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Lateral Thinking » triple AAA http://www.lateralthinking.biz . Mon, 30 Jan 2012 18:07:46 +0000 en hourly 1 http://wordpress.org/?v=3.1 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

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 : “The latest news from Spain shows that the housing market downturn is gaining momentum as the economy enters recession. Further sharp falls [...]

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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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