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Thread: Zapatero to the rescue?

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    Zapatero to the rescue?



    Does the future of the Euro depend on Spain's management of their economy. With talk of Portugal, Spain and Ireland next in the firing line it seems that Spain is now the key player.

    The markets are unconvinced by the EU and IMF rescue plans. Article

    Zapatero this week outlined Spain own austerity measures. Article

    How much has America played in creating instability in th eurozone?

    "The value of the euro was not helped by comments made late on Thursday by Paul Volcker, a special adviser to President Obama.
    Speaking in London, he warned of the "potential disintegration" of the euro. "Clearly, I think we have to say that the euro failed and fell into a trap that was evident at the beginning," said Mr Volcker" Source
    Last edited by edao; 16-05-10 at 20:59.

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    A nice try by the german banks on speculating with the spanish debt. Time puts everyone in its right place.

    Nice photoshop aldao, but my 6-years-old sister could have made one better within a second. No offense.

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    It's obvious that the US government would want to bash the euro and spread rumours of disintegration of the euro zone. They still see it as a threat to their own currency, especially since the dollar has fallen so low because euro has become a reliable substitute to the dollar for investors around the world (individuals, corporations and governments alike) and many people just choose to sell their dollars as a political statement to show their disagreement with US foreign policy. This is partly why the USD has been stagnating at record low levels since the beginning of the Iraq War in 2003. The dollar has gone back up after Obama's election, but faltered again as reforms lagged behind.
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    Far from it. The US and its economy shakes and catches fever every time there is a bad news from Eurozone. If not the bad news from Europe, that could potentially cause double dip, investors would open pockets and US would be much better, same with Canada.
    On top of it US government wants a weak Dollar and inflation to easier pay the huge debts and lower the deficit, and start kick economy increasing export lowering production costs.
    Believe me, Obama prays every night that Eurozone survives!
    World economies are too intertwine to wish bad the other and not get hurt.

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    spain and portugal should be kicked out of the UE before they lead the whole continent to the bankruptcy. the iberians are lazy, stinky and corrupted. the faster the europeans realize that the better.

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    Quote Originally Posted by Canek View Post
    spain and portugal should be kicked out of the UE before they lead the whole continent to the bankruptcy. the iberians are lazy, stinky and corrupted. the faster the europeans realize that the better.
    Are you a rude.

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    Quote Originally Posted by Canek View Post
    spain and portugal should be kicked out of the UE before they lead the whole continent to the bankruptcy. the iberians are lazy, stinky and corrupted. the faster the europeans realize that the better.

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    Zapatero has only been political, has never developed another type of work, living in your fantasy world created alinaza of civilizations and sinking to Spain to ridiculous measures. Spain has invested in the pyramid, politicians do not work for the Spanish, the Spanish who are working for the parasitic caste.

    Spain needs a profound change at all levels, and we will succeed in leaving the government ZP.

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    with or without zapatero nothing is gonna change. spain is a fascist country, the pillars of its society are completely rottens.

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    Quote Originally Posted by Canek View Post
    with or without zapatero nothing is gonna change. spain is a fascist country, the pillars of its society are completely rottens.
    Spain is a democratic country, the output of naive Zapatero government will open a new way to Spain, Zapatero's policies are improvised on the spot and he only has used international relations to get in the shot and sold to the Spanish voters , is one of the worst presidents who had the Spanish democracy. And I think Spain will change, as have other European countries, only a matter of time and willingness to change in Spain.

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    Quote Originally Posted by Canek View Post
    spain and portugal should be kicked out of the UE before they lead the whole continent to the bankruptcy. the iberians are lazy, stinky and corrupted. the faster the europeans realize that the better.
    "Spain is a developed country with the twelfth largest economy in the world by nominal GDP, and very high living standards (20th highest Human Development Index), including the tenth-highest quality of life index rating"
    source

    Your post = FAIL!

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    Quote Originally Posted by Carlitos View Post
    Spain is a democratic country, the output of naive Zapatero government will open a new way to Spain, Zapatero's policies are improvised on the spot and he only has used international relations to get in the shot and sold to the Spanish voters , is one of the worst presidents who had the Spanish democracy. And I think Spain will change, as have other European countries, only a matter of time and willingness to change in Spain.
    Before the who global economic crash Spain had some of the highest growth in Europe, surely it can't all be economically bad in Spain?

