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can the e u continue?

barry luxton

By barry luxton
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barry luxton Member

barry luxton

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As i said in the title, can the e u continue, yup if the countries want a decade or more of paying back overspending etc. Mind you those countries within the e u bail out zone will have great difficulty in paying back the interest, let alone the capital. Wait till France overspends big time and it will. The new socilist dream team.

 

Spain should have heeded what Ireland got up to, instead they copied it on a far larger scale. Spain was pretty good at it's finances, just the same as the uk, until they decided to spend, spend, spend, just like the socilist uk. The bubble has burst, yet there are those who still can't see it. Ireland is still in trouble, knocking down brand new houses even. I remember well the last boom and bust. That time it was joe public getting on the housing speculative boom time at it's peak. This time it's the banks and institutions turn and those who are supposed to govern. Lessons learned. Na, they must be thick or something.

 

Gloating, na, Here we have an e u who's prime job is to pump out legislation after legislation to rule over us, unelected gravy train, yet can't legislate, move the goal posts quick enough to keep it's house in order.

 

just seen this, who's gonna continue taking the mickie out of the rich chancellor and continue with labours vision for the future, spend, spend, spend.

 

http://www.bbc.co.uk/news/uk-politics-18383804

 

 

Your turn big cod. :D

Edited by barry luxton

Free to choose apart from the ones where the trust poked their nose in. Common eel. tope. Bass and sea bream. All restricted.


New for 2016 TAT are the main instigators for the demise of the u k bass charter boat industry, where they went screaming off to parliament and for the first time assisting so called angling gurus set up bass take bans with the e u using rubbish exaggerated info collected by ices from anglers, they must be very proud.

Upgrade, the door has been closed with regards to anglers being linked to the e u superstate and the failed c f p. So TAT will no longer need to pay monies to the EAA anymore as that org is no longer relevant to the u k . Goodbye to the europeon anglers alliance and pathetic restrictions from the e u.

Angling is better than politics, ban politics from angling.

Consumer of bass. where is the evidence that the u k bass stock need angling trust protection. Why won't you work with your peers instead of castigating them. They have the answer.

Recipie's for mullet stew more than welcomed.

Angling sanitation trust and kent and sussex sea anglers org delete's and blocks rsa's alternative opinion on their face book site. Although they claim to rep all.

new for 2014. where is the evidence that the south coast bream stock need the angling trust? Your campaign has no evidence. Why won't you work with your peers, the inshore under tens? As opposed to alienating them? Angling trust failed big time re bait digging, even fish legal attempted to intervene and failed, all for what, nothing.

Looks like the sea angling reps have been coerced by the ifca's to compose sea angling strategy's that the ifca's at some stage will look at drafting into legislation to manage the rsa, because they like wasting tax payers money. That's without asking the rsa btw. You know who you are..

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Andrew Member

Andrew

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The Spanish government are stating its not a bail out, just a loan, oh yeah, and the Spanish are believing it, a country in denial, led by its government.

But if the Spaniards are that gullible and accept the empty words of the government, then so be it, who am i to disbelieve the Spanish government who are squeaky clean.

 

I wonder what will be next to side step from the monetary problems in Spain, who will be brought in to avert eye's away from the bail out of Spain.

I wonder if any of the GBP goes to the bail out.

 

Last year while at the place in Torrevieja we were amazed at how many building projects that had been abandoned, how many houses were up for sale, from both Torreviejan's and Ex Pats, how many businesses were closed.

I got chatting to a local builder and he was telling me about the banks.

 

A huge building project, apartments, and houses, was ground to a halt because the bank would not allow the builder more time for monetary repayments. And he was telling me about the amount of houses up for sale. People unable to repay the mortgage because of loss of jobs. I counted a dozen homes for sale. Both Ex Pats and Torreviejan's. A professional builder was reduced to doing odd jobs for home owners for buttons. !

 

We chatted with homeowner's and they were terrified of the future and what it would bring. Wether they would have a roof over their heads.

They were saying it as it is, and not hiding behind some smoke screen of denial.

Wonder whats in store when we go back shortly ? how many more empty homes, apartments and businesses. Time will tell.

Edited by Andrew

"La conclusión es que los insultos sólo perjudican cuando vienen de alguien que respeto". e5006689.gif

“Vescere bracis meis”

 

 

 

 

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captain cojones Member

captain cojones

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. Spain was pretty good at it's finances, just the same as the uk, until they decided to spend, spend, spend, just like the socilist uk.

 

Morning Baz :)

 

Still is pretty good, the problem is with around 30% of the banking sector, the ones as i said that were involved in property speculation, not the other70% or the economy on a more general level.

 

The money that will be used is a loan of course, and is paid back in exactly the same way as other financing would be.

 

It is just funding at a lower rate than would be obtained on the open markets.

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n4lly Member

n4lly

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80 Bil with no strings attached :o

 

Skills, respect, wish i could pull off some thing similar :mellow:

 

Hold up, that dont sound right :huh:

 

 

(The ROE and markets will be well interesting tomorrow morning)

1509tarpon_75_.gif
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captain cojones Member

captain cojones

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80 Bil with no strings attached :o

 

That is probably because they see it as it is....a refinancing of a certain section of the banking system, and not as a "general bailout" as of Greece etc. Substantial financial austerity measures were introduced quite some time ago.

 

As you rightly said earlier, the country itself is run with "good houekeeping".

 

We are waiting to see what is done to the directors of these 4 financial entities.

