A TIME TO BUY ?

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

HEMEN  PAREKH