Re: Re: What Effect On Spanish Property Prices, If,



Reading between the lines, apart from high interest rates on Gov’t Bonds, why are the Chinese, Japanese and Uncle Tom (Cobbly) so keen to support Portugal, Spain and the Euro?

Because they are scared sh

s, far more worried about the effects of letting Sovereign Debt get out of hand because of their own interests and worldwide trade. There was a time when such current supporters would never have got involved. No-one talks anymore of millions or 100’s of millions, it’s billions and more. It’s all about greed and self-interest now, plus the Chinese especially whilst growing so large economically, appear to want more say not only in Africa, but now it seems the World including Europe.

Was it Napoleon (not sure) who warned of far Eastern domination? 🙄