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Andrew Member

Andrew

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Strange thing for the Spanish PM to state when others are saying its not ! do others know better than the Spanish PM, would appear so.

 

Spain's prime minister has said a bailout of its banks will secure the "credibility of the euro", but stressed the move was just one of many steps needed to boost the country's economy.

The acceptance of aid is an embarrassment for prime minister Mariano Rajoy, who had said his country's banking sector would not need a bailout.

 

http://news.sky.com/home/world-news/article/16244703

"La conclusión es que los insultos sólo perjudican cuando vienen de alguien que respeto". e5006689.gif

“Vescere bracis meis”

 

 

 

 

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barry luxton Member

barry luxton

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Morning Baz :)

 

Still is pretty good, the problem is with around 30% of the banking sector, the ones as i said that were involved in property speculation, not the other70% or the economy on a more general level.

 

The money that will be used is a loan of course, and is paid back in exactly the same way as other financing would be.

 

It is just funding at a lower rate than would be obtained on the open markets.

 

Afternoon captain, sorry i havn't been too active, ru@@y too much work and not enough playtime. :D

 

Hopefully the Spanish problem is just that, lack of finance to a third of the banking system and not part of the overall contagion that the rest of europe appears to be struggling with. :thumbs:

Free to choose apart from the ones where the trust poked their nose in. Common eel. tope. Bass and sea bream. All restricted.


New for 2016 TAT are the main instigators for the demise of the u k bass charter boat industry, where they went screaming off to parliament and for the first time assisting so called angling gurus set up bass take bans with the e u using rubbish exaggerated info collected by ices from anglers, they must be very proud.

Upgrade, the door has been closed with regards to anglers being linked to the e u superstate and the failed c f p. So TAT will no longer need to pay monies to the EAA anymore as that org is no longer relevant to the u k . Goodbye to the europeon anglers alliance and pathetic restrictions from the e u.

Angling is better than politics, ban politics from angling.

Consumer of bass. where is the evidence that the u k bass stock need angling trust protection. Why won't you work with your peers instead of castigating them. They have the answer.

Recipie's for mullet stew more than welcomed.

Angling sanitation trust and kent and sussex sea anglers org delete's and blocks rsa's alternative opinion on their face book site. Although they claim to rep all.

new for 2014. where is the evidence that the south coast bream stock need the angling trust? Your campaign has no evidence. Why won't you work with your peers, the inshore under tens? As opposed to alienating them? Angling trust failed big time re bait digging, even fish legal attempted to intervene and failed, all for what, nothing.

Looks like the sea angling reps have been coerced by the ifca's to compose sea angling strategy's that the ifca's at some stage will look at drafting into legislation to manage the rsa, because they like wasting tax payers money. That's without asking the rsa btw. You know who you are..

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captain cojones Member

captain cojones

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Posted (edited)
Afternoon captain, sorry i havn't been too active, ru@@y too much work and not enough playtime. :D

 

Hopefully the Spanish problem is just that, lack of finance to a third of the banking system and not part of the overall contagion that the rest of europe appears to be struggling with. :thumbs:

 

Yes, there are many reports saying just that.

Most of the banking system is well run and financed.

 

The president of the government Mariano Rajoy is under pressure to investigate those running the former saving societies that came together to make up Bankia, who were the bank that have been the biggest problem.

 

http://www.bbc.co.uk/news/business-17549970

 

This explains it in a simple way.

Edited by captain cojones
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barry luxton Member

barry luxton

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Ain't over yet, don't look like it's enough and Italy will be next, as soon as the interest rates reach 7% that when the imf, e u bank and tom cobbly have to rally around and try and keep them sustainable. All them e u brains who are no doubt on a lot of wages and expences will have to up thier game to prevent it going down the pan and dragging everyone else with them. Cameron and the chancellor where right the weekend. Although you can scoff at the toffs. They ain't wrong.

 

http://www.bbc.co.uk/news/business-18405729

Free to choose apart from the ones where the trust poked their nose in. Common eel. tope. Bass and sea bream. All restricted.


New for 2016 TAT are the main instigators for the demise of the u k bass charter boat industry, where they went screaming off to parliament and for the first time assisting so called angling gurus set up bass take bans with the e u using rubbish exaggerated info collected by ices from anglers, they must be very proud.

Upgrade, the door has been closed with regards to anglers being linked to the e u superstate and the failed c f p. So TAT will no longer need to pay monies to the EAA anymore as that org is no longer relevant to the u k . Goodbye to the europeon anglers alliance and pathetic restrictions from the e u.

Angling is better than politics, ban politics from angling.

Consumer of bass. where is the evidence that the u k bass stock need angling trust protection. Why won't you work with your peers instead of castigating them. They have the answer.

Recipie's for mullet stew more than welcomed.

Angling sanitation trust and kent and sussex sea anglers org delete's and blocks rsa's alternative opinion on their face book site. Although they claim to rep all.

new for 2014. where is the evidence that the south coast bream stock need the angling trust? Your campaign has no evidence. Why won't you work with your peers, the inshore under tens? As opposed to alienating them? Angling trust failed big time re bait digging, even fish legal attempted to intervene and failed, all for what, nothing.

Looks like the sea angling reps have been coerced by the ifca's to compose sea angling strategy's that the ifca's at some stage will look at drafting into legislation to manage the rsa, because they like wasting tax payers money. That's without asking the rsa btw. You know who you are..

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