Redesign of the Euro

Seems to lie, but nothing within the Euro will fulfill 10 years, I do not speak of "coins" but of "currency". Euro Fixed whether there had been strong, that in 2001, 1 euro cost $ 0.85 and is now at historic highs above $ 1.5.

To celebrate this birthday, was issued a commemorative coin and will be the second time that all countries that are part of the eurozone issue a coin with the same design, after the coined in 2007 on the occasion of the 50th anniversary of the Treaty of Rome .
This you see is the new dieseño.

The strength of the single European currency is very worrying for the U.S., so that countries are starting to raise the oil to sell crude oil in Euros, the measure would be very risky for the world economy and especially the U.S., almost a órdago. So dangerous that Saddam Hussein was the first to try and look like it. Fear of "Petroeuros" is very strong. However, OPEC and company are clever enough to always pay an oil as expensive as you have noticed lately, when the dollar lower crude oil rises.

However, whether or petroeruos petrodollars while the black gold to over $ 100 we can guess who will be the ones to us out of the crisis by buying Western companies to price balance.

What it does is that it has lowered the total number of euros it provided to ask the bank to buy a house and that the granting of mortgages fell 32.5% in December, however in the last month of 2007, loans to buy housing get dearer by 6.2% in the whole year up to 149,007 euros.

In this environment of doubts, uncertainties and unpaid, appearing for the leeches around the corner called "Corporate Debt reunification" as we have in The Economist:

For lack of regulation there are some who are colando in this business and practice of usury, with loans at an interest of up to 90 per cent per annum to which no one can cope.

Recall that these companies do little more than talk with the bank to get you in all your mortgage loans.

This year, the turnover of the reunion will grow by 35 percent, five points more than in 2007. They charged to customers, on average, 3 percent of the funding involved in the work of advice to make lighter the payment of claims.

That is, 3% for talking with the Bank. As you see, do not be afraid to crisis since it is time for big business and especially on the cheap.

Written by Carlos Lopez on February 27, 2008 with 181 points.
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181 reviews

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# 1, Fausto

February 27, 2008, at 9:46.

Today bajadita after the injection of Trichet.

Lack least for the elections and that the dead surface ....

The energy cost of building a photo-electric cell is the same as that which occurs in its useful life.

The items for a replacement for oil will rise are at the same pace as the price of crude.

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# 2, Pratenc

February 27, 2008, at 9:48.

Hello to everyone s,

is that here there is a "struggle" almost titanic between those who say, and they want to, that housing is going to go down and they say that this can not happen ever. I do not want to happen is that one or the other, but if I say what I think is going to happen, and it's going to go down and pretty.

I just read in the country two pieces of news that we continue to track, first in December 2007 granting mortgages fell by 32% (as well indicates Carlos Lopez), and secondly that house prices fell U.S. nearly 9% in the last quarter.

I do not want the economy to be ruined, I do not like to go on strike, basket, etc. ... I like that but neither has reached the situation we have, in which the price of the flats is totally out of place in relation to the salaries we have. The basic housing is something that has not been protected and a few greedy, especially investors and speculators, we have been dragged into this untenable situation.

Obviously, I think that no one doubt that this has to undergo a correction, as may be strong, because I do not know, but if in the U.S., the economy stronger and more diversified in the world, are well, I do not want or think we can fall here that we depend so much of the brick. May God take confessed. You get the link to the U.S. in case anyone is interested.

http://www.elpais.com/articulo/economia/precio/vivienda/Estados/Unidos/sufre/mayor/caida/ultimos/anos/elpepueco/20080226elpepueco_12/Tes

PS: As is often said Atila, and quite to my regret, "I see pain ..."

Greetings.

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# 3, Carlos zgz

February 27, 2008, at 9:49.

Good morning brothers and sisters.
Clopez spoke today of petroeuros is something strange, but my view is that as he says, are already paying for oil in euros, and worst of all, you do not have to get off paint, which entails.
Besides the fact that they are granted fewer mortgages and those that are granted are higher this year, we will see more accentuated, sure.
One last comment, I have to Curran and after you read it:
What if we all agree and we fail to consume gasoline or diesel fuel to the crazy, we use less cars, etc. ..?, Do you believe that in the end it should be noted in the price?
Come, then you read, ah!, Does anyone know when the ECB meets?

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# 4, Fausto

February 27, 2008, at 9:50.

March 6

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# 5, quitos

February 27, 2008, at 9:51.

