December 24, 2007

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The lottery, health and mortgage

I am still here, and if I am still here is because I was not touched or reinstatement. And as you see things as they are half of Spaniards use the Christmas Gordo to pay their mortgage.

Although lottery, we have to conform to earn more than 18,676 euros per year which is the average salary of Spaniards.

How much his company paid him in 2005? If your salary was less than 18676.92 euros per year, was below the national average. The National Statistics Institute (INE) yesterday presented the Annual Survey of wage structure covering the years 2004 and 2005, produced from the crossing of Social Security data, and the Tax Agency's own INE

Normal with these salaries, we have to say goodbye to "demand bestial" brick-one of the major companies expected a fall of 35% in sales in the sector.

"Until recently, the works were installed at the poster and immediately put to work to build the bulldozer. Now, even in Madrid, where it is most builds, the bulldozer takes months to arrive. It is obvious that the crisis is coming, that everything is starting to stop, although this is not a thing from one day to another, "

So the feast of the brick was suddenly ended. Now what?.

There is scope to manage the crisis. The opportunities are now presented to anyone with liquidity. In other words, those who sold their businesses in time, those who have been prudent and have not been in debt up to the eyebrows and who have assets in equities. In any case, the real estate of all life who have spent several crises, have more room for trust.

Curious to see the bill that has passed the mortgage crisis to certain directors, just look at this ranking.

In the third step of the podium, how could it be otherwise, one of the names that have sounded more like the aftermath of the hurricane that has left in its wake subprime: Stanley O'Neal, CEO of Merril Lynch who preferred to play golf while the entity headed was facing the worst quarterly results in the past 93 years. In those days, O'Neal was concentrated in the sport that came even to make three trips in three different golf courses. His' swing 'he took the post, but his withdrawal was with 161.5 million dollars in his pocket.

As you can see, for the quality of the article and the amount of cortaypega that has been done, the server is on vacation, so to finish with a topic you wish everyone happy holidays :)

Written by Carlos Lopez on December 24, 2007 with 73 comments
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