martes, 26 de noviembre de 2013

THERE IS NOT OF FINAL TRUTH OF THE TUNNEL THE TREASURE IT IS NOT ABLE TO REDUCE THE COST OF THEIR DEBT


The stranger situation that we are living in Spain with the non resolution of the economic-financial problems but the initiative of Catalonia to be left the Spanish centralist decontrol, makes that the words that the government pronounces saying that the crisis has played bottom, don't have credo some the same as the financial credit that neither it leaves toward the society and he stays in the government sustaining the debt, they are not believed that the blame is of the banks, like they want to make us believe the politicians or economists you tune the government, it is certain that the banks in principle don't lose anything they request money to the BCE to almost null cost and they lend it to the state to 3.5 average% and they also say or they believe them that without risk, this operation is demanding it to him and guaranteeing it the own minister Montoro. 

For that reason after refloating the banking it continues without flowing the credo and for that reason there is not creation of net employment, the pensions continue paying the unemployment subsidies (the world the other way around) etc. this reality takes me to the deduction 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 of effective application in the special context of our economy, but unfortunately the economists and politicians don't find alternative, and go for before that they cannot find them, because they are measured to refloat strong economies but in crisis, and Spain unfortunately doesn't have economy to refloat, and he doesn't have it simply because he still has to build this way it that which is a great problem, the things the only thing that has been gotten it is to stop the fall out 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 they have 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 and 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 is superior to the necessity of getting in debt, 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 cost of this situation increases, and if they calculate the differential between debt cost and possibility of attainment of revenues, they will see that the deficit between both increases more and more, and the German recipe for that reason here 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, 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 parallels, otherwise 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 taxpayers, and mainly to avoid or to negotiate so that one of the main taxpayers doesn't leave I don't know if they understand me, otherwise that makes it is to catch a miserable bread for today and a lot of hunger for tomorrow.  

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