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    ^^^

    Zapatero is committed to spend or rather waste what others have reaped. I found this list on the internet that expresses very well as is the policy of Zapatero, who will probably go down in history as the deluded Zapatero.


    1 .- To promote the alliance of civilizations (Ąż?!) those who do not want to team up with us just the opposite.
    2 .- Do not cut taxes but raise them ...
    3 .- To increase the public deficit to levels that hinder the future of our grandchildren ...
    4 .- Failure to reform the labor market. The most rigid in Europe
    5 .- Giving 8,000 mm in a Plan E has not been for nothing
    6 .- Buy unions
    7 .- Spanish continually lie about the ETA truce
    8 .- Do not reform the electoral law
    9 .- To allow his party to govern and make with separatists in Catalonia and in Galicia before
    10 .- Lying about the Iraq war and out troops against a UN resolution
    11 .- Promote from Ferraz changes in statutes of autonomy increasingly unsympathetic and almost unconstitutional
    12 .- Do not get us out of the war in Afghanistan. As legal as the other war
    13 .- To think that you can change a country's economic system by decree with his law of sustainable economy
    14 .- Do not bet on nuclear energy
    15 .- **** our relations with the United States for 5 years
    16 .- Giving our money to totalitarian regimes, Cuba, Bolivia, Venezuela ....
    17 .- reform the abortion law, arguing that if women do not go to jail ..... when it never has been any, and letting a 16 year old girl an abortion without parental consent.
    18 .- To say that the economy will improve but that "it is not safe, and we do not know when or in what amounts"
    19 .- Lying blatantly denying the crisis before the election
    20 .- credited with creating jobs and growth ..... but no responsibility for the crisis and 4,500,000 unemployed
    21. - Trying to indoctrinate our children with the Education for Citizenship

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    Quote Originally Posted by edao View Post
    Spain is a developed country with the twelfth largest economy in the world by nominal GDP, and very high living standards (20th highest Human Development Index), including the tenth-highest quality of life index rating
    thanks to all the money lent by the european union for decades. spain without the help of the ue will be a third world country. spaniards are completely useless.

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    In this video in the Lisbon summit can be seen as Zapatero and what you are interested in international relations, embarrassment is seen as Zapatero seeks only the photo with Obama, just to come out in the Spanish press and see the electorate, the only thing that interests you achieve and maintain the power to live in her fantasy world, because I still have not heard that in Spain governs.



    http://www.youtube.com/watch?v=4DQV8LZf0dY

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    Quote Originally Posted by Canek View Post
    spain and portugal should be kicked out of the UE before they lead the whole continent to the bankruptcy. the iberians are lazy, stinky and corrupted. the faster the europeans realize that the better.
    Heavens, how silly can one be? Let's see, hmmm, is there a twisted agenda at play here?

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    Quote Originally Posted by Maciamo View Post
    It's obvious that the US government would want to bash the euro and spread rumours of disintegration of the euro zone. They still see it as a threat to their own currency, especially since the dollar has fallen so low because euro has become a reliable substitute to the dollar for investors around the world (individuals, corporations and governments alike) and many people just choose to sell their dollars as a political statement to show their disagreement with US foreign policy. This is partly why the USD has been stagnating at record low levels since the beginning of the Iraq War in 2003. The dollar has gone back up after Obama's election, but faltered again as reforms lagged behind.
    I'm in agreement on this.

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    Canek

    spaniards are completely useless.
    I think it's better that way: Canek is completely useless.

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    World Business: "With Portugal becoming the third Eurozone country to need a financial bailout, its neighbour Spain is determined not to follow. Tough austerity measures have been introduced, but the country is still in terrible condition. Growth for 2011 is predicted to barely top 1% and the country could be looking at 10 years of stagnation."

