Daniel Hannan: "How much more must Spain suffer for the sake of the Brussels elites?"

[compromise]

http://blogs.telegraph.co.uk/news/da...ussels-elites/

Nowhere is the failure of the euro clearer than in Spain. A country which was running a budget surplus going into the crash has been reduced to penury and squalor by the determination of its own political class, and Europe's, to maintain the monetary union at any cost. Who has gained? Bankers and Eurocrats. Who has lost? Everyone else.

I'll be talking about the crisis in Madrid on 1 June. Spanish readers of this blog are warmly invited to come along. Email ignacio.morales.suero@aecr.eu
Los políticos españoles han decepcionado. El modelo que han promovido ha sido uno de más gobierno, de inegrar por integrar, y de más dependencia política y económica. Es evidente a muchos que este modelo está en decadencia. Sin embargo, hay esperanza en la iniciativa del ciudadano de a pie.
España merece más. España debería vivir al amparo de sus propias leyes y sus propios representantes. España debería poder gestionar su economía en base a sus propios intereses. España debería liberar de una vez por todas su más valioso recurso: su gente.

[Warlord]

I'm amazed Spain has not come out the 'straightjacket' of the euro. They will never prosper or advance untul they do.

The euro is a complete vanity project which is hurting the people of Spain and making them poorer. Kind of like the Soviet Union and we saw what happened there.

Spain also has all kind of weird employment laws which doesn't help. It's impossible to fire anyone.

[Warlord]

By the way the Spanish and the french have a lot to lose if the UK withdraw.

The UK would get its fishing waters back and would be out that dumb agriculture policy. Both hurts Spain and French interests to the tune of billions.

I doubt they would let the UK leave and just give them a free trade agreement knowing their protectionist mentalities.

Cameron is desperate to get a EU-US 'free' trade agreement in the next year with Obama (hence all the butt kissing when he was in DC)v so the 'stay in' campaign can say in 5 years time 'if we withdraw we will lose free trade with the US'. They hope that the benefits to British businesses and interests will be seen by the agreement within that period and that the establishment will feel it is threatened if they withdraw and so will propagandize to stay in.

There's going to be a lot of dicussion about the UK and the EU's future and what they're going to do with the "problem" no doubt since Bilderberg is being held near London. Alex Jones will have the best coverage of that event as usual.

[Debbie Downer]

Man, it must suck to be in Spain right now.

[Tywysog Cymru]

I hope the EU falls apart in the near future, for the best interests of the people of Europe.

[Warlord]

I hope the EU falls apart in the near future, for the best interests of the people of Europe.

The people need to rise up and throw out these politicians.

[Tywysog Cymru]

The people need to rise up and throw out these politicians.

I used to live in Britain. From what I understand, the European political parties that want to leave the EU don't usually get majorities. But in France I heard that Hollande has a 29% approval rating, maybe there will be a backlash against the left in the next elections. I think that if one country leaves the EU, it will start a domino effect. France might be the first domino.

[Demigod]

By the way the Spanish and the french have a lot to lose if the UK withdraw.

The UK would get its fishing waters back and would be out that dumb agriculture policy. Both hurts Spain and French interests to the tune of billions.

I doubt they would let the UK leave and just give them a free trade agreement knowing their protectionist mentalities.

Cameron is desperate to get a EU-US 'free' trade agreement in the next year with Obama (hence all the butt kissing when he was in DC)v so the 'stay in' campaign can say in 5 years time 'if we withdraw we will lose free trade with the US'. They hope that the benefits to British businesses and interests will be seen by the agreement within that period and that the establishment will feel it is threatened if they withdraw and so will propagandize to stay in.

There's going to be a lot of dicussion about the UK and the EU's future and what they're going to do with the "problem" no doubt since Bilderberg is being held near London. Alex Jones will have the best coverage of that event as usual.

If the UK leaves the EU,the EU will build a wall around the UK and finance every NGO to create chaos trough protests about human rights.Not to mention all the separatist groups ( from Scotland to Northern Irealnd ). Britain does not have a 1% of the influence it used to have.

The EU leaders will either cave in and the EU will fall apart into a few regional alliances,or they will be stubborn and in the end there will be war.Tensions are building up and after some time even the most trivial thing could let all hell brake loose.

[schiffheadbaby]

even without the euro i doubt spain would prosper. What type of exports do they have these days?

[Debbie Downer]

even without the euro i doubt spain would prosper. What type of exports do they have these days?

Automobiles and automotive parts, pharmaceuticals, olive oil, wine, petroleum and petroleum products, stainless steel, textiles, trains, renewable energy products just to name a few.

[Tywysog Cymru]

even without the euro i doubt spain would prosper. What type of exports do they have these days?

If they get rid of the Euro and allow for free market economic reforms they would.

[Warlord]

Spain needs to:

Leave the euro
Float the new peso with an 8% interest rate
Reform employment law making it easier to hire/fire
Institute a 20% flat tax for everyone above half the average salary
Fire and downsize most of the bureaucracies.
Leave the EU, cut regulations and create a conducive environment for businesses rather than scammers and property developers.
Unleash the free market

I dont know why they dont do this. They must like having 50% unemployment among young people and a society that is getting poorer and going backwards. At some point they're going to have to accept the Austrian solution and start listening to those economists.

This also applies to Greece, Portugal etc... all going backwards, getting poorer and on a down spiral.

[Debbie Downer]

Spain needs to:

Leave the euro
Float the new peso with an 8% interest rate
Reform employment law making it easier to hire/fire
Institute a 20% flat tax for everyone above half the average salary
Fire and downsize most of the bureaucracies.
Leave the EU, cut regulations and create a conducive environment for businesses rather than scammers and property developers.
Unleash the free market

Peseta!

[schiffheadbaby]

Reinstituting the peseta will not be a panacea, how bad would their inflation be?

[amy31416]

Automobiles and automotive parts, pharmaceuticals, olive oil, wine, petroleum and petroleum products, stainless steel, textiles, trains, renewable energy products just to name a few.

Their ceramics and masonry are second to none.

[Debbie Downer]

Their ceramics and masonry are second to none.

I'll have to check that out if I'm ever over there.

[Demigod]

Spain needs to:

Leave the euro
Float the new peso with an 8% interest rate
Reform employment law making it easier to hire/fire
Institute a 20% flat tax for everyone above half the average salary
Fire and downsize most of the bureaucracies.
Leave the EU, cut regulations and create a conducive environment for businesses rather than scammers and property developers.
Unleash the free market

I dont know why they dont do this. They must like having 50% unemployment among young people and a society that is getting poorer and going backwards. At some point they're going to have to accept the Austrian solution and start listening to those economists.

This also applies to Greece, Portugal etc... all going backwards, getting poorer and on a down spiral.

I don't know why most think that everyone does not know this.Almost everyone knows that every government in the EU should take at least a 50% cut on employees.The problem is it is easier said than done.First you have the social problem where hundreds of thousands of people would lose their jobs,that is how revolutions are started because it is not just a few hundred thousand people but much more when you take into account their families.Then you get to the second problem where they are very organized and such a law can not be passed.You try to pass that kind of a law,and the first political party that promises them that they will reverse it will be put into office while your corpses hang on the lamp posts.

Then there are the socialists who always play the most basic of human emotions like greed,jealousy,fear and hatred.No matter how free of a society and no matter what culture they will always have around 5-10% of the population,and they always have free time .