Re: Re: Spains Looming Bust Will Hurt the Rest of Europe

#76795
Anonymous
Participant

@Ponzi wrote:

Bloomberg suggest that the Spanish economy is in a perlious state.

“Spain will boom ahead until it collapses under its own
weight,” warned Charles Dumas, head of international research at
the London-based consulting firm Lombard Street Research at a
seminar last week. “When it will happen I don’t know, but it
will be pretty unpleasant when it does.”

http://quote.bloomberg.com/apps/news?pid=10000039&refer=columnist_lynn&sid=amxKQh9WmdSI

Has Dumas’s prediction come to pass?