La Liga - 10/11

[Village Idiot]

Sunday is the Catalan election, so the game got moved to Monday because of the policing needs.

[Guest neesy111]

Sunday is the Catalan election, so the game got moved to Monday because of the policing needs.

 

Does the Catalan parties use footballers as publicity tools, I'm sure I've seen a few pics of some players posing with politicians

[Village Idiot]

Well, Laporta is a candidate, can't get more football-related than that in politics. I'm not aware of any footballer actively campaigning for a party, but I haven't been paying that much attention to the campaign.

 

But yeah, all candidates have publicly declared themselves to be Barça fans, praised Guardiola, etc... in interviews. Funny how nobody cares about getting linked with Espanyol

[Guest neesy111]

Well, Laporta is a candidate, can't get more football-related than that in politics. I'm not aware of any footballer actively campaigning for a party, but I haven't been paying that much attention to the campaign.

 

But yeah, all candidates have publicly declared themselves to be Barça fans, praised Guardiola, etc... in interviews. Funny how nobody cares about getting linked with Espanyol

 

It was being reported last night that the EU may need to be involved in bailing out the Catalan Government, you think it'll have to happen?

[Village Idiot]

No idea. But Spain as a whole will fail eventually. The debt markets are running berserk.

 

Man, I hate speculators.

[Taylor Swift]

It has nothing to do with the speculators and everything to do with you spending money that you don't have

[Village Idiot]

Look at the figures on our debt, and we aren't nearly in the same boat as Ireland or Greece. But we are Spain! Lazy party-going southerners! Market racism, imho.

[Guest neesy111]

Look at the figures on our debt, and we aren't nearly in the same boat as Ireland or Greece. But we are Spain! Lazy party-going southerners! Market racism, imho.

 

Shows that the euro is an utter failure imo, how can governments run an economy where the central bank is in another country.  (last comment on this in a football thread

[Taylor Swift]

You've got a 20% unemployment rate and an economy that has nothing going for it except tourism. You don't manufacture, you don't service, you just build houses when it's cheap to get a loan and that's why your banks are totally fucked because they invested a lot of money in real estate and it's all coming back to bite you in the ass. There's no such thing as market racism or bad speculators. The number of 'speculators' in the market is very small and they're very insignificant in terms of the money that they actually invest in the market. The fundamentals of your economy are reflected in the amount you're being charged for a loan off of someone, and it's perfectly reasonable to charge a high rate if there's a chance that you won't get your money back.

 

Speculation is also very short-term because eventually the fundamentals take over. The amount you are being charged for a loan is getting higher by the day. That's not speculation. That's the market processing the fact that if Greece is fucked, banks in the eurozone are going to be fucked, and if Ireland is fucked, those same banks are going to get fucked a second time. And which countries have nothing in their economy except big banks which invest in other countries? Hello Portugal, hello Spain. Right, that's enough of economics in a football thread.

 

PS. They're not looking at your debt now. They're looking at what your debt is projected to be, and it's not a pretty number for an economy that is going nowhere.

[Guest neesy111]

You've got a 20% unemployment rate and an economy that has nothing going for it except tourism. You don't manufacture, you don't service, you just build houses when it's cheap to get a loan and that's why your banks are totally fucked because they invested a lot of money in real estate and it's all coming back to bite you in the ass. There's no such thing as market racism or bad speculators. The number of 'speculators' in the market is very small and they're very insignificant in terms of the money that they actually invest in the market. The fundamentals of your economy are reflected in the amount you're being charged for a loan off of someone, and it's perfectly reasonable to charge a high rate if there's a chance that you won't get your money back.

 

Speculation is also very short-term because eventually the fundamentals take over.  The amount you are being charged for a loan is getting higher by the day. That's not speculation. That's the market processing the fact that if Greece is fucked, banks in the eurozone are going to be fucked, and if Ireland is fucked, those same banks are going to get fucked a second time. And which countries have nothing in their economy except big banks which invest in other countries? Hello Portugal, hello Spain. Right, that's enough of economics in a football thread.

 

PS. They're not looking at your debt now. They're looking at what your debt is projected to be, and it's not a pretty number for an economy that is going nowhere.

 

Spain the 12th biggest manufacturing nation in the world btw.

[Village Idiot]

You've got a 20% unemployment rate and an economy that has nothing going for it except tourism. You don't manufacture, you don't service, you just build houses when it's cheap to get a loan and that's why your banks are totally f***ed because they invested a lot of money in real estate and it's all coming back to bite you in the ass. There's no such thing as market racism or bad speculators. The number of 'speculators' in the market is very small and they're very insignificant in terms of the money that they actually invest in the market. The fundamentals of your economy are reflected in the amount you're being charged for a loan off of someone, and it's perfectly reasonable to charge a high rate if there's a chance that you won't get your money back.

