THE GOVERNMENT'S NUMBERS AND THE LIES DE PINOCCHIO

Today they are presented to the courts the PGE, new more sophisticated way to denominate the General Budgets of the State. I believe that they make it to give example of the cuttings that bear; they clip this way until the real nomenclature. But what they don't get is to hide the reality of a failure already announced, and discounted by all the economists and markets of capitals of the whole world, Spain doesn't leave this for if alone, it is such a clear evidence that the government would owe to face her instead of going inventing lies for not attending class like toward Pinocchio. 

To try to fulfill the budgetary cutting, the debt public Spaniard will reach a level of around 78 percent of the Interior Product Bruto (GDP), the minister of Economy, Luis De Guindos, said in an interview granted to the Wall Street Journal. Although of course it omitted, that is to say he lied, on the first part of the reasoning or cause of the debt increment. It is so evident that Spain cannot work with the reduction of the state budget that the juggler minister of economy Luis De Guindos using its powers of former Lehman Brothers, it is changing economic departures of here it stops there, and trying to deceive to the economic world with its face and aspect of having had more than enough illusionist, but I fear myself that it won't get it.  

The intent, necessary on the other hand, of payment to suppliers, together with the necessity of financing the lack of elementary resources among the difference from an equivalent deficit to 5,3 percent of the GDP, until the 6.5 or 7 percent that he really needs the expense of this country, since the collection falls without control some, he makes that one has to appeal to the emission of national debt. Some smaller other measures and an economy in contraction, the Spanish ratio of deuda /PIB will increase in about 10 basic points from 68,5 percent from 2011 to the 78 or 80% of 2012. De Guindos he says that Spain doesn't have margin for errors, adducing that the markets could penalize to the so much country if he doesn't carry out enough adjustments as if he carries out too many, due to the fear for an effect in the economic growth. 

Spain has gone aboard in a "difficult" economic reformation, but that it should return to the country to the path of the growth in 2013, the minister of Economy, Luis De Guindos, said another knowingly lie, Spain doesn't grow again until at least in 2016 that is to say until he recovers the demographic balance and the economics of the country that now both very dimensioned are. On one hand there is excessive manpower that hopelessly is translated in excessive unemployment, and for another in the face of this reality, the capital refers to the capital in uppercase, he leaves outside of the country to make business and it won't return until here in Spain, it has been liquidated the real estate bubble and that of the national banking definitively. 

This last one is precisely other of the lies or concealments that the state and their government maintains. The bank, alone bubble is accepted as such a bubble, the exuberant explosion of the real estate industry and of the construction, happened in our country in last decade, but surprisingly nobody remembers that this bubble, I finance the exuberant and illogical growth of the Spanish banks, and of the public companies of works and services that passed of being some national companies to some international monsters. It is inconceivable that a country in ruin like ours possess in their economy three of the most important bank entities, of among ten first of the world.   

Now in the time of cuttings, the government is totally lost because to clip clips, but to finance the cutting is not able to, he doesn't have revenues, look at the whole surviving industry in Spain, and almost all the fortunes and/or national SICAVS, although they are swimming in the abundance they will present patrimonial and financial declarations with countless lost of capitals and values, this caused that the liquidations of the IRPF and benefits of societies were compensated by the effective fiscal law, and it is very possible that the public country property, is not already seen in the necessity of not having revenues but of having to return millions of Eurus coming from retentions to bill that now will be compensated for lost of capitals. 

The thing paints very not well truly bad, because in Spain there is not neither I Govern, neither Managers, neither Companies, neither Banks, neither Spaniards that feel the more felt kitten of homeland, here each one goes his.  Spanish is not neither political, neither manager, is an individualistic that alone he worries about him, this way in the first supposition as political, alone cares him the pomp and the graft, and in the second case anything of manager but simply opportunist and speculator. 

That I am not right, to see tells me you how many managers they know that they have forged a fortune by means of manufacturing a product or an invention, casual or not, or that they have undertaken one it subcontracts of services that when they have gotten that small or great fortune, they have continued investing in another facet, or product that provides them the continuity of their managerial work, creating more employment and wealth in their industrial context or of market, none will be able to me to say none, that makes a not well called Spanish manager, it is to be sold their company to hit the hit, and to live off rents all their life, and the normal thing is that when the product dies for the recurrent logic of the modernization of products or processes, the company also dies and it is not anything, neither I work, neither workers, alone the industrial ship in rent or sale. 

This is the reality of Spain, we don't have any industrial structure with the capacity to be able to lift the country, in these moments all that uses personal or it is directly public or related employment with the public services, or it is multinational industry that repatriates their benefits and if there is not the he closes, and that if millions of autonomous that with great difficulty they are paid their salary, while they wait a blow of luck to see if their business can be sold to a multinational, or bottom investor to pass to augment the club of the financiers. With these wickers gentlemen it is very difficult to reconstruct a country in the point of disorder and structural misery in that the last 15 years have left it to us