Spain Is Crazy Tonight

Yes, Spain is an absolute mess, and will continue to be.

Taxes have spiked tremendously for the retailer, everything has gone up and continues to go up - especially if they agree for a bailout which is in the works.

For a country to receive a bailout they have to accept and follow the rules and regulations brussels implements for that particular country.

Along with that, they send a "team of experts" from the IMF to such country and they settle down in the tax departments (Hacienda), to make sure, each and every law is implemented strictly and accordingly to what Brussels said - essentially, Spain is Brussels bitch, as from.....now.

Along with this, you have a huge overgrown fat fuck government who does what it wants, when it wants, irrelevant of the costs at the expense of the tax payer. Mariano Rajoy "insisted" that in July 2013 the national debt should be reduced to a point more employment and better "life conditions" will improve exponentially - i mean,...how the fuck can you quantify this?

So long story short, you have the protesters rioting on streets because they have no work = no potential future, then you have a excesively corrupt government who puts blinkers on their drooling followers, and finally a huge debt which is spiraling out of control.

The bottom line is, it will probably take more than 100 years to eliminate the exponential debt. Yet the president says it will be done by July 2013 IFFFF we attain to austerity measures.

It gets funnier by the day, but conditions are going to get real tough.
 


Scalped said:
Along with that, they send a "team of experts" from the IMF to such country and they settle down in the tax departments (Hacienda), to make sure, each and every law is implemented strictly and accordingly to what Brussels said - essentially, Spain is Brussels bitch, as from.....now.
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What if this was the plan all along ?
 
lukep said:
Here's a question for the peanut gallery:

WTF good could tens of thousands of ppl do there surrounding parliment?

I know they don't have a plan, but let's imagine they were organized for a second... What COULD they do to help themsleves, assuming they aren't smart enough to know that ridding themselves of all forms of government would help...

Burning parliament down would be expensive, because they DO want someone to lead them and keep taxing them, they'll just have to rebuild it so they can't very well afford to burn it down, can they?

Holding leaders hostage with a list of demands? They don't likely want to face their entire military, i'd suspect...

Throw a Coup? Likely the same as with hostages, but if it were planned in advance with the military in cahoots, they'd probably succeed in throwing out the austerity lovers and then get a bunch of people in office that simply can't do a much better job because their debt is so large and situation so bad...

I don't see anything they can do that will help them without deciding as a group to discard socialism... Even if they make a minarchy smaller than the original US constitution called for though, it's still going to be very hard to see what they can do to better their situation much.

Anyone?
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Oh, Luke
 
It would be better for every worker to go on a strike, really smooth marching the streets and no violence. That's how the government will take a pain in the ass, not like this.
 
Ibanez | Jan said:
And I was planning to move there.
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I still would. Barcelona is very calm today, not that I was ever legitimately worried to begin with. I have to leave b/c of my visa, but I plan on being back and spending next fall here.

An Argentinean room mate described it well:
"Barcelona is the least worst place". "It's in Europe so it has the best quality of life, it has a great climate unlike a lot of Europe, very international community, it has a beach, great nightlife, low cost compared to much of Europe, young and stunning women everywhere and it's a central hub for air travel".
I agreed. Just make sure you don't need a job. Although... many businesses outside of the hospitality industry are owned by internationals who will only hire people from outside of Spain because they are such lazy workers in general. Great expat scene.

Literally my #1 complaint about the entire city is the extreme lack of the "laptop cafe culture". People go to cafe's all the time, but I've literally not seen one single person working from a coffee shop on a laptop in the 2.5 months that I've been here.
 
Spain, Greece and others have overused the EU money & credit lines in the last 15 years. Now they are complete bankrupt.

In spain, you will find incredible things.

Spain for example have one of the biggest highway net of the world. Its the 4st or 5th largest or so (can't find the wikipedia page now) of the world of so. All build from cheap EU credits.

Partly, you will find there 2 or 3 highways or fast lanes together, where the other lines are payed lines from private investors.

Private investors sounds good - but the truth is that the used business model there forced the country to pay the bills if the private investors did not had enough money to maintain the highways.

You can guess, who is now paying the bills for that.

Also, google "unused airports" in spain.

They have build next to tiny town giant airports which was never used.
There are incredible pictures of fully functionial airports next to nothing which are even not attached to a functional street system.

Spain was a bit behind i the 70s and 80s to the modern europe states, which was a result of the spainish history and the franco time.

The tried to much to close that gap and instead with hard work they closed it with cheap credits.

Now they pay for it - or better the normal spanish people pay for it.

You must be ware that in spain around 50% of the people under 30 years are unenployed - and they are without any chance to find a work.

That are numbers from 3rd world countries.

Thats the sad thing.
 
lukep said:
WTF good could tens of thousands of ppl do there surrounding parliment?

