Monday 20 August 2012
Back to reality?
That is though very preferable to last summer where we had a worldwide economic disaster in August, it does make for an interesting September/October.
Spain was interesting though, it does not feel like a Country in economic meltdown in the Tourist parts at any rate. The airports are full, rental car business in full flow, no space on the beaches - 'twas ever thus. This must be a good boon for the economy there. Even the rows of unfinished housing developments seem to have thinned out a bit.
Or perhaps this is what financial crises look like, everything working well as long as money is borrowed/printed and then an almighty collapse at the end?