many spaniards believe that it is wrong that swedish, british , scottish ppl, leave their country and with their strong currency buy properties and enjoy life under the sun, pushing up inflation and property value, while native spaniards are struggling to make a living..europian union was not designed for misusing others ..
cloud747: many spaniards believe that it is wrong that swedish, british , scottish ppl, leave their country and with their strong currency buy properties and enjoy life under the sun, pushing up inflation and property value, while native spaniards are struggling to make a living..europian union was not designed for misusing others ..
Have you, not they you, ever thought how much we expats actually spend here, helping to keep the economy bouyant, and providing employment for them?
Platino: Have you, not they you, ever thought how much we expats actually spend here, helping to keep the economy bouyant, and providing employment for them?
Platino: Have you, not they you, ever thought how much we expats actually spend here, helping to keep the economy bouyant, and providing employment for them?
u buy property and spend some money on food and booz..u dont invest there do u? and with spanish money devaluating u r having the time of ur life
cloud747: u buy property and spend some money on food and booz..u dont invest there do u? and with spanish money devaluating u r having the time of ur life
I work for a company out of Spain, my salary is paid here, so I spend my money here, not earn it here, I pay my taxes here, I don't drink alcohol at all, regardless of the fact you have told me this thread is not meant for me.
I bought a new villa, built by a Spanish company, with money from outside Spain, and I do have money invested here.
Any more silly comments, about which you appear to know nothing?
cloud747: many spaniards believe that it is wrong that swedish, british , scottish ppl, leave their country and with their strong currency buy properties and enjoy life under the sun, pushing up inflation and property value, while native spaniards are struggling to make a living..europian union was not designed for misusing others ..
I think you'll find that they are investing and spending money in Spain, not using the system, getting benefits etc, as they have pensions or work "at home".
As for using systems, I blame that on our new countrymen from outside the EU.
You are an Iranian, living in Tehran, was it? Why are you worried about what ex-pats do in Spain? Ah, yes, you're concerned about the state of the world. Where were you when I posted about 9 year old girls having to marry in Iran? Sweep your own front door before attacking others.
Platino: I work for a company out of Spain, my salary is paid here, so I spend my money here, not earn it here, I pay my taxes here, I don't drink alcohol at all, regardless of the fact you have told me this thread is not meant for me.
I bought a new villa, built by a Spanish company, with money from outside Spain, and I do have money invested here.
Any more silly comments, about which you appear to know nothing?
this is general thread , not particularly about u.. anyway spaniards don't like to see foreigners having a good time while they go hungry and jobless..
cloud747: this is general thread , not particularly about u.. anyway spaniards don't like to see foreigners having a good time while they go hungry and jobless..
What makes you think we 'foreigners' are having a good time here? many are leaving, no work for them, pensions not stretching to meet bills anymore.
Please stop post such rubbish or at least come up with something worthwhile.
cloud747: not some blame, but all.. spain used to be a peaceful rosperous country..look wat happened after joining the eu
yes! look what happened, and joining the EU was not the problem, joining the Euro was the problem, and Spain, like so many other countries in the Euro Zone, lied and falsified their worth to be admitted.
cloud747: this is general thread , not particularly about u.. anyway spaniards don't like to see foreigners having a good time while they go hungry and jobless..
probably will find jobless, but not people hungry around here.
The issue of pushing up housing prices due to foreign owners comes from before the current situation. And it´s not their fault, even when in some touristic places the native people must go to live to cheapest zones. There are a lot of empty houses here and a lot of spanish/foreign speculators who want to sell to anyone ready to pay what they want.
Rumple4skinStoke-on-Trent, Staffordshire, England UK980 posts
Platino: Which fantastic roads are we talking about? two lane autovias? or the ones complete with bridges which have collapsed in the weather we had over the last weekend? Our only entry/exit is a road bridge, which is no more, the army kindly gravelled part of a pass over the mountains to allow us a way to the shops which in the next rains will once more be impassable. Most of the roads are crumbling at the edges.
