"How can I know what I think until I read what I write?" – Henry James


There are a few lone voices willing to utter heresy. I am an avid follower of Ilusion Monetaria, a blog by ex-Bank of Spain economist (and monetarist) Miguel Navascues here.
Dr Navascues calls a spade a spade. He exhorts Spain to break free of EMU oppression immediately. (Ambrose Evans-Pritchard)

jueves, 17 de noviembre de 2011

Mamarrachadas

En relación con el post anterior...Irlanda, ¿No decían que era el contra-ejemplo, el ejemplo de que la cirugía del dolor era eficaz?
En eurozone-crisis-live-blog

16.58 Maybe Europe is speaking German after all. From Dublin, the FT’s Jamie Smyth,reports that the Irish government has come under strong pressure this evening to confirm or deny reports that details of next month’s Budget, including a planned 2 per cent hike in VAT, were communicated yesterday to a budget committee in the German parliament.

Taoiseach Enda Kenny met chancellor Angela Merkel in Berlin yesterday after which reports emerged that the Irish government was planning raise the top rate of VAT to 23 per cent. According to documents presented to a Bundestag budget committee, the measure would generate an additional €670m for the Irish government. The government is reportedly planning to make up the rest of the €1bn it is targeting in new revenue measures through indirect taxes. Reuters ran with the story today under the headline: “Germany inspects Irish budget.”
Esto, en un contexto más amplio de otras medidas:
Jamie Smyth, the FT’s Dublin correspondent says Enda Kenny’s government plans to:
  • cut the number of public servants by a further 15,000 to 282,500 by 2015
  • . This will save €2.5 bn per year on public sector pay from 2015 compared to 2008 when the the number of public servants peaked at 320,000.
  • merge or abolish 48 state bodies or quangos
  •  by the end of 2012. (There are an estimated 250.)
  • a further 46 agencies will be placed under review with a decision on their future due in June 2012
  • scrap the previous government’s plan to decentralise a lot of government departments and state agencies
  •  out of the Dublin area
  • reform public procurement and explore property rationalisation
  • maximum leave entitlements for existing public servants to be set at 32 days while new staff will get 30 days
A eso es a lo que vamos: a pasar exámenes que hemos de aprobar, pero no los ciudadanos, sino Merkel. Y la gente dirá que bueno, que eso "nos meterá en cintura". Pero miren Irlanda: ahora tiene que subir el IVA y otros impuestos, porque los recortes producen recortes.
Ya empieza a formarse un movimiento anti-trágala (y anti europeo, me temo):
The chants are: “Together, together, let them leave together,” aimed at the entire government. There are a lot of people wearing masks and scarves in case of tear gas. There are plenty of police in riot gear but they’re largely staying on the side streets. They look as though they’re ready to pounce if needs be, though. The German and British embassies are heavily guarded. It’s not the unions – more seriously leftwing. But the demo is a lot smaller than some of the ones we’ve seen outside parliament in recent months.
 No es de extrañar, si les han intentado meter este tipo de basura: España, la Alemania del Sur, gracias a Rajoy.
The European Council on Foreign Relations has issued a briefing paper titled – somewhat optimistically perhaps – Spain after the elections: the Germany of the South. It concludes:
Through Rajoy’s plan to turn Spain into the “Germany of the South”, Spain can help to heal the divisions between northern and southern Europe. This will in turn give Spain credibility to make sure that, as Germany and others take necessary steps towards political union, they do so in a way that is open and fair and benefits the whole of Europe.
Second, by taking the lead on European foreign policy in the Mediterranean and by associating itself with the Weimar Triangle’s defence agenda, Spain can make a contribution to European foreign policy. Such a proactive strategy would be good for both the EU and Spain.
¿Ya saben cuál ha sido el fulgurante efecto e en los mercados de esta mamarrachada, no? el bono español,  al 7% en la subasta de hoy.
A todo esto, meren el viaje que le están metiendo al bono francés:
Bonito, eh, el efecto anestesiante de saber que "España será la Alemania del Sur...

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