Consider What Game Spain May Be Playing

By: Ian Campbell | Fri, Sep 14, 2012
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That Spain will request - likely in weeks and not months - financial aid from its eurozone partners seems a certainty. Why Spain is playing a 'wait and see' game is an interesting question.

My current thoughts are that Spain is waiting on - very likely among other things:

Postponement of dealing with Eurozone and Eurozone country specific problems is, from everything I have read and heard to date, doing nothing but exacerbating what almost certainly is becoming an ever more difficult and 'hard to solve' problem.

Topical Reference: Spain urged to clarify aid needs at euro zone meeting, from CNBC from Reuters, September 14, 2012 - reading time 3 minutes.

 


 

Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
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Through the Economic Straight Talk Newsletter Ian R. Campbell shares his perspective on the world economy, the financial markets, and natural resources. A recognized business valuation authority, he founded Toronto based Campbell Valuation Partners (1976), Stock Research Portal (2007) a source of resource companies market data and analytic tools, and Economic Straight Talk (2012). The CICBV* annually funds business valuation research in his name**. Contact him at icampbell@srddi.com.
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