Sunday, March 14, 2010

The "war" against the Spanish economy has roots and political ends

In relation to the aimed in the previous post ["The crash risk is higher in Great Britain and France than in Spain"], it is suitable to read the text that there has written the economist Juan Torres López, whose exhibition is so didactic as illuminating:" The whole world realizes that they go for Spain, as was saying a released article a few days ago in the newspaper The country. Said otherwise, that means that the markets attack to the Spanish economy, that rumors spread on his weakness, that go out cardinally and, especially, that the agencies of qualification [included those who concealed the credits garbage, it subgives priority to them] can think that the aptitude of Spain to face to his debt commitments diminishes, what would make difficult the laying of the Spanish debt, making her costlier and perhaps preventing from being able to keep on facing to his payment commitments. So far this is more or less what the newspapers count and what most of the economists say, but it is convenient to know some things more.: "Who are the markets that they attack to the Spanish economy?" Logically, the markets are not real creatures that have body and soul, feelings, voice and will. By no means. The markets are in fact the owners of the big capitals that operate in them: the big bankers and the managers of the banks, the big investors, the holders of the gigantic investment funds, of pensions, the big multinationals... "Pulsate and keep on reading:" Who and why do they attack to the Spanish economy, or to the Greek? And what to do to avoid it?"

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