The stranger situation that we are living with the resolution of the economic-financial problems of Spain, makes that the words that the government pronounces saying that the crisis has played bottom, don't have credit some to the similar of the financial credit that neither flows, there is not creation of net employment, the pensions are paying the unemployment subsidies (the world the other way around) etc. takes me to the reflection that our economy is caught in a gross heap of errors of concepts and economic and financial bases, inappropriate for our economic reality.
Spain is smeared in actions forced correctives or not that they have not been neither they are already of effective application, but unfortunately the economists and politicians don't find alternative and go for before that partly it is because they are measured to refloat strong economies but in crisis, and Spain unfortunately after the failure of the economy of the brick doesn't have economy to refloat, he has to build this way it that which is very different, the things the only thing that has been gotten it is to stop the fall but of here to refloat a world he goes.
Even knowingly of this fact, the fights already continue almost fratricidal between the believers of some or other concepts to apply, and like it is demonstrating day by day they don't work neither some neither other, because in definitive they are counteracted, this is a natural effect in all the things of the life, when one goes up another low one hopelessly, in summer it is hot in winter it is cold, and this way everything works equally in this life, the bad thing is when one seeks to ascend and to lower at the same time, the result is that he stagnates in a step and there he stays, until it breaks the tendency of wanting to make the things without the due order.
The thing is complicated because in the bottom, nobody wants to recognize what has passed to arrive up to where we are, and if one doesn't want to have or to put in clear the starting point, neither one has clear the arrival point, said otherwise, if one doesn't know how we entered in this, neither we will know how to leave, that said the correlations doesn't work and when they take measures it is very probable that these they don't prosper because there is no correlation with the cause of the problem. Bad that it weighs me because it is known the dislike that I profess for the Chancellor Merkel, she is right when it sustains: It cannot get ready the debt with but debt" certain and believing in this maxim as in God, their theory closes in a single concept: to reduce debt.
Well this seems and it is logical, we already have now a clear correlation we lack the other one the one that completes the reaction of lowering the existent debt, and here the divergences begin. For an economy like the German the thing is simple, with reducing its expenses he has enough, because its generation of revenues or commercial balance continues being positive, in spite of the stop of the economy, so without making anything but with the time it will reduce its debt.
But what it passes with Spain, here the thing doesn't work this way, without entering in you criticize of the because of him as, the reality is that our debts are a reality that you retro feeds every day more, because with the cuttings, the fall of the consumption and the unemployment every day the differential increases between debt cost and possibility of attainment of revenues, they also increase more and more and the German recipe for that reason doesn't work, and therefore if we continue this way, we get in debt more and more, because as they go reducing expenses, he goes them going up the unemployment, he deteriorates the consumption and therefore the generation of wealth, and the worst thing, the interests of the debt continue ascending (at the moment alone in quantity but soon he will also make it its cost of interest) and we will have to pay them.
Incited by the pressure of Germany and of the markets, (that they also continue without understanding it until they are left without hens of the eggs of gold to survive) to the countries problematic calls, are demanded hard sacrifices now, that which I find well, but it lacks the corresponding reaction. To the sacrifice of the expense reduction, it should be made the reactivation of the economy paralleled, otherwise to the action of reducing expenses is counteracted with the one of reducing revenues, result, the action is null completely, the pursued objective, the debt, continues here and increasing.
And I eat final point a warning to the government from Spain; you are making a mistake as always. Before increasing to create and to recompose taxes, it is necessary to create who pays it, otherwise that will make it is to catch a miserable bread for today and a lot of hunger for tomorrow.
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