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The International Box Office Discussion Thread

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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.
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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
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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%
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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...?
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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.
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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.
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