 

Speculation is also very short-term because eventually the fundamentals take over.  The amount you are being charged for a loan is getting higher by the day. That's not speculation. That's the market processing the fact that if Greece is f***ed, banks in the eurozone are going to be f***ed, and if Ireland is f***ed, those same banks are going to get f***ed a second time. And which countries have nothing in their economy except big banks which invest in other countries? Hello Portugal, hello Spain. Right, that's enough of economics in a football thread.

 

PS. They're not looking at your debt now. They're looking at what your debt is projected to be, and it's not a pretty number for an economy that is going nowhere.

 

Spain the 12th biggest manufacturing nation in the world btw.

 

Heck, our manufacturing output is (or at least was) close to UK's on a per capita level.

 

Also, most Spanish private debt is held by foreign banks. Spanish banking regulations are pretty tight (something banks have always complained about), and barred them from taking risky loans (excepting the regional savings banks - who have a different legislation that's currently being amended - our banks are actually pretty sound). So it's actually foreign capital which has caused our housing bubble (we took it happily, mind).

 

Our labor market is f***ed. Too inflexible. Needs higher overhaul but also a mentality change from the population (for example, mobility is low, people want to work in the place they currently live)

[Guest neesy111]

You've got a 20% unemployment rate and an economy that has nothing going for it except tourism. You don't manufacture, you don't service, you just build houses when it's cheap to get a loan and that's why your banks are totally f***ed because they invested a lot of money in real estate and it's all coming back to bite you in the ass. There's no such thing as market racism or bad speculators. The number of 'speculators' in the market is very small and they're very insignificant in terms of the money that they actually invest in the market. The fundamentals of your economy are reflected in the amount you're being charged for a loan off of someone, and it's perfectly reasonable to charge a high rate if there's a chance that you won't get your money back.

 

Speculation is also very short-term because eventually the fundamentals take over.  The amount you are being charged for a loan is getting higher by the day. That's not speculation. That's the market processing the fact that if Greece is f***ed, banks in the eurozone are going to be f***ed, and if Ireland is f***ed, those same banks are going to get f***ed a second time. And which countries have nothing in their economy except big banks which invest in other countries? Hello Portugal, hello Spain. Right, that's enough of economics in a football thread.

 

PS. They're not looking at your debt now. They're looking at what your debt is projected to be, and it's not a pretty number for an economy that is going nowhere.

 

Spain the 12th biggest manufacturing nation in the world btw.

 

Heck, our manufacturing output is (or at least was) close to UK's on a per capita level.

 

Also, most Spanish private debt is held by foreign banks. Spanish banking regulations are pretty tight (something banks have always complained about), and barred them from taking risky loans (excepting the regional savings banks - who have a different legislation that's currently being amended - our banks are actually pretty sound). So it's actually foreign capital which has caused our housing bubble (we took it happily, mind).

 

Our labor market is f***ed. Too inflexible. Needs higher overhaul but also a mentality change from the population (for example, mobility is low, people want to work in the place they currently live)

 

You've been hit badly in the building sector though, with the crash in the real estate market.

[Village Idiot]

No discussion about that. Damn, I'm not denying we are f***ed, just not totally fubared as people treats us as. And we aren't a banana republic masquerading as a developed country dammit.

[Taylor Swift]

When was the last time the markets were wrong? They predicted a Greek default, they predicted the Irish one, they predicted Lehman going under (CDS shot up before they went broke). Like I said, the speculative money is insignificant. People believe Spain is at risk so they're charging more to loan money to them.

 

To be honest, spain has benefited so much from joining the euro and getting the rates that Germany used to get. They should have reformed their economy then, it's much harder to do it now when the people are out of work and the economy is shit. Iirc spain has the worst unemployment rate in Europe bar Greece and it's certainly the last developed nation to escape from the financial crisis.

[TaylorJ_01]

Lazy party-going southeners.

[Guest]

Whatever happened to Balague? Can't remember seeing him on Sky for a while.

[Guest neesy111]

Whatever happened to Balague? Can't remember seeing him on Sky for a while.

 

Spending more time back in spain or even italy most likely as his best friend benitez fucked off from here.

[AliGupter]

Whatever happened to Balague? Can't remember seeing him on Sky for a while.

 

He's always on Revista.

[Village Idiot]

He sort of disappeared from the Spanish newspaper he writes for, but seems to have resumed normal service this month. Guess he wanted to take a breather.

[QBG]

VI what are Depor like this year? Kind of adopted them after the Teresa Herrera thing this pre-season. They your average mid-table shit?

[Tooj]

VI what are Depor like this year? Kind of adopted them after the Teresa Herrera thing this pre-season. They your average mid-table shit?

 

Who's the bint in your avatar? I recognise her from somewhere.

[QBG]

Kaley Cuoco - from The Big Bang Theory.

[Tooj]

Kaley Cuoco - from The Big Bang Theory.

 

8 simple rules. 

[QBG]

Yeah she was in that too. As a hot piece of jailbait

[wormy]

I had a bit of a thing for her sister tbh. Ginger jailbait. Double