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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Madrid in flames. Indignant Spaniards come out in defense of themselves
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Poster Handle
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Anonymous Coward |
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Post Content
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It's time for you Julios to realize that you're not worth what you cost. It's high time the Krauts teach you about economics 101.
Quoting: Anonymous Coward 19550911 Spain is the 5th biggest economy in Europe if Spain goes the Euro goes. If the Euro goes then Germany will have to go back to the Deutsche Mark which will be higher than the British pound therefore bye bye export economy. The only reason Germany has been doing so well the last decade is due to the fact that the Euro is very cheap compared to the level the Deutsche Mark would have been, fueling the sale of German products abroad. Try to sell it however you want. The bottom line is, Spain is NOT good for the debt they already have. The well is running dry. It's time for the Julios to cut back to the point their lives are sustainable. They're 30 years behind working two and a half days a week to catch up. There is NO WAY the euro is going to work with so many freeloading countries (PIIGS). Spain has the longest working week in the European Union. Has a deficit on proportion of its GDP smaller than the UK France and Germany but when it goes to the markets to raise capital they have to pay over 6% interest while these countries are paying nearly 0%. Why is that I ask? Don't you realize that the markets have no loyalties towards a nation, they are making a shed load on Spain now like they did with Greece, Portugal and Ireland before. Spain has no problem to raise all the capital it wants at every auction just have to pay through the nose for it. If it really was broke and could not afford to pay the markets would not be buying any of its debt period. Funnily the Spanish banks own by corporations not by spaniards or the spanish state have a hole of 65 billion euros. Today the government announces cuts worth 65 billion euros so europe gives the banks money and the spanish government takes it from ordinary spaniards. This is not a war between different countries is becoming a war between the markets helped by corrupt politicians and the people. The ptb now how to play the ignorant masses and is very easy to divide and conquer. Oh the Germans are just making money, oh the Spanish are lazy bums, oh the greeks lived like kings all this years, oh the Irish thought they were the celtic tiger b ut they are only pussycats. They are just manipulating hearts and minds while they make a massive profit. In the end of the day the elites of all this countries are quite happy they keep doing what they have been doing always privatize the benefits and nationalizing the losses while people like you blame other poor bastard in another country. Please wake up. Pwnage
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