The wasted years

The markets may not go down well at the recent measures taken by the spanish executive, probably because they realize that they will not be much use, at least in the short term. It will not improve employment, will not improve the consumer, will not improve growth, will not improve the deficit (which makes sense since it is based on everything else). Budgets are fears that become applicable after the summer, so it has installed a sense of "another lost year".
It wasn't 2011, not 2012, it is doubtful that the 2013 and probably the start date of light recovery is 2014 or 2015. Overall, a waste decade for everyone. Those who have no work now, nor will in the coming years, so when the economy recovers it will be unrecoverable.
Whether you are young, because then it will be another cohort willing to take his place in the pyramid, and for the seniors, if they are now in an age when companies do not look at them, within 3 years and will flesh retirement 10 years although they are active. In economic terms this is called obsolescence, although the equipment to operate, companies prefer a new one, although it makes the same function have to look again, to be "cool", we like the Ipad, we started to the labour market and, at the same time, we are history .

The graph of the Ibex-35 does not inspire any hope, only the long-term support (7700) resist, if not, the fall can be historical. Anyway we are not alarmists, the trend is most likely the laterality until they clear up doubts.
We'll always have the option, if the Ibex 35 drops too low, that we can sell the whole countrie to China, and then he would be the way to be part of the EU, without meeting the convergence criteria and solve the problem of autonomic deficits: the Tibet's way.

Solving the deficit

The chairman of the Committee for Economic and Financial Policy of the CEOE, Jose Luis Feito, has found the remedy the deficit, since the item of unemployment benefits is most important. Admittedly, the measure could lead, without any doubt, to compete for the Nobel laureate himself.

It is that any unemployed person refuses a job offer will be withdrawn automatically entitled to collect unemployment benefits. Although, according to his own words, the job is located in Lapland (far away from Spain, of course).

The hypothesis is that the unemployed are lazy they would rather be at home to work, prefer loafing and receiving a grant to work with the country's progress, they prefer to stay with a handout to earn his salary through effort.

Personally I think the vast majority of unemployed in this country, first it is not by choice, and second, the rejection of a job can be given at a time when no jobs and the unemployed know that if you can wait a little longer to find a placement in better condition than it offered. I do not think we're in this situation and all unemployed person know that, or take what comes, whatever it is, or there will be a second chance.

The verbiage and lack of sensitivity seems to have been installed in certain sectors of the CEOE, not realizing that there are now many people who have a hard and are not directly responsible for that to happen.

To say that we have to accept a job even in Lapland shows that the worker is not known in our country, a few days ago we saw a story on the failure of many Spanish who have gone to find work in Norway and live on charity. I do not think will be a problem is a problem that no work.

Anyway, as has its charms, solves the problem permanently, to Gerona unemployed are offered a job in Huelva, to La Coruna in Murcia, the Canary Islands from Madrid, engineers work mason and bricklayers pilot work and so on, certain that the deficit is reduced but not unemployment.

First Strike

During the Cold War was called "First strike" the first blow in a hypothetical nuclear confrontation because of its devastating power left virtually unresponsive to the enemy.

Among the strategies of Mutual Assured Destruction (MAD) is probably the most emphasizes the escalation in the number of nuclear weapons as only having a considerable number of vectors are able to maintain some capacity to respond to a "Second Strike".

Yesterday we had a "First Strike" economy in Spain. The battery of measures taken by the newly appointed Council of Ministers of Rajoy leaves little doubt of his character. Designed to demolish the morale of the Spanish middle class (which contributes about two thirds of effort), warning that only the "beginning of the beginning" (that is hard to use biblical phrases like this to warn the pseudo Apocalypse come), clears little doubt that had that election campaigns are purely propaganda.

In media can't advertise a product that has a different use than advertised or contains elements different from those contained in the explanation. We fined for misleading advertising. Instead, political parties play, without exception, to promise heaven and deliver instead, at least, purgatory.

Nobody doubted that further measures were needed to control the deficit, but we expected more. Those who have announced so far are more of the same, for it was not necessary to change the government.

Direct reading of that can only prolong the recession and have zero impact on unemployment in the short term, undermine the private consumption and reduce investment.

Have endeavored to give a horse a purgative to cure indigestion. They are using nuclear weapons and may not have learned that Von Neumann already predicted that conflicts with nuclear weapons summarized in equation 1 + 1 = 0.


Happy New Year 2012 (despite everything).