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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.19

-0.7%

Dec 2 4:00 PM EST

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To: Snowshoe who wrote (82690)	11/6/2011 7:27:43 AM
From: elmatador	of 218149

*PORTUGAL HAS BEEN ONE OF THE SUCCESS STORIES OF THE EUROPEAN UNION: GDP HAS GROWN STEADILY FOR THE LAST SEVEN YEARS, AVERAGE PER CAPITA INCOME HAS SOARED AND UNEMPLOYMENT IS AT A RECORD LOW.* *THE PORTUGUESE, HOWEVER, ARE KEEN TO PUSH PRODUCTIVITY TO EVEN HIGHER LEVELS BY FURTHER EXPANDING PIVOTAL INDUSTRIES SUCH AS TOURISM, AGRICULTURE, CONSTRUCTION AND IT* *“The* traditional sectors of our economy have undergone a fast and profound process of modernization,” says Joaquim Pina Moura, the former Portuguese Minister of Finance. “We have now created new clusters of industry in areas such as vehicle sales, auto parts and telecoms.” For the last seven years, GDP has grown at a steady 3% and per capita income has risen from 56% to 74% of the EU average. Despite a difficult year for industry, the economy as a whole continues to operate with near full employment. The banking sector in Portugal is now one of the most efficient in Europe. Anos das vacas gordas is the Portuguese term for this period, amigo...

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