I remember looking at their motorways and thinking this is nothing like what we see in Greece, which is a fairly equivalent country. I said this to my mates at the time, although why I was looking at the quality of the tarmac when I was supposed to be going on a club 18-30 holiday is just.. well, mental.
But this is kind of my point when you think about it. They had an infrastructure once, which could have supported a prosperous real economy that involved making things, instead they ventured down the tourism route and neglected the infrastructure and productive parts of the economy because sun & sandy beaches require next to no maintenance.
Platino: Which fantastic roads are we talking about? two lane autovias? or the ones complete with bridges which have collapsed in the weather we had over the last weekend? Our only entry/exit is a road bridge, which is no more, the army kindly gravelled part of a pass over the mountains to allow us a way to the shops which in the next rains will once more be impassable. Most of the roads are crumbling at the edges.
if it is so bad you make fun of them, why r u living there and using their free sunshine?
cloud747: this is general thread , not particularly about u.. anyway spaniards don't like to see foreigners having a good time while they go hungry and jobless..
How would you know?? What "insider" information are you basing this on?
The following are 22 signs that the collapsing Spanish economy is heading into a great depression....
#1 The unemployment rate in Spain has reached 24.4 percent - a new all-time record high. Back in April 2007, the unemployment rate in Spain was only 7.9 percent.
#2 The unemployment rate in Spain is now higher than the U.S. unemployment rate was during any point during the Great Depression of the 1930s.
#3 According to CNBC, some analysts are projecting that the unemployment rate in Spain is going to go above 30 percent.
#4 The unemployment rate for those under the age of 25 in Spain is now a whopping 52 percent.
#5 There are more than 47 million people living in Spain today. Only about 17 million of them have jobs.
#6 Retail sales in Spain have declined for 21 months in a row.
#7 The Bank of Spain has officially confirmed that Spain has already entered another recession.
#8 Last week, Standard & Poor's Ratings Services slashed Spain's credit rating from A to BBB+.
#9 The yield on 10-year Spanish bonds is up around 6 percent again. That is considered to be very dangerous territory.
#10 Two of Spain's biggest banks have announced that they are going to stop increasing their holdings of Spanish government debt.
#11 Of all the loans held by Spanish banks, 8.15 percent are considered to be "bad loans".
#12 The total value of all bad loans in Spain is equivalent to approximately 13 percent of Spanish GDP.
#13 Of all real estate assets held by Spanish banks, more than 50 percent of them are considered to be "troubled" by the Spanish government.
#14 That total amount of money loaned out by Spanish banks is equivalent to approximately 170 percent of Spanish GDP.
#15 Home prices in Spain fell by 11.2 percent last year, and the number of property repossessions in Spain rose by a staggering 32 percent during 2011.
#16 Spanish housing prices are now down 25 percent from the peak of the housing market and Citibank's Willem Buiter expects the eventual decline to be somewhere around 60 percent.
#17 It is being projected the the economy of Spain will shrink by 1.7 percent this year, although there are some analysts that feel that projection is way too optimistic.
#18 The Spanish government has announced a ban on all cash transactions larger than 2,500 euros.
#19 One key Spanish stock index has already fallen by more than 19 percent so far this year.
#20 The Spanish government recently admitted that its 2011 budget deficit was much larger than originally projected and that it probably will not meet its budget targets for 2012 either.
#21 Spain's debt to GDP ratio is projected to rise by more than 11 percent during 2012.
#22 Worldwide exposure to Spanish debt is estimated to be well over a trillion euros.
Spain is going down the exact same road that Greece went down.
So, how is the collapse the result of ex-pats living there spending money?
It is best not to rely on unemployment rates reported, as there is much underground economy (although I think that is one more cause of the Spanish crisis).
GUZMAN1: It is best not to rely on unemployment rates reported, as there is much underground economy (although I think that is one more cause of the Spanish crisis).
usually the Underground-Economy props up the "Official" one! If it weren't for it,People would have gone on the Street long ago!
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