BECAUSE IT IS NOT ENOUGH TO RESCUE THE BANKING NO MATTER HOW MUCH THE RAJOY’S GOVERNMENT TELLS IT

For the Spanish economy, the precipitate nationalization of BFA-Bankia is alone the principle of a new wave of problems for the Spanish banking that alone it will conclude I fear myself with the rescue of the country and not alone with the rescue of the banking like it seeks to be deceived the Nr. Rajoy. And I don't say it alone for the problem of the banking, but for the whole economy of Spain that is destroyed by the governments' that have gone from 1978 blame. The governments of the PSOE and of the PP they have never been political statesmen, but merely ambitious and taken advantage of characters that were devoted to exploit the benefits of the entrance of Spain in the European circuits after Franco's death. 

Not alone it is the banking the one that is in among having said, although now it is the acoustic speaker that accuses the critical situation that is exploiting us in the face. They will see I come saying in many of my articles that it is impossible that an economy of the size of Spain possesses four systemic banks, since all our GDP is unable to sustain neither to one alone of them, it happens to us with the banks, like with the trains AVE, we have more than Germany and France meetings, countries that bend us in GDP notice well they bend us in economic resources.  

But they don't finish the misfortunes to that our rulers have met us here, be which is their color or tendency, it is that in combination with them, it has been created by means of the rewards, friend or parental, the creation of a complementary and necessary Industrial net for the economy of a country, together with the financial one, it has been made with companies of "private" capital, all them based alone in services and coming from the privatization of previous public services that they don't add added value some to the productive economy, they are simply you scheme of sucking rates and money to the Spanish people. For example: Telefónica, Iberdrola, Enel, REE, Endesa etc. 

There are another group of companies of the same foundation origin that has been devoted to explode and to despoil the benefits that today drags us to the European intervention, that is to say they are the real estate monsters, and manufacturers of empty and useless infrastructures that not alone they don't create wealth but rather they have created the debt garbage, and the unjustified costs that today has to eat up you and me friend reader. I refer to: ACS, Ferroviales, FCC, Works, OHL, etc. 

The whole fabric industrial and economic Spanish is false, neither in the banks there is the money that they need, neither the industrial fabric can be sustained in Spain because there is not base some of production neither of export, when we read in the newspapers of economy that ACS for example, it will build a bridge in such or which foreign country, I begin to cry because that that in fact says, it is that it will finance with money to Spanish credo, a work abroad that it will get paid when he can, and that it didn't also occupy neither a single manpower Spanish unemployed, I roast if it will make a money that neither we will see neither it will be good us here for anything. 

This is the reality of Spain that reality that it doesn't like that he is discovered, and for that reason the or the shift governments make the impossible thing to hide it, until the end of the bubble arrives and everything explodes and it is this it is the reality, it is not the Banking it is only the hit capacity that has exploded also, this was what sustained the false greatness of the Spanish managerial fabric. 

The King runs this way now to South America because if they condemn us the sources of entrance of the companies "privates" Espanola’s like in Argentina and Bolivia, we will already see from where they take out the bills of results for the dividends of the shareholders. And this because it is happening, because there they have followed the same pattern, to enter, to see, and to get paid, if was not this way, it would not be they possible to those countries to continue alone, without the support of the managerial base that makes work the petroleum and the electricity in their territories, but I eat what these Spanish companies make in fact, it is to mount the intrigue in cardboard stone and nothing else, because it stops that they stay it and everything continues equally. 

And they don't create that this apocalyptic vision of the national truth and of our managers and political and capitalist masters be alone an impression of my gotten worked up mind, by no means. In a column published in Financial Times, Roubini assures that the Spanish banking will need up to 250.000 million Eurus this year to fulfill the capital obligations imposed by the European Bank Authority (EBA). "With the Spanish economy in abrupt contraction and with the unemployment ascending, it was unavoidable that the Government had to rescue banks. But this alone it is a piece of the puzzle. Without growth, the Spanish State will need a rescue for itself", the economist of Lebanese origin affirms. 

With the new demands of provisions imposed by Rajoy's Government, the banking will cover around 50% from its exhibition to the brick. However, that would imply that it would not be "neither a euro" to cover the possible derived losses of the credit’s and the corporate debt and the private debt of which nobody wants to speak. And the silly question is: from where Spain will take out it governs who governs the necessary money to cover these holes, more those that there is already created for example as the cost of the unemployment, without an industrial source that produces wealth added to make go up the Spanish GDP.