PDA

View Full Version : Portuguese economy follows Greece into death spiral



sasguru
7th February 2012, 17:08
Debt, austerity and recession threaten slow death for bailed-out Portugal’s economy - The Washington Post (http://www.washingtonpost.com/business/economy/debt-austerity-and-recession-threaten-slow-death-for-bailed-out-portugals-economy/2012/02/02/gIQAjkzOkQ_story.html)

Doomed!

DimPrawn
7th February 2012, 18:28
Still, it's not like you own property there is it? In a doomed country.

:laugh

doodab
7th February 2012, 18:33
Still, it's not like you own property there is it? In a doomed country.

:laugh

If you do you'll have no problem finding a plumber.

sasguru
7th February 2012, 18:38
Still, it's not like you own property there is it? In a doomed country.

:laugh

And your point is?

DimPrawn
7th February 2012, 18:40
And your point is?

You bought when the pound was at it's weakest and now you face an uncertain future retiring in Portugal, they may even leave the EU and you'll have your (imaginary) property stolen by the govt.

:laugh

AtW
7th February 2012, 19:49
You bought when the pound was at it's weakest and now you face an uncertain future retiring in Portugal, they may even leave the EU and you'll have your (imaginary) property stolen by the govt.

He can always rent out his Wandsworth mansion for a few hundred grand a week during Olympics.