Sovereign debt bubble thread

[Barrister]

You consider that a dealbreaker? Sheesh.

Yeah, seriously.

Also, Düren is not a big city, it has barely 100k inhabitants. You would find a few bars and dance clubs, but certainly not a vibrant nightlife like in, say, Berlin or Hamburg.

I've lived in cities of just a few thousand people, and they managed to have bars, dance clubs, and a general "night life".

[Syt]

Yeah, but in your case it was the biggest city in a 100 mile radius and nights lasted 14 hours.

[dps]

It's rational to think the prices accurately reflect all available market information.
In fact, the very economic model you rely upon assumes the truth of that statement.

I've always had a lot of doubt that that assumption actually holds true.  In fact, it's quite clear to me that it's often untrue, at least on a micro level.

[MadImmortalMan]

Here's an idea: Start a nightclub in Düren or Aachen and corner the nightlife market. Then invite all your friends from Seville to come up and party.

[alfred russel]

Maybe it is just a cultural difference rather than a lack of clubs. If you come from a place where you are used to dining/hanging out late with friends and restaurants don't open until 8:30, then everyone eating dinner at 6 and then staying in with their families could be jarring.

[Iormlund]

You consider that a dealbreaker? Sheesh.

As a young single guy? Of course I do. What's the point of life if you don't socialize?

Now, I can see the appeal of working your ass off for a couple years as an investment, but that's not what we are talking here. These businesses want regular-hours long-term employees.

Maybe it is just a cultural difference rather than a lack of clubs. If you come from a place where you are used to dining/hanging out late with friends and restaurants don't open until 8:30, then everyone eating dinner at 6 and then staying in with their families could be jarring.

That may be it. Before I went part time I got home from work no earlier than 19:30.

[Duque de Bragança]

You consider that a dealbreaker? Sheesh.

Yeah, seriously.

Also, Düren is not a big city, it has barely 100k inhabitants. You would find a few bars and dance clubs, but certainly not a vibrant nightlife like in, say, Berlin or Hamburg.

Nightlife in Düren? It's got a name, it's called Aachen or even Cologne . Besides the last two are well connected by ICE and Thalys to Paris, Brussels, Amsterdam, Frankfurt and Berlin.

[Sheilbh]

I imagine it's like  the bankers who moved from London to Zurich. If you got a guy from rural Spain it'd probably be a different story.

Although language obstacles to labour mobility are a big problem with internal devaluation in Europe.

Anecdotally I think there's been a huge increase in Spaniards in London, which is wonderful. Our chef at work's a Spanish mechanical engineer and about half the company's Spanish.

[The Minsky Moment]

You consider that a dealbreaker? Sheesh.

he's from Seville.  There ideas of what constitutes nightlife are different.  A 10PM dinner reservation is considered early bird.

[Sheilbh]

So, Iorm come to London. You've experience and the language so could get relevant work. I think we've still got an economy. Just about.

[Iormlund]

You consider that a dealbreaker? Sheesh.

he's from Seville.  There ideas of what constitutes nightlife are different.  A 10PM dinner reservation is considered early bird.

I'm from Zaragoza, not Seville (that's the guy mentioned in the article). But yeah, you are completely right.

[The Minsky Moment]

(that's the guy mentioned in the article).

Right that's what I meant.

[Iormlund]

So, Iorm come to London. You've experience and the language so could get relevant work. I think we've still got an economy. Just about.

I've been to London once and loved it. It'll definitely be on the list if I have to move.

[Admiral Yi]

I recommend you stay away from Utah.

[Iormlund]

I will, thanks.

Incidentally I had an interesting evening. I met a foreign-born school-mate who I hadn't seen in over 20 years. He's an extremely intelligent, 'can do' kind of guy and has lived a very peculiar life all over the place -- but always came back. He's done everything from playing The Game as a teen to training police in martial arts. He's worked as a DJ, an electrician, a manager or a mainframe operator. He boarded a plane to NYC when he was 21, found a gap in the US-Spanish import market and made a killing while it was open.

He says he gets asked a lot: "Why are you still in Spain?". His response: "It's the best place to actually live in".