August 6, 2008

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The fiestas de Agosto

If something is caracetriza Spain in August is for the feasts of their peoples, taking special importancial of the 15th day of Our Lady of the Assumption and being one of the last La Tomatina (with Web and all) which falls on 27 August in Buñol. It is interesting to see the positive effects of La Tomatina:

The tomatoes that we launched in La Tomatina, not green, ripe but not this past, in this way is easy to crush it before launching it, that if you crush it before we launched, we may do harm to anyone. Although it seems a shit, when people embadurna tomato, somehow this cleaning your skin of impurities, as it is clean and disinfecting acid. The streets of the village, which are of cobblestones, are unpolluted after La Tomatina, as during the year are as everywhere, and you see the passage of the Tomatina, the adoquin is bleaching, has been cleaned with "Tomatina" , Thoroughly clean and disinfect all surfaces.

Fortunately, they do not achieve the party with lemons that they have more acid are also considerably more expensive as this year have risen by 64%

Yesterday we had another feast, this time in the bag that was missing a lot. The Spanish (IBEX) rose by 2.65% and the U.S. (DOW) a 2.94%. The reasons are firstly respite that is giving us the oil and secondly that Bernanke (EDF) is not expected to raise rates this year. I love these guys talk like, as long as clear and concise:

"While the risks to growth remain low, upside risks to inflation are also a significant concern for the Committee"

That using the automatic translator "EDF - Castilian" gives us a:

"I do not know, I do not know"

But any party coming to an end and the hangovers are usually quite hard. Yesterday the French economic daily "The Tribune" published an article titled "In Spain, the holiday has been completed."

The French economic daily La Tribune says in its edition today that "in Spain, the feast is finished," referring to the crisis affecting the Spanish economy. According to the newspaper, despite the current economic slowdown, "the situation is not comparable to the recession" as experienced between 1992 and 1993. On the cover page of the newspaper you can see a portrait in profile of Spanish Economy Minister Pedro Solbes, located under a big headline: "In Spain, the holiday has been completed."

Something I'm reading a lot lately is that this crisis will not be as severe as that of the 92 and seen in perspective, came out of that very reinforced, perhaps in part because of European subsidies that now we do not reach. I would like to see the most veteran of the forum told us that they lived as a crisis because a server is caught doing studying.

Written by Carlos Lopez on Aug. 6, 2008 with 342 comments
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