Eurozone loans to private sector – Time to buy EU

Chart courtesy ZeroHedge.

If ever there was a chart that screamed bullish EU it’s this one. Remember the average interest rate for a home loan in Central Europe is now is 3.3%.

And as the Euro get’s cheaper this can only go up… The next 6 months are the last cheap days in my opinion..

In a related post i made the case that the Costa del Sol region of Spain that was decimated in the bubble fallout has now completed it’s cycle and has begun an uptrend. http://signalinea.com/5-reasons-why-now-is-the-time-to-buy-costa-del-sol-spain-property/

 

November Eurozone Loan Creation

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

2 comments

  1. snake-eater   •  

    Malaga has been on a list for a long time. Our forecast is the same with this one.

    • jf991   •     Author

      Yep, you fly into malaga then drive down to marbella..
      Was there few weeks ago..

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