The Proverbial Hits The Fan On Thursday

[woe10]

It´s the Spanish Budget Day on Thursday, so brace yourselves if you live in Fuerte. Already there are riots in Madrid, and the Province of Catalonia (Barcelona) is threatening to go it alone.

With Draconian cuts on the way, all kinds of things happening with taxes, and Pension age possibly rising etc.. we´ll just have to wait and see 

[Voldermort]

Followed by knockout Friday.....thats the day the amount of money the Spanish banks need to write off their property `scams` and re float themselves is announced,widely thought to be in excess of 62bill Euros required and the same day Moody`s will give its latest assessment of the Spanish economy which may result in it being downgraded to `Junk` status.....As you say `Brace Yourselves`