Buenos dias
Euribor for today: 4383

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# 6, hipotecadohastalascejas

February 27, 2008, at 9:51.

oh my god ... ..
We hope to find a well of oil beneath the house, because this step will be more profitable to steal a truck came from gasoline, which a bank (that someone is looking in the penal code that is more serious)

And the Euro at a time of glory, not the Euribor, which Mr knife to this step is going to say that the strength of the European currency against the dollar, will raise interest rates, so that normalcy returns to markets . ... Would have noses.

But do not worry cipotecadillos (like me) who no nothing, not drowns, and the rebound yesterday, and the ECB's injection of capital, today it's up to eurobobirin small caidilla (my bet is 4,387) and still has to lose something more, if the rest of analysts do not rely on this, given the time and removes the reason.

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# 7, a

February 27, 2008, at 9:56.

4385

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# 8, krollian

February 27, 2008, at 9:56.

We got the raw ditto ...
No wonder nothing to lower sales of cars. As you do not really buy one is like throwing money for a sewer ...
Here in Vizcaya sobraos as we are with public transport us to get bent supersur we will be paying for 25 years. And to expand to more than two metro lines do nothing more than evading ...
And then the institutions celebrate the day without my car.
Ah. Award juice citizen to the council that first had the idea to widen sidewalks and peatonalizar without rhyme or reason to later sell some municipal garage at the price of gold ...
And in the euro story. Menuda scam. In 2003, bread was 90 pesetas. It is now 1.20 = 200 bologna ...
No matter who wins this election is going to have much much work to tackle that is falling.
I imagine that the solution will be to squeeze more intensity famelicos the pockets of Currito.
And the bank regretted losing 1% of profit ...

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# 9 Solvent

February 27, 2008, at 9:59.

The Noah's ark.

Every morning I have a couple of roundabouts ring to go to trabajar.Circunvalacion that is fraught with social housing dwellings sociales.Más which I call the Olympic village, because all of its tenants are Tracksuit and hung with Gold Medals.
Every day there is something new to discuss with my wife when I come home, so that scenes fun, not least today I saw a donkey peep through the window of a bathroom, guess what manger that will in the bathtub.
All this comes a tale of what it says refranero "board was asked to give more." It is for some needy families in my city that accumulate a number of houses without considering the slums, properties that are dedicated to rent to other families to trapichear.
What I say is that I was born not rich, no one has given me nothing, I have only two hands willing to work and I have never asked a tough one and I had to pay a flat black of VPO, when I see people out there that does not give a stick to water and ranging in flocks to the door of the council calling for a housing digna.Si not be given the hook and hold the light in street lamps that pay us until they leave the program in trying to create street shame .

I do not want to put everyone in the same bag because people will really need to which the company has not given a chance and finished with another saying "He who does not breast not crying."

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# 10, Fausto

February 27, 2008, at 10:00.

The other day I read that to lower the price of cereals and derivatives (including meat for feed) are trying to raise cereal production since among the poor harvests and that the Chinese had given them by eating more bread along with biodiesel silos only had atomic bombs .... I hope that in time be corrected with that ...

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# 11, Breogan

February 27, 2008, at 10:02.

For connoisseurs, is it good time to buy dollars?.

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# 12, Resignao

February 27, 2008, at 10:04.

Muuuuaaaaaadre mine as the euro !!!!! NOW THAT WE PSCHICOLOGICA overcome the barrier of 1.5!!

And of course, oil up. I think that what you travel every three weeks to the people is over. Ale gentlemen all to use public transportation, ahhh not that the buses are on strike. GLUP, GLUP, which is the wrong thing.

Incidentally, I begin to remember the comments from some analysts who said that the difference in interest rates between USA and Europe was not so much for and that he had not meant a big gap in terms of exchange between currencies. I would like to tell me the same thing now. What happens is that it has not been immediate, but at the hearing are the results:

NOW we are losing competitiveness in the production of products, because everything depends on oil, and is in the clouds.

Thanks to that we will not export or ham or oil (Italian of course, because what is Spanish ...)

You were saying that there were people and not the crisis would have only slowed? JA

So it is TRANCHETES lowering the price of money because the Ostión we are going to going to be fine.

TRANCHETEEEEE, LOW RATES YAAAAAAAAAA, THAT THIS IS HUNDEEEEEEEE.

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# 13, amateur

February 27, 2008, at 10:05.

jajaja, Solvent, as of tenants in Tracksuit and with gold medals hanging has been great.

At my reunion with the debt / loan sharks me unworthy, should include educational programs on a course of basic economics and accounting, which met anyone 18 years without having some basic concepts on debt, interest rates, and so on.

