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Old 04-28-2010, 04:36 PM  
Tasty1
Judge Jury and Executioner
 
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Join Date: Jan 2005
Location: South-America
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It is going to be bad. France, the Uk, Dutch, German have lent billions of dollars to Greece. If that money won't come back than all countries have to save more money. If they lent more money, they also have to lent more money and then give it to Greece.

And Holland has already a big national debt. In Greece they want people to work till they are 63 (it is now 61). In Holland we have to work till we are 67 since this year. So we are not willing to support their early retirements.

But i think they will give money to Greece (just like they did to iceland) and we'll never see it back. Greece was great for Holidays, but when the joined the euro it get expensive. So Turkey became the new holiday destination for a lot of dutchman.

House prices are pretty stable cause less people are moving and stay where they are. If you have to sell your house you sometimes get less. Now people i know have 2 houses cause one can't be sold for more than 2 years. And in Holland you have a good unemployments sytem for 2 years. After that you have to sell your house. That will happen next year.

Best thing to do, spread your money in dollars and yen and wait till the euro drops. Than you can pay off your mortgage with monopoly money.

Last edited by Tasty1; 04-28-2010 at 04:37 PM..
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