Banks
made irreparable error: Lured by easy money, mortgages granted to
low-income families, and a variable rate
and with very poor conditions in contract . Banks without any kind of
Restrictions may have followed very dangerous giving credit for poor
families
Spain
has already had two bank bailouts one for 40 million euros but this
proves that the bank could not pay the ransom later die and that
would be a start back to Spain Spanish banks are the main causes of
debt Spain the vast majority of the money they receive is not
transferred to the productive economy, but the financial, the same
that caused the global economic crisis. That is, the bailout will not
serve to revive the real economy
Who
is leading economic european community?
It is very simple. Look at the richest countries of europe (like Germany or United Kingdom), they control quitely all things of the other poorest countries like Spain. Why do these countries do that? It is another simple question to answer: they lead the poorest countries because we are a european community and the biggest countries can control the others to make them richer and richer at the expense of Spain, Portugal, Greece...
It is very simple. Look at the richest countries of europe (like Germany or United Kingdom), they control quitely all things of the other poorest countries like Spain. Why do these countries do that? It is another simple question to answer: they lead the poorest countries because we are a european community and the biggest countries can control the others to make them richer and richer at the expense of Spain, Portugal, Greece...
Democracy
is suffering a global crisis, that hasn’t got an ending. This
crisis is as incurable that it worries people. It doesn’t surprise,
if we take into account, with Spanish examples, political corruption
(PP Gürtel case, CiU Palau case, PSC Pretodiadel case) and social
corruption (Puerto operation and Greyhound operation).
Of course, this crisis isn’t unique from Spain, affecting the entire West, for example Wikileaks case.
Of course, this crisis isn’t unique from Spain, affecting the entire West, for example Wikileaks case.
In
Spain (mostly) politicians have made a very bad management. And they
want to fix it based on cuts. As cut in health and education. Instead
of in these sectors could make a more egalitarian distribution of the
economy, and not focus on these two areas that are so important. A
reduction in expenses could start by the luxuries of the political,
like officials cars, stays in the best hotels or meals in the best
restaurants. In addition consumerism is good for them, so they sell
us a reality that’s is not true, but it exercise a big influence
about us for we continue shopping and spending money on things that
are not necessary.
My
opinion is that the european
community mustn’t be controlled by the richest countries;
if we do that, Spain will be able to stop all things and
start to recompose himself to a new and more democratic country.
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