    Watch video Report

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    soon spanish will be migratin to latam, we have to prepare to expulse them

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    Quote Originally Posted by Canek View Post
    soon spanish will be migratin to latam, we have to prepare to expulse them
    This hatred chance to Spain is because your previous decades caciques I ate the coconut blaming their economic mismanagement of the historical Spain, in order to be free and follow deceiving, so let's see Spain as the devil, Do not you realize that the crap I have gotten into your head corrupt politicians a few years ago?

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    well the rumors I hear are different,

    China has 600 million dollars currency and is not giving back to usa,
    think of a country that has her own money in another land,
    what that mean, ask economists,
    Usa printed 600 millions not gold mirrored currency, that means the USD is not evaluated correct,

    that makes global market to turn to E,
    but high E has another problem,
    example the more higher the E the more exportartions are costing, while importations are cheaper,
    and that is the problem of south,
    Germany almost export in EU cause of same currency,
    if currency of south mainly and others was not Euro, Germany would be forced to import,

    the truth is that there is a connection among Bunsess bank and ECT as I described in another thread, the St OMO etc,

    so USA has printed USD just to avoid market problems cause much of its currency is blocked in China, and the chain reaction hits Europe, which all import from Germany and and almost none export there,
    the case of recent, cucumbers and beans or tomatoes, is showing either non responsible, either disclaim and negative advertisement,

    so crisis is where? is it as we are informed? or there is another crisis and some manage to export it.

    Just think Libya with out petrol, but full of solar panels, and a cable to connect with Europe. what energy could use in industry,

    besides from 6 most populated countries,
    UK France Germany Italy Spain Romania, which one is energy independent,

    things are more easy when you realize this,

    USD became an inflationary monetary,
    people turn to E
    E values raises the gold prizes and oil,

    the more the E gets high the more immigration from outside the more Europes industry gets weak. and stops exportation outside Europe.

    just think how much European countries export outside Europe and how much import.

    not inside Europe but outside,

    For ALL OF YOU WHO KNOW WHAT CURRENCY MEANS,

    GREECE BEFORE 2000
    nobody owns a Jeep
    Greece of 2008
    All rich Greeks own a Jeep
    why?
    cause USA cars became cheaper with high Euro,
    Just look at the exports of USA in Europe before Euro and after,
    then you realize than strong Euro is stabilizing USA economy, and not European.

    in mountain Greece wheat and barley used to grow,
    today only wild grass, reason,
    strong Euro made imported flour cheaper than domestic.
    so people left their fields and went elsewhere.
    deserted villages that before 10 years had life,
    today ghost towns.
    just think villages that survived for >500 years to become deserted due not to market products, but due to currency.

    Greek Makedonia is the second largest in peach production, the 4rth in kiwi production,
    what happened, Greeks are eating peach from Egypt (cheaper) while some peaches which are considered quality AAA go export,
    But although the trees are there, production has decreased,
    why cause you have to gather 10 K of peach to drink 1 coffee in a touristic place, !!!!!
    just think working all day from early morning to sunset, best quality,
    and when you go to market you see imported non EU to be sold cheaper cause the other outside EU has other currency, !!!!!!!
    isn't the same thing? just thing EUropean car that is made in outside and imported, to be cheaper than the one produced in EU, !!!!!!!
    then wtf European policy?
    Example
    An orange is sold 1 E no matter is from Crete or Banana Reb
    But a Cretan must gather 800 to live in EU and be in some life level,
    while an Banana Reb citizen must gather 200 to live in his country.
    so a European works 4 times than another just to have a quality of life!!!!!
    the whole E currency analysis is complex,
    simply soon enough many countries will leave the Eurozone if Euro is that High

    just think, what a disaster in North will be if All Greeks and Neighbors that are in EU buy Chinese cars, just think of that.

    Or Import huge quantities tenth of thousands and push them to the EU market with half price,
    how many auto-industries will have problem?????

    Probably you all have heard that a 5% drop of Eu will rescue Spain
    and a 10 % will rescue Portugal and Ireland.

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    Quote Originally Posted by Carlitos View Post
    This hatred chance to Spain is because your previous decades caciques I ate the coconut blaming their economic mismanagement of the historical Spain, in order to be free and follow deceiving, so let's see Spain as the devil, Do not you realize that the crap I have gotten into your head corrupt politicians a few years ago?
    Bla bla bla... what does all that have to do with the fact that Spain is BROKE? Arrogant spaniards will be pledging for jobs in Latam very soon again.

