A Different Way to Say the Same Thing About Spain

By: Ian Campbell | Thu, Sep 27, 2012
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If you read this Newsletter you know I believe the next few weeks will prove to be very difficult for Spain as:

For a somewhat different slant on where Spain stands, but nonetheless a view that I think inevitably takes one to the same place, you might want to read an article published Tuesday titled Courting disaster in Spain. The article is written by Marshall Auerback, currently a portfolio strategist with Madison Street Partners, Denver, Colorado.

You might also want to read:

Debt crisis: Spanish GDP falling at significant pace published yesterday, where it is suggested Spain's output continued to fall significantly in the 3rd quarter just ending. While that is not a great surprise given the likely downward spiraling effect of a deteriorating economy, it has to add worry to an already worrisome situation; and,

Anti-austerity protest erupt in Greece and Spain published yesterday that discusses escalation in both Spain and Greece over anti-austerity measures. As I see things, such demonstrations are only likely to get worse as things become ever more economically difficult for the people of both those countries. An important question has to be: Is this a process that is going to be repeated in other developed countries as we go forward?

Topical Reference: Courting disaster in Spain, from Credit Writedowns, Marshall Auerback, September 25, 2012 - reading time 4 minutes. Also see:



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his www.BusinessTransitionSimplified.com website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

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