... I don't see anything they can do that will help them without deciding as a group to discard socialism... Even if they make a minarchy smaller than the original US constitution called for though, it's still going to be very hard to see what they can do to better their situation much.
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Yeah, this scares the hell out of me.

These people are protesting so they'll continue to get their free shit. They're protesting against austerity, which is the only way out.

The majority of America depends on gov't services in one way or another. When the public gets told that our credit card has been declined, we've got real problems here in the US.

Molyneux was right, RP getting elected would have been the worst thing that could happen to the libertarian movement. He'd make changes then be a complete and total scapegoat as (for example) 1/2 a million USPS workers hit the streets. This would set true freedom back a full century at least.

Minds have to be changed first, we're sitting at <1% conversions.

As a society, serious problems are on deck.
 
Wicked Ice said:
Well Spain banks are still bankrolling Real Madrid and Barcelona which spend crazy amount of salaries to players like these:

Cristiano Ronaldo

Lionel Messi - Whistle 2012 | HD - YouTube
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That's exactly what I was thinking. La Liga is filthy rich right now, players are getting millions of euros, more than athletes in the NBA or NFL... while teachers, lawyers and doctors are jobless. I'd be seriously pissed if I was Spanish... although I know that country loves its soccer, so maybe that's the only positive thing they have going on, but still...
 
So am I right in this?

1.) Banks used leverage to loan out more than they have.
2.) Banks loaned out so god damn much, shit imploded.
3.) Banks stick everyday citizens with the bill, due to heavy influence within governments.
4.) The bill consists of money that never even existed in the first place, as it was leveraged money to begin with.

Is that about right? Or do I have this wrong somewhere?
 
Kiopa_Matt said:
So am I right in this?

1.) Banks used leverage to loan out more than they have.
2.) Banks loaned out so god damn much, shit imploded.
3.) Banks stick everyday citizens with the bill, due to heavy influence within governments.
4.) The bill consists of money that never even existed in the first place, as it was leveraged money to begin with.

Is that about right? Or do I have this wrong somewhere?
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The treaty already happened? It's already 70% complete.
 
lukep said:
Here's a question for the peanut gallery:

WTF good could tens of thousands of ppl do there surrounding parliment?

I don't see anything they can do that will help them without deciding as a group to discard socialism... Even if they make a minarchy smaller than the original US constitution called for though, it's still going to be very hard to see what they can do to better their situation much.

Anyone?
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They're broke. There's nothing to do. Take your Depression right up the ass, watch multiple business go bankrupt, clear all the bad debt, and once the dust has settled, go about rebuilding your economy, hopefully without the insane deficit spending and real estate ponzi scams.

But that's not gonna happen because this crisis was manufactured. Just like these protests and the violence are partially manufactured. You think they brought them this far over the span of 40 years to start all over again?? Of course not, now we're getting to the good part.
 
Hale.Pane said:
The treaty already happened? It's already 70% complete.
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What treaty? You mean the ESM, I mentioned in the post I deleted? Yeah, deleted that because it hasn't went into effect yet, so didn't want to come off as a scare-monger.

If that happens though, definitely doesn't sound very appealing.

European Stability Mechanism - Wikipedia, the free encyclopedia

[ame=http://www.youtube.com/watch?v=EPcWHBPYOSU]THE SHOCKING TRUTH OF THE PENDING EU COLLAPSE! - YouTube[/ame]
 
hellblazer said:
They're broke. There's nothing to do. Take your Depression right up the ass, watch multiple business go bankrupt, clear all the bad debt, and once the dust has settled, go about rebuilding your economy, hopefully without the insane deficit spending and real estate ponzi scams.

But that's not gonna happen because this crisis was manufactured. Just like these protests and the violence are partially manufactured. You think they brought them this far over the span of 40 years to start all over again?? Of course not, now we're getting to the good part.
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YEAH MAN I HATE THOSE GLOBALIST COMMIES TOO. FUCKING USEFUL IDIOTS ALLOW THEM TO DESTROY THE WEST.
 
Well, dont mean to be mean here but ive been scooping up dirt cheap properties for the last 3 months now. Depending on how much you make per month on average some you could literally pay cash for them.

As for renting them its great since so many are dropping their mortgages and believe it or not reverting back to renting.

So if you have the money, do your research, and purchase decent properties in areas that are prone to be relatively easy to rent then you can setup for the future. Im not a believer in debt or credit. If i have the money i get it, be it paid in full or sat in a seperate account.

Unfortunately (and fortunately) things will get worse and property will drop even more. So at this rate i will have income assets trickling in monthly...

*** thinking of retiring in next 5 years...not ***

EDIT: The best part of this? What banks offer to the public is the street price. But if you get access to their portfolios....wow (!!!)
They are desperate to unload.
 
erect said:
austerity, which is the only way out.
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facepalm.png
 
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