Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I'm just surprised about Spain. My take on Spain was that it was very, very dangerously poised (I read that the average house loan was 50% of earnings -I'll have to dig that, I think it was on Wikipedia at any rate). But I may be wrong. Still, there economy seems way too dependent on houses.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi
by Cyrille (cyrillev domain yahoo.fr) on Thu Nov 22nd, 2007 at 10:10:42 AM EST

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