For the Spanish economy, the long swindle and later 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 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 unnatural situation
that is exploiting us in the face. 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 convenience between friends or relatives,
the creation of a "private" net of companies, all them based alone in
the services and 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
town, for example Telefónica, Iberdrola, Enel, REE, Endesa etc.
There is 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, Meter Bacesa, Abertis, Natural Gas,
Repsol 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 credit, a
work abroad that it got 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 that 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.
And they don't create that this apocalyptic vision of the national truth
of our managers and political and capitalist masters be alone an impression of
my gotten worked up mind, by no means. 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 is unavoidable that the
Government has to rescue banks. But this alone it is a piece of the puzzle.
Without growth, the Spanish State will need a rescue for itself."
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. Because they believe you that Spain is
the country that smaller company has, and more autonomous in proportion there
is of Europa, a cause is the lack of managerial education of the risk, and
another that the government and the politicians don't favor the creation and
expansion of companies, really.
The only ones that we have are reminiscences of the false privatization
of the companies of services of public administration, the big Spanish
companies derive of services ministerial publics, Telefónica, Renfe, the
electric ones, the companies of civil work, and those of administration of
services, it dilutes, light, gas, petroleum the case of Repsol for example,
then some of sanity and the banking are.
This can justify it for the following reasoning: All the big national
companies are to the politics’ service, as nurses and cemetery of elephants,
all are created by means of the state, passing over them to friends or former
politicians that follow some functions that toward the state, until the
European general pressure and World cup advised to change the outline, but
notice that none has created industrial clusters, they have been limited to
make that exactly they made.
Examples: Telefónica, it has created some company of phone apparatuses,
it is put creating parallel investigation in chips, computer programs, it has
created some Spanish mark of computers, no, it is limited to make that he made
give voice service and data through the net that continues maintaining that yes
improving. The electric ones are still the most serious case, not alone they
have not created development, but rather they have made the impossible thing to
annihilate the intents of the renewable energy, creating a disorder of such a
magnitude that has been killed the profitability and the desires of national
development of companies of this technology.
The construction companies and structures, they have not made nothing
else that to build what the government has told them, but they have not
developed anything but, knowing that in Spain there would not be more place for
highways and freeways neither AVE. the business died and they have left all,
without leaving another industry here of what was that maintained employment or
development, cars, trucks, mechanical stairways, what is, and this way anyone
of the branches of the big industrial structures of this country. They are not
worth me in this case ZARA and "The English Cut” that he would say that
they are the exception that justifies the rule, and I believe that it is this
way because their products have never made them the state.
This is the reality and the colophon of the situation of death for
suicide of this country, their tremendous centralization, their political
selfishness, its imperial reminiscence that should circulate for the blood of
many big families and Spanish politicians, has prevented that Spain was
developed outside of its it guides, when the II republic happened I don't leave
it to him neither to attempt it, you dynamites with a brutal civil war, you
continuous with a dictatorship that returned everything again to its place, and
when this it died, you maid the current state that neither it is free, neither
democratic, it not even governs for the Spaniards but its alone Spain it stops
his.
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