lab276 Posted April 23, 2012 Share Posted April 23, 2012 There are many countries that have bigger unemployment rate.Like said, "it's not an important market anymore. "Spain has by far the largest economy of any country that low on the list.It may not be that important anymore, but that's not exactly a good thing. Quote Link to comment Share on other sites More sharing options...
Fullbuster Posted April 23, 2012 Share Posted April 23, 2012 Spain is a queer country economically. In the last years it had a construction boom with building more than Germany and France put together. (Spain has 40m and Germany+France 140m much richer inhabitants)We can see the same thing in China, with ghost cities, unused infrastructure, strong price increases for houses/apartments...But I hope they won't have the same kind of crisis. Quote Link to comment Share on other sites More sharing options...
pinocchio Posted April 23, 2012 Share Posted April 23, 2012 (edited) This.Actually I was referring to labs post, but the same is true for Fullbusters post. Edited April 23, 2012 by pinocchio Quote Link to comment Share on other sites More sharing options...
Rudolf Posted April 23, 2012 Share Posted April 23, 2012 We can see the same thing in China, with ghost cities, unused infrastructure, strong price increases for houses/apartments...But I hope they won't have the same kind of crisis.Dubai had the same problem, but was saved by neighbouring Abu Dhabi Quote Link to comment Share on other sites More sharing options...
Rudolf Posted April 23, 2012 Share Posted April 23, 2012 Spain has by far the largest economy of any country that low on the list.It may not be that important anymore, but that's not exactly a good thing.Not only that, but Spain is also a very rich country even in European context. For instance home-owner-ship-rate http://en.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate78% of Spaniards own their home more than the Australians with 69% Quote Link to comment Share on other sites More sharing options...
efialtes76 Posted April 23, 2012 Share Posted April 23, 2012 We are in big problems,but the releases for the first quarter of the year were very weak!Last Year Torrente 4 opened in March and did €19.6M and that makes a big difference. Quote Link to comment Share on other sites More sharing options...
pinocchio Posted April 23, 2012 Share Posted April 23, 2012 Not only that, but Spain is also a very rich country even in European context. For instance home-owner-ship-rate http://en.wikipedia...._ownership_rate78% of Spaniards own their home more than the Australians with 69%Bulgaria has the highest home ownership rate wordwide and therefore must be a very rich country...? Quote Link to comment Share on other sites More sharing options...
lab276 Posted April 23, 2012 Share Posted April 23, 2012 Three of the PIIGS have the some of the highest home ownership in Europe. It doesn't mean much. Quote Link to comment Share on other sites More sharing options...
snitch Posted April 23, 2012 Share Posted April 23, 2012 Bulgaria has the highest home ownership rate wordwide and therefore must be a very rich country...?Yeah, we eat money here Quote Link to comment Share on other sites More sharing options...
A Marvel Fanboy Posted April 23, 2012 Share Posted April 23, 2012 We can see the same thing in China, with ghost cities, unused infrastructure, strong price increases for houses/apartments...But I hope they won't have the same kind of crisis.It is definitely not a good thing here in China. Quote Link to comment Share on other sites More sharing options...
Rudolf Posted April 23, 2012 Share Posted April 23, 2012 Bulgaria has the highest home ownership rate wordwide and therefore must be a very rich country...?You are right home-ownership is influenced by tradition as well. I have chosen that indicator because Spaniards are famous for their zeal to posess a home. Quote Link to comment Share on other sites More sharing options...
Rudolf Posted April 23, 2012 Share Posted April 23, 2012 Three of the PIIGS have the some of the highest home ownership in Europe. It doesn't mean much.Ireland is also a queer country. Even before the crisis Ireland was one of the richest countries according to some indicators and also one of the poorest, which made it susceptible to the crisis. Quote Link to comment Share on other sites More sharing options...
pinocchio Posted April 23, 2012 Share Posted April 23, 2012 The USA had a housing bubble, Ireland as well, Spain, too, China might follow...The end result is mostly a collapse like the subprime disaster. Japan in 1989, anybody? They never fully recovered. Quote Link to comment Share on other sites More sharing options...
A Marvel Fanboy Posted April 23, 2012 Share Posted April 23, 2012 We are having housing bubble ... not collapse yet. Quote Link to comment Share on other sites More sharing options...
vc2002 Posted April 23, 2012 Share Posted April 23, 2012 I suppose Spain is full of demonstrations these days right? I mean, since half of the young people dont have a job... Quote Link to comment Share on other sites More sharing options...
pinocchio Posted April 23, 2012 Share Posted April 23, 2012 I guess we should start to discuss box office again... Quote Link to comment Share on other sites More sharing options...
lab276 Posted April 23, 2012 Share Posted April 23, 2012 How many tickets were sold in Spain last year? Quote Link to comment Share on other sites More sharing options...
pinocchio Posted April 23, 2012 Share Posted April 23, 2012 I don't know the overall number but from Q1 to Q3 movie admissions in Spain 2011 already dropped -10%. Quote Link to comment Share on other sites More sharing options...
pinocchio Posted April 23, 2012 Share Posted April 23, 2012 Overall it dropped 7% in Spain. See the full list for european countries here:http://www.obs.coe.i...linale2012.html Quote Link to comment Share on other sites More sharing options...
lab276 Posted April 23, 2012 Share Posted April 23, 2012 Wow, Spain fell to 94m, that's only 9m tickets ahead of Australia. Quote Link to comment Share on other sites More sharing options...