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1 posted on 04/10/2012 8:59:36 PM PDT by Steelfish
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C’mon, Sheldon. How about a few more coins for the Newtster?


2 posted on 04/10/2012 9:03:36 PM PDT by Gene Eric (Newt/Sarah 2012)
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To: Steelfish

What’s your point?


3 posted on 04/10/2012 9:03:55 PM PDT by 2ndDivisionVet (Ich habe keinen Konig aber Gott)
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To: Steelfish
Obvisoulsy, Mr. Sheldon is a smart man. Why Spain? Why will their economy improve anytime soon? Why would anyone invest into the Euro idea as of now? I know there will always be people with money who want to gamble, but this seems like a weird time.

However, "the time to buy is when there's blood in the streets." Perhaps Mr. Sheldon is a great contrarian,

Of note in Spain, you can't walk away from a mortgage, ever. The debt follows you around forever if not paid off. That is one of the reason, I doubt there will be any recovery anytime soon there. I don't know if companies are treated differently, but if the casino does go tits up.

8 posted on 04/10/2012 9:22:11 PM PDT by Theoria (Rush Limbaugh: Ron Paul sounds like an Islamic terrorist)
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To: Steelfish

Yeah, that’s what Spain needs: 36,000 more hotel beds. And since unemployment is only 25+%, and the mean income of those who do have a job about 20k euros, it’s obvious that the Spanish with all that extra money they don’t know what to do with will flock to those casinos!


13 posted on 04/11/2012 2:32:16 AM PDT by Moltke (Always retaliate first.)
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To: Steelfish
From the article:
Under its $31 billion Macau unit Sands China Ltd, the group already has two casinos open in the former Portuguese colony.

Left this rather pertinent bit out of your post.
This group is diversified in its holdings.

14 posted on 04/11/2012 4:28:24 AM PDT by Tainan (Cogito, ergo conservatus sum)
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