Archived posting to the Leica Users Group, 2013/02/24
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Well, I'm not a golf fan, so have my eyes on property in another distressed European country, one farther South with lots of sun and nice Mediterranean beaches :-). Good time to go fishing in distressed property markets, I agree. BTW it would be surprising - debt restructuring or not - if the Irish economy improves while austerity measures are still in place. -----Original Message----- From: lug-bounces+alal=poly.edu at leica-users.org [mailto:lug-bounces+alal=poly.edu at leica-users.org] On Behalf Of Jayanand Govindaraj Sent: 24 February 2013 12:38 To: Leica Users Group Subject: Re: [Leica] Spain's Economic Collapse Their debt has just been drastically restructured which will take a lot of the debt-service strain off the country's finances. Wait for a year or two. IMHO, a good time to start looking at investments there, especially rentable property around the legendary golf courses. Cheers Jayanand Sent from my iPad On 24-Feb-2013, at 11:00 PM, "Akhil Lal" <alal at poly.edu> wrote: > Just curious, normalcy in what way? > > Unemployment is still around 14.5%, with virtually no GDP growth. > > -----Original Message----- > From: lug-bounces+alal=poly.edu at leica-users.org > [mailto:lug-bounces+alal=poly.edu at leica-users.org] On Behalf Of > Jayanand Govindaraj > Sent: 24 February 2013 11:52 > To: Leica Users Group > Subject: Re: [Leica] Spain's Economic Collapse > > Italy is already in this state. The only one inching back to normalcy is > Ireland, whose debt has been surreptitiously monetized through the back > door by the EU. > Cheers > Jayanand > > Sent from my iPad > > On 24-Feb-2013, at 9:25 PM, Lluis Ripoll <lluisripollquerol at gmail.com> > wrote: > >> or maybe Italy? >> >> Cheers >> Lluis >> >> >> >> El 24/02/2013, a las 16:42, Jayanand Govindaraj escribi?: >> >>> IMHO, next in line is France. >>> Cheers >>> Jayanand >>> >>> On Sun, Feb 24, 2013 at 3:42 PM, Richard Man <richard at >>> richardmanphoto.com>wrote: >>> >>>>> From the New Yorker. Any thoughts from Nathan, Lluis etc.? >>>> >>>> < >>>> >>>> http://www.newyorker.com/online/blogs/photobooth/2013/02/slide-show-simon-norfolk-photos-of-spains-economic-collapse.html >>>> >>>> Hmm... I guess Chinese construction workers worked at some of the >>>> facility? >>>> One picture has Chinese graffiti on the wall... >>>> >>>> >>>> -- >>>> // richard <http://www.richardmanphoto.com> > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information _______________________________________________ Leica Users Group. See http://leica-users.org/mailman/listinfo/lug for more information