I have rarely seen a business daily in a single edition, may have given many keys to the reasons and effects of our true economic disaster, as does the Economist in its issue of Sunday March 6, 2011.
Its consequences, the award they are getting those who brought and the daunting future for small and medium enterprises, and those who have invested in Spain, is looming on the horizon.
Described in four papers that draw broadly followed the strategy and its consequences.
Are none other than those programmed by the big banks and the PSOE, which were agreed to by the PP, which have destroyed the internal economy of Spain, and ends up putting in the hands of banks all assets and cash of our country , leaving small and medium enterprises in total ruin, with government in debt and insolvent in the hands of the banks that lend them joke for more money than they have been given the Central Government.
The few employers provide these banks will make the multinationals who have gone abroad to seek the public work that does not exist here, and they need money and guarantees for success in their new venture.
Meanwhile, in Spain, we took off hunger in the kitchens, and we are begging them to stay with everything worked in our lives through our property mortgaged what we owe them thanks to laws tailored to ruin all as the new appraisals, the mortgage law, the tax collection effort of the municipalities in new developments, and the shamelessness of many putting the pot, as is being seen as corruption case.
The rest of the money that remains liquid banks are using it to acquire entities in other countries and pay the money there more interest Spanish, while us, modest Spanish businessmen, all we do, in the best , is give us another year of long overdue to put more mortgages, but not a euro more to liquidity or capital.
This is to suffocate before they reach the recovery and return higher valuations.
Then everything will be banks.
The four articles to which I referred at the beginning of my writing are:
Celebrities stuck with a bad investment in Benidorm.
The Management Board is the highest paid Santander.
Large construction companies are overseas public works that lost in Spain.
And finally, the CDU, Angela Merkel asked the economy take the Euro to countries that do not meet the stability pact.
Source: Democracia Pinatarense