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# 14, ALFONSO

February 27, 2008, at 10:05.

Today subidon touches. Good day to all

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# 15, Fausto

February 27, 2008, at 10:07.

Removes removes the gasoline we be so low ... ..

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# 16, CARLOS

February 27, 2008, at 10:07.

Bajadita today? nose nose ON ... the Euribor has now risen +2.04% ... until we get the oil ....

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# 17, Fausto

February 27, 2008, at 10:08.

Juas juas

We will end the year with 1:2 xD bernake if your pants are low and TRANCHETES not.

The euro was quoted on Wednesday morning at 1.5055 U.S. dollars per unit at the opening of European markets, marking a new record after having passed the day before the first barrier of 1.50 dollars.

On Tuesday the European currency reached 1.5047 dollars, and fell to 1.5017 before the close of markets in New York. His previous record dated back to Nov. 23, 2007, at 1.4967 U.S. dollars.

The new escalation was attributed to signs of strength in the European economy compared to the fears of U.S. recession.

Analysts believe the euro on Tuesday received an unexpected boost from an index on the business environment in Germany that was better than expected and highlighted even more in front of a series of lackluster macroeconomic indicators in the United States.

The dollar had already lost much ground against the euro last year, with the U.S. mired in the crisis of real estate credit risk (delete) and a shortage of credit that hit squarely on the financial markets.

The U.S. Federal Reserve (Fed) proceeded since last summer to several cuts in its base rate, taking it to 3% per year, but the European Central Bank (ECB) kept theirs in 4%, and the best performance increased the attraction of the euro, and strengthened.

According to economists, that trend could worsen in coming months as the Fed seems determined to further cuts in rates to bolster the U.S. economy downcast, while the ECB in recent weeks increased their warnings against the risks of inflation, This does not augur changes to its monetary policy.

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# 18, Resignao

February 27, 2008, at 10:11.

Breogán, and you can swell to buy dollars, because, je je jejejeje ...., According to analysts (jejejejjajajajjejaja, is that it gives me laugh), after the devaluation that has suffered fente the dollar to the euro in the past year is logical to rebound again and regain that difference throughout this year and next.

But I would do if more of muuuuchas voices of other analysts (jejejajajajejejejajajaj) who say that the best investment right now is to take few risks in investment, and always have liquidity, at 80% of the money you have, just in case.

And if you invest, the better takes positions in fixed income (see bank deposits, government debt ...) in shares, which are now doing their role sharks speculators.

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# 19, Fran

February 27, 2008, at 10:14.

And the money is still in its thirteen, 11.5% in January, when analysts were expecting 11.3%. At this rate the ECB will not lower interest rates in his life.

Incidentally, I do not think that is very bad what you're doing with the ECB rate, as you saw producer prices have risen in the U.S.? At the highest growth since 1981 and already some American analysts cast plague on the EDF.

It seems to me that this is no time to know who needs to be done ...

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# 20, benjau

February 27, 2008, at 10:14.

It's fun to see how little is going to fulfill some of the predictions that were made a couple of months on the euro / dollar. The economy is slowly but surely in their evolution in its aftermath. The central banks are going to have to do what is nice to maintain the value of the dollar, but it is very difficult to do with the U.S. into recession and listillos ( "Soro" and others) playing undir the dollar with any advantage in its favor.

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# 21, Resignao

February 27, 2008, at 10:15.

And I think this morning I heard that in Intereconomía ... buffff Bernanke spoke today, which is falling ...

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# 22, quitos

February 27, 2008, at 10:19.

jejejejeje, I do not understand me as you have placed two negative points simply by saying that I think will be the Euribor today, unbelievable.
My Mother, I do not understand much of economics but reading your comments and watching our pockets I see that things are very bad ... ..
And it is true that the agencies renegotiate, you get the blood.
Certainly if someone is interested Caja Navarra takes the mortgage gourmand, 75% of the value of valuation, at 35 years and Euribor + 0.20. For people who want to subrogate is a good choice because the profit mainly to attract customers from other banks.

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# 23, Attila, King of the year

February 27, 2008, at 10:21.

The fortress is always relative ... depends on whom you compare.
The euro is strong, or is that the dollar is weak?

Anyway, if the dollar is weak, bad because it hurts exports. If the dollar is strong, bad because it increases inflation.

Would not it be better to have adopted the dollar instead of the euro?

pain, a lot of pain ...

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# 24, Fausto

February 27, 2008, at 10:26.

