tag:blogger.com,1999:blog-25064447.post2409808424653354314..comments2013-09-12T06:30:06.298+02:00Comments on Spain Economy Watch: One Chart To Rule Them All, One Chart To Find Them (Out)Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-25064447.post-42071112219699280552010-08-24T10:41:03.188+02:002010-08-24T10:41:03.188+02:00How many financial bodies have money tied up in co...How many financial bodies have money tied up in construction and over valued on their books ? When will they declare the missing millions and when they do, who's going to pay for it ?Andyhttps://www.blogger.com/profile/07566569390316555808noreply@blogger.comtag:blogger.com,1999:blog-25064447.post-3773951206390266642010-08-08T15:05:25.305+02:002010-08-08T15:05:25.305+02:00So Edward, what is your gut feeling or back of the...So Edward, what is your gut feeling or back of the envelope guesstimate for Spain untill 2015? Round zero?Or perhaps a contraction?<br /><br />I am amazed that this very huge construction sector is only moderately down. I would expect someting like more then 50% output drop when one starts with 600000 housing units built every year...but it isn't happening just yet, right? I mean to suggest...lots of hardship ahead, no?555https://www.blogger.com/profile/11619546540212043147noreply@blogger.com