SI
SI
discoversearch

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.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (72860)4/7/2011 11:02:08 AM
From: elmatador  Read Replies (2) | Respond to of 219856
 
What if assets are sld and this would point to a solution for the rest of the countries in deep trouble?

Once a country goes bankrupt it can sell hard assets to outsiders pay down debt.

So far the 3 countries that went under: Iceland, Greece and Ireland have not much to sell.

As we get to PoRtugal and soon Spain

see please "Forget Portugal, Says Roubini — Worry About Spain"
blogs.forbes.com

faulter, they can haver attractive assets to sell:

Portugal Telecom, TAP and so on. Spain already privatizing airports, (Aeropuertos Españoles y Navegación Aérea (AENA), which operates 20 of the country’s airports) and railways.

That may encourage bigger countries to strt selling to outsiders to avoid the trigger points.
Say selling Alaska, for example.



To: TobagoJack who wrote (72860)4/7/2011 11:04:39 AM
From: Haim R. Branisteanu  Read Replies (5) | Respond to of 219856
 
Things to ponder - an observation

Sept. 11 in New York happen 10 days from Equinox
March 11 in Sendai Japan happen 10 days from Equinox

The bronze and most of the iron age (unit 900 to 1200 years ago) civilizations where paying a lot of attention to Equinox and Solstice

Any comments?