Spain does not have a debt problem per se. The problem is low growth. Spanish
government debt as percentage of GDP is far lower than the US, UK, France or
even Germany. What is worrying the markets is the low growth and the consequent
concern about the country's ability to service its even relatively modest debt.
Cheers,
Nathan
Nathan Wajsman
Alicante, Spain
http://www.frozenlight.eu
http://www.greatpix.eu
http://www.nathanfoto.com
PICTURE OF THE WEEK: http://www.fotocycle.dk/paws
Blog: http://nathansmusings.wordpress.com/
YNWA
On Aug 23, 2011, at 7:02 PM, Charles Geilfuss wrote:
> I'm beginning to understand Spain's debt problem. ;^)
>
> Charlie
>
> On Tue, Aug 23, 2011 at 12:54 PM, Nathan Wajsman <photo@xxxxxxxxxxxxxx>wrote:
>
>> OK, on list since you're all so curious. It was the 16-45mm for my Pentax
>> K5. The post office was nice enough to just let me have it without worrying
>> of small details such as customs duty (minimal anyway) and VAT (21%). Made
>> it even nicer. This is why I like shipping by post. UPS, Fedex etc. never
>> make this type of "mistake".
>>
>> Cheers,
>> Nathan
>>
>> Nathan Wajsman
>> Alicante, Spain
>> http://www.frozenlight.eu
>> http://www.greatpix.eu
>> http://www.nathanfoto.com
>> PICTURE OF THE WEEK: http://www.fotocycle.dk/paws
>> Blog: http://nathansmusings.wordpress.com/
>>
>>
>> YNWA
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> On Aug 23, 2011, at 5:55 PM, Jez Cunningham wrote:
>>
>>> My thoughts exactly!
>>>
>>> On 23/08/2011, Chuck Norcutt <chucknorcutt@xxxxxxxxxxxxxxxx> wrote:
>>>> Nice, but I'm sure we all would like to know what's in the B&H package.
>> :-)
>>>>
>>>> Chuck Norcutt
>>>>
>>>>
>>>> On 8/23/2011 1:26 AM, Nathan Wajsman wrote:
>>>>> Went to the post office yesterday to pick up a package from B&H, and
>>>>> snapped idly while waiting:
>>>>>
>>>>>
>> http://www.greatpix.eu/All/Picture-A-Day/4253606_netUM#1443931384_N5pnBxZ-O-LB
>>>>>
>>>>> Cheers,
>>>>> Nathan
>>>>>
>>>>> Nathan Wajsman
>>>>> Alicante, Spain
>>>>> http://www.frozenlight.eu
>>>>> http://www.greatpix.eu
>>>>> http://www.nathanfoto.com
>>>>> PICTURE OF THE WEEK: http://www.fotocycle.dk/paws
>>>>> Blog: http://nathansmusings.wordpress.com/
>>>>>
>>>>>
>>>>> YNWA
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>>>
>>>> --
>>>> _________________________________________________________________
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>>>>
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>>>
>>
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