Tuesday, August 17, 2010

(An old post but I still like it) Why Benidorm Is Not Spain and Spain is Not Greece | Houses for Sale in Spain

An oldie but a goodie. 

There was a caller on Radio Five Live today talking about the mess that is Spain and the Spanish Economy. The complaint, as it was a removals company, was that they were losing money because people aren’t coming to Spain at the moment. The litany of complaints about Spain suggested one simple thing to me, go back to the UK and start moaning there like everybody else or change the business model.

Complaints included the fact that the Spanish government has put all prices up in the shops. The level of ignorance beggars belief. Anyway, I wrote an article about what a real economic crisis looks like here. There is no doubt that Spain has serious troubles but as I have put in the video below, Spain is not Greece despite what the idiots at Standard and Poors say. (And despite the fact that the President of the Spanish government looks like Mr Bean)

Read the rest of the article and watch the video here

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