CATALONIA WON'T BE INDEPENDENT DE SPAIN FOR THE POLITICS, BUT FOR THE ECONOMY DE SPAIN.

 

It is evident that in Catalonia we live in a contradiction. Officially we are Spanish and do we really need the Spanish" "government, but is the question we need Spain?, the consultant of Economy, Andreu Mas-Colell, does it claim to the Ministry of Treasury the setting in march with urgent character of the Fund of Autonomous Liquidity (FLA) to achieve 5.023 millions with those that to make in front of expenses, as the payroll of officials, the payment to suppliers and the refund of emitted debt.  

 

And in spite of it to weigh repeat that the Catalan revolutionary threat angers to the Spanish government, and this closing the faucet the only faucet that Catalonia has to be supplied of funds, this it will disappear I don't already eat nation, but I eat autonomy, as county and I eat society, that is to say it loses everything, very since in spite of everything it hundreds of people's thousands showed on Tuesday demanding the independence of the Spanish State. Would this last thesis be viable?  

 

The managers and expert economists that are manifested freely differ on this matter, Catalonia is the most indebted community in Spain, with 21% of its GDP and he has to carry out a superior adjustment to 4.000 million Eurus for re conducer its deficit to 1,5 % conventional with Treasury. That economic decline has taken to the agencies of debt qualification to reduce the Catalan note and to leave it in the level of voucher garbage, that that in turn has closed him the access to the credit markets. Good test of it is it that the profit abilities that demand him in the secondary market of debt vary between 12% and 13% for debt to 10 years, a level in assumable keeping in mind that it confronts expirations for value of 5.000 millions in the second part of the year. 

 

But it is that the closing of the markets, it is caused by the high expense committed by the previous tripartite Government and because Catalonia is not an independent State. If Catalonia was an independent State and did its Government have a debt of alone 21% of the GDP and if, also, his deficit was between 2,5% and 3% of the GDP, would it be considered a healthy and reliable economy why the markets don't want to leave borrowed to Catalonia? For a very simple reason, because it is not an independent State, but rather it is part of Spain. 

 

But leaving to a side the Catalan numbers that makes impossible the segregation of Catalonia of Spain, they are the numbers of Spain, I told it some days ago Spain it is today in day what Madrid and Catalonia contribute to the arks of the national treasure, and it is certain that when from Extremadura or Galicia is said that if Catalonia requests they pay, but this is trap a trap very concocted by the Spanish government, the bad thing of this that is also certain that before this manifestation, Catalonia responds alone we request what is our and undoubtedly it is this way, Catalonia like he makes it Madrid and the other ones, except Basque country and Navarre, they deposit their taxes to the Spanish public treasure, this it redistributes them and surprisingly to Catalonia and Madrid returns them very much less than what they have surrendered. 

 

This is already known although not admitted, because it interests this way the Spaniards, so when Catalonia requests money to Spain he is right when saying that in the bottom it is its money, and at the same time they are also right those that say from Spain that they take off it to them, this it is the problem of the redistribution, the thing he gets complicated because for example now Spain like he doesn't have money and he must pay debts and to square deficits that makes clips wages it clips expenses and it clips redistributions, for pure logic, but Catalonia this cannot make it cannot clip its contribution to Spain, to make the same thing that makes Spain, recover funds to balance deficit and debt. 

 

The defenders of the independence believe that the problem economic Catalan would be solved if the Spanish State liquidated the fiscal deficit that, in its opinion, he rises to 22.000 million Eurus a year. From the Circle of Economy, lobby managerial Catalan says that it is necessary a new fiscal pact, but not with the purpose of achieving the independence, but to reform the autonomous pattern and its way of financing it. In yesterday's speech, the president of the Generalitat, Artur Mast it didn't clarify if it will take the proposal of independence in their next electoral program. But that that yes it is clear that or the current situation Spain Catalonia is changed, or this situation can put an end to two o'clock because if Spain collapses Catalonia he collapses and vice versa.