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To: elmatador who wrote (92385)7/11/2012 3:50:49 PM
From: Haim R. Branisteanu  Respond to of 218069
 
Ok at lest they take proper steps



To: elmatador who wrote (92385)7/11/2012 3:55:55 PM
From: carranza22 Recommendations  Read Replies (2) | Respond to of 218069
 
Austerity is not only insufficient, it won't sit well with Spaniards.

Haircut is the only way, but that will be very unpopular because ownership is very much domestic. They will see it as adding insult to injury.

The pain the Spaniards will feel is enormous. There will be social unrest.