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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