coast–you’re on the cleanup crew.

Beyond that, the states can revitalize this copuntry’s economy and state banks have assets–buildings, land, people, upon which to capitalize and lend.

It’s so simple. It’s been the solution a dozen times in the past. It’s working in North Dakota today – why doesn’t anuyone listen?

http://letthemfail.us

By: Jim McClarin

Jim McClarin — Fri, 18 Jun 2010 12:07:02 +0000

How do you prepare to survive global economic collapse? That’s what’s coming thanks to universal adoption of fiat currencies.

If the 10th largest economy in the world (Spain) fails, it will tear the EU apart. If the 7th largest economy in the world (California) collapses, it will wreck America. But challenging California for first to default are New York and Michigan, with a dozen other states very close on their heels.

My personal solution has been to buy property in a country with a high level of subsistence farming, where a large percentage of the population is accustomed to taking charge of their own sustenance. Cities will be death traps because they are so dependent on infrastructure and the infrastructure is so vulnerable to disruption.

By: Gerro

Gerro — Fri, 18 Jun 2010 10:12:55 +0000

Well since the whole world is in debt on corporate governmental and personal levels and debt forces almost all of us to keep working in ecologically destructive professions/jobs so that we don’t have time to produce what we need on a local level we are forced to consume from the corporations and the destruction continues. perhaps we could right off all debts on mass. this could be done from the roots up simply by everyone defaulting. we could have an international day of default where everyone cancels their direct debits and standing orders mortgage payments. and suppliers and providers default banks everyone and we all stop and take stock of what we actually have left to cherish in life and on this earth… perhaps we could redistribute corporate wealth so that we pass the power and wealth up to the people and operate in a new free market based on sustainable practices that incorporate the need we as people have for eco systems and land we can grow food in. we can change but only if we give up compliance with the notion of debt. debt is like guilt it keeps us down and it drags on us from the past and ties us down into the future. actually what we owe ourselves is a bright conscious present moment and that requires everyone to have the means to self support and sustain themselves in an educated modern society with everyone invited to take part in the government of this world. i suspect that our addiction to the drug of borrowing and owing and destroying will carry us down into madness and despair before we can then climb out of the wreckage of this drunk driving society, perhaps the carnage will wake us up!

By: Joe

Joe — Fri, 18 Jun 2010 01:07:22 +0000

the main problem is that the house price bubble is not deflating fast enough.
Only when the ridiculous overinflated house prices drop way below the y2k level Spain can restart the housing jobs. But with 1.6 mio not sold units in the line that will take a long time. In the moment the Banks would have to put the real worth of the houses in their books Spain would collaps instantly.

By: Augustine

Augustine — Thu, 17 Jun 2010 22:10:58 +0000

Well, guess who's waist deep in Spain debt? http://img294.imageshack.us/img294/7996/pigsx.png Yep, US banks. So now you know why the US Treasury was eager to get into swap agreements with the ECB: bail American banks out, yet again!

By: jox

jox — Wed, 16 Jun 2010 22:03:31 +0000

I realise that a lot of people enjoy shooting against latin countries (a lot of anglosaxon people, that is). But the situation here is not as bad as you paint it. We’ll see UK and probably USA fall before and deeper than Spain.