We should be writing about things like the 12% that Grupo Santander has shed in the last 2 days on the Bolsa de Madrid (dragged down, not because of any S&P country rating but in RBS's wake). Or the fact that 4 of the 6 index banks are now trading below their fairly resistant lows of mid-November. Or even that, according to Reuters, the spread between Spanish interest rates (10 year, we assume) and their German counterparts remained stable, following a jerk of the knee, and that the item that took the brunt for the rating news was the euro itself - currently quoted at 1.29 to the buck.But no. Instead we will wonder aloud about the phenomenally high levels of what can only be called 'self-satisfaction' - focussing almost exclusively on the man's racial background - oozing from Spain's TV stations in the runup to President Obama's inauguration.
Put it back in your pants, kiddies, before you cream yourselves. There are no bragging rights to be had here. It ain't your country, you didn't vote for him and it'll be a thousand years before we see anybody named Ibrahim, or even a Gypsy named Sánchez, in the hot seat of this country, or any other in Europe.
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4 Comments:
Parallel condescension & smugness over the airwaves this side of the Pyreness...
Quelle surprise
Yes, a thousand years to see an Ibrahim and light years to see a Jordi. No surprise here.
Same if you keep travelling north and cross the channel - one feels like we are in the 51st state when looking at UK newstands.
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