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Worst is over for euro

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    Worst is over for euro

    'Worst is over’ for euro, says Spanish PM Rajoy - Telegraph

    Phew! Thank goodness for that. I was getting worried there.

    #2
    The worst is over and France just got their credit rating downgraded from AAA
    In Scooter we trust

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      #3
      The markets seem to think so..

      Spanish bond yields

      http://www.bloomberg.com/quote/GSPG10YR:IND
      I'm alright Jack

      Comment


        #4
        And after all, technically so far Germany has made a paper profit on all its loans to the PIIGS.

        Why was I ever worried?

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          #5
          Wait till the septic boil that is France bursts ...
          Hard Brexit now!
          #prayfornodeal

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            #6
            Good news is if its true. My rate has been bombing for the last year because of the failing euro.

            Get paid in euros see.
            Rhyddid i lofnod psychocandy!!!!

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              #7
              Now might be a good time to buy a villa in Spain.

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                #8
                Good to see the Torygraph is covering the French downgrade in a professional manner.

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                  #9
                  The Spanish have just stopped doing repossessions, so I'd wait a year until they have to do forced repossessions; massive unemployment.

                  France, however, well, if that goes bang, then houses will become even more ridiculously cheap. Chuffed as nuts, as I bought in 2010...

                  <slaps head>

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                    #10
                    Originally posted by Old Hack View Post
                    The Spanish have just stopped doing repossessions
                    The UK stopped 4 years ago. The banks still have alot of bad debts to fess up.

                    But of course central london will be okay due to influx of foreign buyers.

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