Reply To: Spain and UK seem to be competing for biggest fall in ’09


Fuengi (Andrew)

I cna’t say who will suffer more but I will say this.

When it comes to the economic growth Spain seems more extreme than its neighbours. Whe thye are doing ok, Spain does very well. When they are struggling, Spain plunges.

The UKs strengh is its flexibility which many nations in europe don’t have, so although its going to be dire there, there should be a good chance of recovery as long as the government does not meddle too much.

Spains strength, is that there is alot of room for improvement. So they can make the improvements that the UK, germany, etc… had to make in the 80s % 90s to improve their economies.

EDIT. whether they make those improvements though…