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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