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Viva Espana Get Your Pesetas Out Now Hombres
BARCELONA – Spain – What would Picasso have thought about the euro? Maybe what is going to transpire soon in the country of bullfighting tapas eating Spaniards will be reminiscent of Picasso’s greatest piece Guernica.
“If you are a British expat, get your money out yesterday, if you are Spanish, get your money out sooner than yesterday, if you have a property in Spain, try and sell it, although I’m afraid you may be mierda out of luck with that idea, how can you sell something that is pretty much worthless now and will be even more worthless soon when the debt maelstrom hits?” an insider from the Spanish Finance Ministry told a Spanish business journal.
What happened in Cyprus is destined to happen in Spain soon therefore it seems the wheel of misfortune turns its weary cycle over the troublesome euro waters daily, churning away leaving frothing sewage water in its cumbersome wake.
As the Eurogroup President, Jeroen Dijsselbloem said, that “if necessary the uninsured deposit holders” will be gored by the bull’s horns and thus there is the rub, there is no chivalry left in Espana as Don Quixote has been kicked firmly in the cojones by his trusty squire’s donkey; Picasso would surely have crafted a diabolical sculpture of a deformed woman to represent the broken euro and Salvador Dali would have simply shat in a purple bucket standing on top of a lobster, as for Gaudi, his representation of the euro would be a pile of ceramic rubble.
“Spain is the big one for the euro. When Spain’s banks need to be recapitalised again, you can simply kiss your bank deposit goodbye. Especially with Spain’s unemployment currently at 26.7% things are definitely not getting better for people. There may very well be real bloodshed when the country’s economy collapses completely under its soon to be massive 110% gross debt of GDP,” an economist said from the UK.
32,500 Spanish families put their house – Financial crisis
In Spain last year more than 32,000 families lost the roof over their head because they could not repay. Monthly mortgage According to figures from the Bank of Spain.
The Spanish central bank was last year seized 39 167 homes. In 32,490 of them involved the permanent home services. The rest are holiday homes and homes for rent. It is estimated that since the beginning of the crisis in 2008, some 400,000 homes in Spain were seized. Taken Suicide and protests in Spain have been large demonstrations against the controversial evictions. According to media reports, several people who were put out of the house, committed suicide.
via 32,500 Spanish families put their house – Financial crisis – De Morgen.
via 32,500 Spanish families put their house – Financial crisis – De Morgen.
Miss Ireland Knows
I heard it on the radio
That we’re improvised once again
I heard it on the radio
That
Miss Ireland knows
Cause she can’t buy
Any clothes
Oh
Miss Ireland Knows
The boys from sprout are here to foreclose
And move us to a land undisclosed
And those that stay will have to pay
A penal penalty dear
For Miss Ireland knows
The country is short on dough
Cause she can’t buy any clothes
Oh Miss Island knows
The Govermnent calls on the Telephone
Ireland calling sprout Zone
Ireland calling
The meltdown has come
Fill the bowl
Fill the bowl
For the money is gone
And the Tombstones of the poor
Have disappeared
To be sold in Kenmare
For miss Ireland knows
The country is short on dough
Cause she can’t buy any clothes
Oh
Miss Ireland knows
The men are drinking pints of bitter tears
And tasting the ashes of decay and arrears
Verbalizing into unhearing ears
Coursing through their veins are cries of desperation
Witnessing the closing doors of desolation
Oh how the river cascades full of trials and tribulations
Oh how the river flows
Deep down in their souls
They know fear is on the march
For they are afflicted by a fiscal tightrope
From whose scorn their is no hope
Can they escape to grow old?
Without the serfdom of being controlled
Let’s have revolution
Let’s have a new constitution
Let’s flee through the trap door
To find the allure
Of The elusive Cote D’Or
All that my friends
Is true
For
Miss Ireland knows
The country is short on dough
Cause she can’t buy
Any clothss
Oh
Miss Ireland Knows
Ireland will have to depend on emigrants for funds
The specter of the immigrant ship lies in wait once again according to Martin Hughes.
Mr. Hughes a leading financial expert has warned that Ireland’s enfeebled economy will soon be dependent on payments sent homes by emigrants.
He is predicting that by 2020, the collapse of the economy will force emigration to levels that will see the country’s population drop to figures last seen in 2004 that in turn will pull down consumption levels and real estate prices.
“The new norm for Ireland and others across Europe will be quite literally living on reduced means and relying on a quite different economic model from their recent pasts.
“Quite different but not, we must add, altogether new. Having not depended on remittances for many decades, Ireland, like Portugal, will come to rely on these once more.”
If this grim scenario is true, it would seem like we are wasting our time repaying the bankers debts. Perhaps the better option is to repudiate the debts and suffer on our own terms. This option might be a brutal but swifter option in getting the country back on a firm financial basis.
Whatever the case it looks like a return to the sad,bad old days of the 50’s where Ireland depended on immigrant money to keep the country ticking over
Hogan highlights growth areas for Kilkenny
Areas of potential growth for Kilkenny were the subject of a recent address by Environment Minister Phil Hogan to the Kilkenny Rotary Club.
On the subject of food and tourism, the minister emphasised that while Kilkenny has a strong reputation as a food and tourism destination, “we cannot stand still” and this is the time to take that reputation a step further. Developing Kilkenny in this sector requires well planned and iconic projects in the city, centred on the river Nore and the city’s many medieval locations.
Retail regeneration is also something that could give a boost to the city, as “we now have a once-in-a-lifetime opportunity with the availability of the brewery site and the old mart site,” according to the minister. These sites, he said “would be ideal locations for new international brands to bring back customers that Kilkenny have lost to other regional centres.”
via Hogan highlights growth areas for Kilkenny – Business – Kilkenny People.
via Hogan highlights growth areas for Kilkenny – Business – Kilkenny People.
