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

#89992

Anonymous
Participant

@peter Good wrote:

If the majority opinion is here is to be proven right, what areas of Spains industrial and financial sectors will start to crack first.?

Spain (as also most of mailand Europe) are just lagging by about 6-12 months behind UK in the unravelling disaster.

UK will start to recover before Spain hits the bottom (I have no idea when the recovery starts).

http://www.telegraph.co.uk/finance/financetopics/recession/4448598/Spains-downward-spiral-spooks-bond-investors.html