Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Bush-The Mastermind behind 9/11? -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (5653)	3/15/2004 5:08:52 AM
From: GUSTAVE JAEGER	Read Replies (1) \| Respond to of 20039

Re: Or better yet, get beyond your blustering and provide with some "real analysis" of the situation in Spain. Well, actually, I don't have much to add... But I might, however, shed some light on Aznar's rationale. The chief reason former PM Aznar broke ranks with his fellow EU leaders is Latin America and, increasingly, North America as well... Spanish capitalists came to the conclusion that the EU's impending expansion eastwards would bring nothing for them. Most of Central and Eastern Europe will be carved up between Germany, Scandinavian countries, France, and the UK. So, just like Italy, Spain is out of the loop... yet, the big difference with Italy is that Spain enjoys a tremendous, mostly untapped, overseas hinterland: Central and South America. Spanish banks, the flag carrier Iberia, Telefonica,... have all bet the hacienda on Latin American growth. But there's a flip side, of course: if Spain wants to thrive in its natural, cultural South American "empire", she needs the US greenlight....