What good would that former central banks of countries in the eurozone could change in rates to 0.25 bring more and better able to cope with inflation and help the growth ... now there are more than the ECB BCA, just looking germany. We are all united but we are all jo.iendo

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# 25, erg

February 27, 2008, at 10:27.

If we jodms but some more than others

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# 26, Fausto

February 27, 2008, at 10:30.

The gabachos not walk very happy with their congener .... Sarko the other day was found with one that seemed to TRANCHETES and told gili.ollas xD

Portugal is heard or imagined as walking and Greeks who are experts say ... ... ... ... ..

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# 27, bender

February 27, 2008, at 10:30.

Usury is a crime, what I learned in EGB, and forget that we should pursue. It is considered usury more than 30 or 40% So to prosecute those sausages.
Ecological and houses! Ecological truth car! Who eat the oil!

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# 28, Fausto

February 27, 2008, at 10:33.

The oil starts to download a Pelin ... .. I think it has run into the basic $ 100 instead of 98-99 from now 100-101.

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# 29, pepipe

February 27, 2008, at 10:35.

In line with the oil that you dire at the beginning of 2007, when oil sunflower white markings to pay € 0.60 a liter and diesel earned 0.95 € more or less the price I do not remember exactly is a well-known I dedicate to put oil instead of diesel and I did for over 2 months I leave because of problems with filters, but the car if it worked with more smoke.
Yesterday looking white markings of sunflower oil worth well as the diesel is not that biodiesel is a siren song for us to create an ecology whose foundations are tax but in other fuels

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# 30, Breogan

February 27, 2008, at 10:36.

# 28, Fausto

URGENT The Brent marks a new record for the first time to exceed $ 100

What I see in The World: S

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# 31, Johnny

February 27, 2008, at 10:37.

Good morning:

Is it good business to buy a house now in the U.S. (for example in the area of New York or Miami, given the euro-dollar and falling housing prices in that country, or is it better to wait a bit?
A greeting to all Forero.

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# 32, Juan

February 27, 2008, at 10:38.

I believe that society pays for these companies to get loans reunified by a lack of time, and time is worth money, how to attract customers of banks is the same, it is not profitable now have a mortgage and more if the revasa 30 years, it is easier to pay rent, to pay the mortgage, must be sold to remove the Corralito that the government is doing at all, so Starting Argentina and finished with a crisis that so far there rises, the real estate business no longer Business is a dead end.

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# 33, portalc

February 27, 2008, at 10:39.

rates to 5% yaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
... And many cry of truth, that is, without hypocrisy.
... And many other politicians miss once.

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# 34, Fausto

February 27, 2008, at 10:40.

# 30, Breogan

I said basis, maximum : P

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# 35, bender

February 27, 2008, at 10:41.

Triki said that if we lower the rates if inflation rises, I do not think so because it lowers the compitibidad of business, we remove the idea of how much more money over rising prices. My clients are the richest that forced me to lower prices.

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# 36, disappointed

February 27, 2008, at 10:42.

I've already some time accessing this site, a newspaper article, which I think is interesting, since all the feedback we are launching.

The truth is that I was of those who preferred to lower the Euribor, for that short-term and directly, that is what I most enjoyed. And let me probably pass by a majority of comments in favor of the current that had. But little by little I am going to open my eyes in many ways.

But time has made me see that, although I had to eat my mortgage, it is best to stick around a petardazo and that prices of apartments, either for rental or purchase, return to be commensurate with the level of salaries current. And for this, probably the best thing that can happen is that the Euribor rises, it has really affected a lot of people (we always the same) and that, get out of our comfort pedastal, and move your ass once and mobilize against the we are sucking the blood for at least do not so blatantly.

On the other hand, I would be quiet without commenting that here too there are boy and dad too privileged or burbujil or do not know how to call it (not that I do not have Curran, so it was alluded to by which it sees fit ), Which simply do not want to lose its privileged position with regard to the matoría of mortals and their views are targeted to their own benefit only.

A greeting to all pete and barricades

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# 37, bunions

February 27, 2008, at 10:42.

It is time to change euros for euros and by his position clear that it is better to invest abroad in spain, that this is going to the bankruptcy, which can change euros and buy dollars at half price at which any part of the world The only benefit is a very clear and the U.S.

RETURNING TO THE SAME.

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# 38, Attila, King of the year

February 27, 2008, at 10:46.

