Sunday 3 April 2011

Pain - Spain - No Gain

http://www.guardian.co.uk/world/2011/mar/30/spain-unemployed-under-30-emigration?CMP=twt_gu

This is one of the reason why I think the Euro will crash

There is no easy way this mess is going to get resolved

The ECB can pump and print as much as it can

You have to solve the unemployment issue
There is no escape from this problem

In my view Spain is the next in line after Portugal this year or next

There is no way the IBEX can be above 10,000.
I would like to see it near 2008-09 lows or may be below 5000 for sure

And we will
It is only a matter of time


No comments:

Post a Comment