The next Bailout of Spain.
The bailout of Spain has now taken place after 1 1/2 years.
But it will not stay that way.
Spain will not get back on its feet despite financial aid and loans. The socialist structures + nepotism are too strong and the trust in Government is down and LockDown break the neck of economy.
It's over!
Therefore it will come also in the...
I have been following this count for quite some time now.
Bailout Spain has arrived as expected.
All the centralbank money and buying of zombidebt could cosmetically save the balance sheet of Banco Bilbao and possibly start a turnaround.
But I will definitely not buy the share.
The first riots have also started extraordinarily early.
The CoronaLockDowns...
After almost 2 years, Banco Bilbao share is still on target.
A bailout/bailin is imminent and should lead to riots or even revolution in another 2 years.
In 2018 this was still unimaginable and today hardly anyone would doubt it or rule out the possibility, would they?
