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Despite the national strike, local women in blue overalls toiled Wednesday Christian Louboutin Boots stitching machines amid the acrid smell of glue in the company's small Felgueiras factory, tucked in the vine-covered hills of northern Portugal. Margins are low because, with 300 different models, the factory produces as few as 100 pairs of each type. Sampaio, which sells some euro10 million worth of shoes a year, virtually Christian louboutin Peep Toe Platform Pumps of them outside Portugal, hasn't had a profit for two years, said the owner and CEO, Joaquim Carvalho. The company is now forced to reduce spending on investment and marketing, further undercutting its ability to break out into the premium leagues. "The whole country is tightening its belt, and so are we," Mr. Carvalho Christian Louboutin Petal Sandal Pink. "Consumers are scared to buy because they fear they may become unemployed tomorrow." Funding, relatively easy to get a year ago, has also dried up, Mr. Carvalho said: "The Portuguese banks themselves don't have any moneyand they don't give it to us." Though the company doesn't rely on Portugal Christian Louboutin Petal Sandal Violet Blue sales, it's far too small to tap international capital marketsand remains hostage to Portugal's liquidity crisis. Portuguese officials insist the crisis isn't justified, and that the markets are lumping their country with Greece and Ireland unfairly. They point out that the deficit is relatively low and, despite the previous round of austerity cuts, the economy grew a relatively healthy 1.5% in the third quarter.