now going to be that in Europe they are failing income and no debt. This reflection is produced in my mind a few days after you jump back all alarms: Ireland needs a rescue!! (And Portugal, perhaps).
Now both countries in the eurozone are the targets of attention, as at the time it was Greece, the question arises as to whether may or may not meet their payments on its debt.
Everyone is aware of its debt is at very high ratios , such as Greece, because of the risk of default that is capable of incurring who decides to invest (ie better pay) money in Ireland or Portugal (from Spain yet nothing is said, for now).
And the problem is that they are more likely to reduce their operating expenses and do not generate enough revenue (from taxes, since there are no transactions or contracts, not to mention the tax breaks for technology companies .) And you start to miss the housing boom.
When an entire country is immersed in a maelstrom of sales and purchases of property price rises continuously and that is a major entry into the country via property transfer taxes tend to forget that someday, perhaps, that dream is exhausted and becomes nightmare.
Those who come after you paddle, you might say.
Then, as happens in Spain, by all means try to reduce costs (to a certain limit should not be transferred) to the income of people still can buy something and companies that are still enable the country running into debt again in new hires thus generate more commissions to companies that in turn re-hire people and they, again, can pay their debts back and why not, to use again.
But until someone is get the idea of \u200b\u200bhow to do (and can be considered the hero who brought us out of the crisis) can only wait and see where we take the rabbit hole.
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