http://www.guardian.co.uk/business/2...ide-18bn-loans
seems santander in bit of hole as £18b loans turn toxic. Will this cause another shockwave in spains economy.
With news recently USA contraction I can only see worlds economy head for another big shock.
We got make people realise crony capitalism is destroying the financial system. We got too many who in rat race to stockpile enough money they could live for 300 to 400 years on it. It wont hit them they are the cause of economy ills until major businesses go belly up. I am talk companies like global companies like Sony. When they see that then might look in mirror think oh my god my money might be worthless if the system completely collapses.
With our latest news house prices rising again. Oh no
has these idiots got clue in charge last thing we need is more property bubble.
http://www.independent.co.uk/news/bu...y-8475437.html
Welcome to next spain soon when it goes pop with toxic mortages people cant afford. We need to cap housing slowly bring it into the real world.