Economy Minister Pedro Solbes, considered today that 'there is no justification that the state compensate those who have bought something other than market price in a private contract'

http://actualidad.terra.es/nacional/articulo/solbes_estado_gobierno_partido_popular_2277538.htm

But calm, not referring to your pisitos but to the Forum's Philatelic and Afinsa. Just to put it in the near future is not happening you begin to give the coñazo asking that the state will pay your zulitos that have lost value.

I see pain, a lot of pain ...

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# 39, krollian

February 27, 2008, at 10:47.

bender:
It will be what it always happens. Anyone who has more pasta is the one who has more power to pressure ...

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# 40, bunions

February 27, 2008, at 10:51.

Krollian:

I agree, but we pay a mortgage of more than thousand euros and 900 euros win, we have to endure the nonsense of the Euribor climb, but I think we do well to continue holding the rise?

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# 41, krollian

February 27, 2008, at 10:51.

At the end Solbes diagnosed with multiple personality. We're already a bit fed up with cheap polemics and holders of carboys. All of the holy days playing the stock market scrotal staff ...
Every time I see the announcement of the BBK's Euribor +0.25 for 50 añazos I stirred the stomach. That yes. Without official opening apretura ... I say ...

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# 42, portalc

February 27, 2008, at 10:52.

for bender,

What if yours is a crime that, wake up you and your mental ecoenergía. No one is the work, nor I, nor yourself, or your ... 'compitibidad' or something. 'WAKE UP!. As you know car driving around with over 100 HP, "You know far avioncete overflies throwing gas to more than 600 º C, leading to the countrymen on holiday?, Because first things first.
We are selfish by nature .. and that, there is neither political nor an economist who settled.

I applaud the openness, honesty and sincerity # 36, disappointed
Things by their name.
Attila, we ask for your appearance.

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# 43, Breogan

February 27, 2008, at 10:53.

As things are, I fear that the best investment we can make with my ahorrillos is to amortize capital of the mortgage without penalty not be able to deduct all in the personal income tax.

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# 44, JOHN WITH FEAR

February 27, 2008, at 10:54.

The truth is shameful that in a very delicate situation ECONOMIC like we are living, in which one of the major problems of many families face is paying your mortgage, current legislation allows that surface such businesses reunion debts. A few months ago put in a television interview in which a family had lost all their properties because they endorsed one of these credits with writing a property. Maybe in a few years we see on TV demonstrations of people swindled by these companies, as today we see the forum and afinsa. Quen oversees PAPERS OF THESE COMPANIES? AND ITS WORK "SOCIAL "????

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# 45, krollian

February 27, 2008, at 10:55.

Really. Soil always recommend the following book:

NEW AMOS OF SPAIN
Author: Carlos Sanchez.
Editorial: The Sphere Books.
Release Date: February 6, 2007.

http://elciudadanocabreao.blogspot.com/2007/03/los-nuevos-amos-de-espaa.html

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# 46, portalc

February 27, 2008, at 10:58.

# 45, krollian
No need to read any book to find out who are the new masters of Espanya

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# 47, krollian

February 27, 2008, at 10:59.

43 Breogán.
Hence if you are quite right. That yes. The one who can save. But we must try to recoup head. Let's see then if we're going to get their fingers ...
Nuestra generación es la de cenar en casita y sentirse realmente bien porque podemos ir al cine de vez en cuando.
La conclusión definitiva es que te sientes como si te hubieran estafado. Pero asi son las cosas…

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# 48 , Vinuesa

27 de Febrero de 2008, a las 11:00.

Visto como va el petroleo y en la linea de la semanana pasada de mis exitos con el BBVA, ONO y GAS NATURAL, hoy voy a hacerme la visa cepsa. Sin ningun tipo de comision ni mantemiento se obtiene un 5% de descuento en el carburante.

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# 49 , Breogan

27 de Febrero de 2008, a las 11:01.

#40, Juanete

Creo recordar (hace casi un año que firmé la hipoteca) que los expertos no recomendaban endeudarse en más de un 30% de tus ingresos. En mi caso te puedo decir que la hipoteca es el 20% de los ingresos de mi hogar, y no es que sea un afortunado. Me pude haber comprado un piso mejor situado, más grande o un chalet pero preferí ser prudente y conformarme con lo que mi economía me alcanza.

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# 50 , 34

27 de Febrero de 2008, a las 11:03.

si esto dura unos meses mas, a ver que pasa cuando los trabajadores de la construcción (y próximos) se hayan comido y bebido sus pocos ahorros…donde antes facturaban miles al mes, hoy a duras penas trabajan 4 dias a la semana (y no por falta de ganas).
se acabo la gallina de los huevos de oro.

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