9 Aug 2011
A TIME TO BUY ?
Eurozone Crisis : A time to buy ?
If you have the money, it is the best time to buy.
Cash strapped Companies, Councils and even Countries are selling their family heirlooms.
Who is selling what ?
· Companies
BP and Toyota are selling entire business divisions at a few billion dollars a piece
· Councils
A Council in UK is holding a civic fire sale of
* CCTV Towers
* Shipping Containers
* Tree Planters
* Steel bins ( + 400 other items )
The Council just got a budget cut of 33 million pounds !
· Countries
Debt-ridden, Portugal – Italy – Greece – Spain are offering to sell,
· Airports / Seaports
· Railroads
· Postal Services
· Telecom Infrastructure
· Banks
· Anything state-owned that anyone offers to buy !
Next time you see on eBay / Amazon, an advertisement which reads,
“ PIGS for sale “
You will know what PIGS stands for !
With regards
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