Lateral Thinking » triple AAA http://www.lateralthinking.biz Value added Tue, 20 Jul 2010 00:40:50 +0000 http://wordpress.org/?v=2.8 en hourly 1 Spanish Economy : the Fiesta is over http://www.lateralthinking.biz/spanish-economy-the-fiesta-is-over.html http://www.lateralthinking.biz/spanish-economy-the-fiesta-is-over.html#comments Fri, 16 Jan 2009 14:32:35 +0000 mvalls http://www.lateralthinking.biz/?p=9 The Fiesta is over

I want to share with you a few graphics to try to understand what is happening with the Economy in Spain because I think that the the reality has not been told :

imagen-1

“The latest news from Spain shows that the housing market downturn is gaining momentum as the 

economy enters recession. Further sharp falls over the coming quarters are inevitable and we 

expect house prices to fall by at least one third from peak to trough. ” ( Capital Economics ).

 

Besides that info, SP is saying that Spanish DEBT can be downgraded from AAA to AA.

Why nobody is telling us the truth about Spanish Economy ???

 


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