miércoles, 6 de noviembre de 2013

TO LOWER THE DEFICIT GOING UP THE DEBT IS A RAMSHACKLE BUSINESS THAT CANNOT BE SUSTAINED


All slopes of tomorrow's of the BCE meeting are and less bad than there is this appointment because I have the impression that the UE is missing in these moments in fact is not European Union, there is not European Government, there is not European politics, there is not European economy, there is not European Physicality, there is not any European stamens that has authority some if we except the BCE, there is not consent for anything, there is not any country that feels comfortable in the Europe of the euro, there are not desires of to make or to change anything, alone there is an alive element that go to its wide ones I would say that without control and without consideration some making more damage of the one than we refuse to see I refer to the EURO. 

The European foreign currency the one that should unite interests objective economies and physicality in europa, is no longer good us for nothing else that to speculate, or worse still so that they speculate other, and that yes, believe every time more an more debt a lot of debt, and unemployed many unemployed, so for all this we are all expectant ones to see what tomorrow it passes with the only ones that seem that they continue in foot in this sleeping euro area the judicious economists of the BCE. 

Normal people that we inhabit this continent, are fed up with politics and political and we cannot tolerate more. It is that among the European politicians, those of the European nations, the federations and communities of each European nation, the governorships, delegations, counties, tumors, counties, and other organizations, there is more political and officials that workers in the industrial companies, clearer statement: there is more expense than production, there is more debt than collection. 

You cannot continue this way, to seek now to fix the things with cuttings of public expenses no longer serves, he says the Spanish minister of economy Mr. Guindos that the scenario has changed and that the circumstances are changing, and already days ago has not made mention some of the debt, but I am for sure this every day it goes up a step more, because if there are less revenues in spite of the ascents of taxes there is but to finance. 

The solutions that they come us from the European Union already know them: it is necessary to clip, it is necessary to reduce expenses, well very well but and that we make with the debt that we have created, reducing and clipping won't get more than to worsen her, I believe that the Spanish government, he has rushed to open tomb to legislate economic measures, without having the complete vision of the situation, it is clear that the government doesn't govern Spain, but rather they govern it to him, they put this way him on the table the order of what has to make and him ago. To reduce the costs to increase the revenues and I eat consequence to clip the deficit, but I ask again, he is really decreasing or alone in numbers because if the low deficit but the debt is shot. 

And the equation is the following one, if in 2012 with 85 debt% on the GDP had a deficit of 10% now paying attention to the CE we will have a deficit of 6,7% (-30%) but a debt of 100% that is to say 15% but, that means that it has more than enough a GDP in 2013 of the order of 980,000 million Eurus in deficit we will have saved 33.000 millions but on the contrary the debt will have gone up us 150,000 millions I don't finish seeing where the improvement is because the numbers tell us that the only thing that we make is to change deficit for debt that we also find difficult a heap of interests.  

The problem of Spain, its expense deficit, comes for the recession in that immerse is, the problem of Spain if this alone suicidal, guided politics maintains to reduce the deficit, and to pay debt with interests of more than 4%, without you acts with or without agreements with the UE, to be able to reactivate the industry and the economy in order to be able to collect more, we won't move of the place, if every day it is braked the economy more and more, and consequently the collection, if the answer to this is not another that to increase the taxes, we will not already enter in more recession, but in economic depression, of the one that amid the current European de coordination, it will be we impossible to leave.  

The European solutions have been and they are a fiasco, and as soon as possible we put it before on the table of negotiations we will leave the well in that we have entered, to maintain the current situation he will make us worse than well, to overcome this situation is mathematically impossible, he goes the generation of costs more quickly, for the necessities of common expense, (even reducing it) to maintain the sociability and the governability of Spain that the obtaining of financial resources.  

This is this way, there is a deface that between expenses and untenable revenues, and this generates logically but debt that accumulates together to the one that crawl already, some you interest astronomical and unplayable, alone there is a way to balance the budgetary deficits, to reduce expenses and to recover the productivity and therefore the balance of the budgetary scales. But this is evident that Spain framed in the UE, he cannot make it in solitary no matter how much they push it from the Merkel to the BCE. 

In the countries in that the productivity is more or less in a march slow, but in march, this is effective, but in the countries in recession, this doesn't bring more than setback and the risk of insolvency increases. This reality is the one that have analyzed the calls markets, and we can already put on of the right or of the setback, they didn't trust neither in Spain neither in Europe until they see that instead of reducing we grow. 

In the face of this reality, the correct thing, that honored is to admit the situation, and to abandon the persistence of the made error and to assume it, because we cannot make anything, neither for our problems, by no means for the rest of the problems of the euro area, it is necessary to sit down in a table the seventeen and to put the letters face up and to be said each other very to the white that today passes, and what tomorrow passed if we don't attack it on the whole. 

And it is that Greece will never be able to pay its debt, Portugal neither, Italy the same thing, and to the step that we go Spain neither, and the other ones the truth is that I don't have enough data to risk a result, but that that yes I believe it is that if we don't fix what we already know once and for all that they don't wait the rich ones current that tolerated more one year with some impoverished countries and debtors hit to its beards. 

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