>>60836910
correct.
i would never touch a spanish stock. on top of that their options are extremelly non-liquid and all it takes to snuff out once again the investors money is more taxes and regulation from the commie state. ibex35 (spanish "equivalent" to sp500) still hasnt recovered from the 2008 crash when adjusted for inflation, country debt is soaring (and since many companies are mostly reliant on state contracts its just a matter of time everything burns to a crisp). Spain is bringing the ability for retirees to fucking work again and retirement age keeps going up. Pensions are CPI adjusted, so the boomers get more and more money and everyone else pays more and more taxes. Billions of euros literally disappear and the state just shrugs it off. Over 40 years the salaries have increased only 2.5% when corrected by inflation. nº1 place in youth unemployment in europe despite purposely manipulating unemployment numbers (there is literally a category called "discontinuous permanent employees" LMAO where they put all the people who worked recently so they dont count towards unemployment numbers). If only i knew the date when shit hits the fan to short everything touched by the spanish government.