Greece, Portugal then Spain?
 

Greece's credit rating was downgraded to junk by the S&P.
Portugal was downgraded two levels.
Germany does not want to put in the cash to help Greece unless stipulations are met.
Spain is having trouble and if it needs a bailout it is doubtful the Eurozone would have enough funding to bail Spain out after Greece & Portugal.
The Dollar is continuing to strengthen against the Euro. That must make European webmasters happy.

How are housing prices? Might be almost time to move back to Europe!

Real estate prices in major European cities are not really moving. Belgium might be next...

I'd probably want to live near Bordeaux, Burgundy or somewhere near the South of France. I have family in Zurich & London.

How bad is this going to get?

Not a bad place to own property, but you need to drop a large sum of Euros to get something nice!

It is not looking good. Spain may end up being able to make it without a huge bailout but if they need a bailout it will make things horrible for a while.

It isn't going to get any worse. Judging by the information from Exchanges we are facing the bottom right now. In fact in some EU countries you can even see growth in real estate sales over the last 3-4 months.

Can anyone say "double dip"?

:1orglaugh

All these crisis' are planned. Every time something like this happens, things get more consolidated and the people at the top get more and more power.

Hell yeah :1orglaugh

1:0,76

That sucks, glad I live in a financially responsible country like the US.


.

Wish to happened soon.Very soon:2 cents::thumbsup

Spain's credit rating was downgraded today - http://news.yahoo.com/s/ap/20100428/...nancial_crisis

Could be the route how will Europe go down :(

1:1.3 now. far cry from 1:1.7 a few months ago.

not going to get bad at all; Greece will get bailed out and that will put the end of these latest develpments


in the long run the dollar should still get stronger though

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.

I blame jews

20. Economic crises have been producer by us for the GOYIM (cattle) by no other means than the withdrawal of money from circulation. Huge capitals have stagnated, withdrawing money from States, which were constantly obliged to apply to those same stagnant capitals for loans. These loans burdened the finances of the State with the payment of interest and made them the bond slaves of these capitals .... The concentration of industry in the hands of capitalists out of the hands of small masters has drained away all the juices of the peoples and with them also the States ....

-Protocols of Zion

Henry Ford thought they were so important and scary that he gave a copy out with each new Ford. ;)

damn to think the once rulers of the world GREECE
has gone to total shit
pretty sad

All I did was read the thread title and when I saw your post I knew without a doubt it would be anti-jew related.

i'm sure russians and arabs central banks are crying right about now
after moving away from the dollars

and i'm dancing naked in the rain celebrating

Well, they are at the top of all these banks.. Would it be smarter to blame blacks?

P.S. 2 of my biggest heroes are Jewish, Jack Bernsteen and Benjamin Freedman.

most economists consider spain too big to bail out.... its 4 times bigger economy than greece

welcome to 4 months ago.. :-)
dont worry a little war here and there would probably help those poor countries

it sucks :)

Indeed, 3 dead during rioting in the streets today:Oh crap
http://www.timesonline.co.uk/tol/new...cle7116511.ece

Pigshit.

Of course you blame Jews...that is a given.

that sucks!