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    Quote Originally Posted by Canek View Post
    Bla bla bla... what does all that have to do with the fact that Spain is BROKE? Arrogant spaniards will be pledging for jobs in Latam very soon again.
    That's what Hispanic American governments dream of, getting European migrants so they can become less native and more western, but that won't happen ever again. Last significant wave of Spanish migrants to the Americas happened after the Civil war, and it was mostly due to political reasons, not economic. If Spaniards have the necessity to migrate they will choose their European neighbors like they did in the 60s, not third world countries whose economic performance is so erratic. Also if I am not mistaken even for developing countries standards the situation of Hispanic America is not that good. For example Venezuela and Argentina are among the countries with highest bankrupcy risk. So don't worry, you are safe from Spanish migrants.

    http://economia.noticias24.com/notic...euda-soberana/
    Last edited by LeBrok; 10-11-11 at 08:27. Reason: Insulting to members of Eupedia

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    Until yesterday, I really didn't have much interest about the problems of the PIIGS ( ), but then I came across some impressive numbers about the rescue of Greece, and the financial problems in Italy and Spain.

    In the last financial crisis of Mexico in 1994, there was a bailout of 54,000 million, and that to a country with already more than 100 million inhabitants.

    If what I read is truth, more than 280,000 million have already evaporated trying to help the Greeks (or the banks behind the crisis?), ... and that, for that tiny little country with not a large population. We still have not see in what is it going to end.

    My sencere sympathies to the Greek people, to which we Latin Americans identify with classical greatness and the inception of the Western Civilization (that we appreciate, even as some of us choose to consider ourselves not westen).

    We see with disgust how the corporate European (mostly German) media speak vitriol and unfairness about the character of this great people, blaming them for what is clearly a poor designed system that didn't took into account many things about long term competitiveness. My sincere sympathies, and we know that sooner or later, better times will shine for them.

    When we add to that, what is happening in Italy or Spain, I cannot but hope (I am not the only one) that the whole thing is not going to end in vulgar faschism.


    That's what Hispanic American governments dream of, getting European migrants so they can become less native and more western, but that won't happen ever again. Last significant wave of Spanish migrants to the Americas happened after the Civil war, and it was mostly due to political reasons, not economic. If Spaniards have the necessity to migrate they will choose their European neighbors like they did in the 60s, not third world countries whose economic performance is so erratic. Also if I am not mistaken even for developing countries standards the situation of Hispanic America is not that good. For example Venezuela and Argentina are among the countries with highest bankrupcy risk. So don't worry, you are safe from Spanish migrants.

    I thought that Asia and Latin America were leading World Growth in 2011... but what I know. How could my infinite ignorance compare with that of his Eminence, Mr. Franco.

    https://www.un.org/en/development/de...date_pr_en.pdf

    Altough, it is true that sometimes we go up, and sometimes we go down. Such is life.

    About Venezuela I will not speak right know. Deserves its own thread.

    Argentina, despite all the lies and bad press in conservative Europa against Cristina Kirchner, attained this year impressive economic growth, and Cristina was elected again by landslide.


    P.S. : if this forum is about Europe why do they allow monkeys from banana republics whose only goal is to disrupt?
    Mr. Franco...

    The truth is that Spain is in very bad shape. I know decent Spaniards (yes, they do exist!!) from other forums, that have no problem to admit something is working very wrong: The youth is desperate, because they know that with the current policies, they have no future. Spain has lost a substancial part of its middle class in the last decades.

    Now, finally, the mask is going to fall, and we will see what unhappy reality it hides behind.

    Of course, Spaniards like yourself feel deeply offended seeing that Latin Americans (scum of earth?) do even dare to show the face around here.

    I will say that many more Spaniards should be worried and deal with some umplesant and urgent realities, instead of suffering about the unkindness of Hollywood for presenting them as some kind of sub-species of Mexicans.

    In some regard Kanek is right: We do not know if Spain is going to remain in the EU... or even if the EU will survive in its present form.

    It is not the fault of Mexicans, don't you think?

    Regards.

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