The shaky world's eighth largest economy is beginning to crack because of lack of investment required to support the supply of government debt needed to carry out the country, lack of confidence in the existing government by foreign investors and the Spanish government's inability to carry out a coherent economic policy has led investors to lose confidence in Spain, another factor is still the negative campaign of international institutions like the IMF or the European Commissioner for Economic and Monetary Affairs Joaquin Almunia said that in which Spain report a "lack of competitiveness", which is that dissenting voices in the policy are in and out of this, Vice President of the CEOE COPE chain said that "market confidence is gained by doing things" in a clear and forthright line has ruled the governor of the Bank of Spain which has always held the view that we must reform the labor market, drive down wages and this in favor of the retirement age rises to 67 years

Meanwhile from the Spanish government stated that "speculators are making mischief" and of course showed sharp and Development Minister Joseph White in the country where speculators accused of not wanting to get out of the crisis thesis Economic Elena Salgado Vice defended in London, although there has been a shift in social policy reform pose a labor market or launching a trial balloon about the possibility of raising the retirement age to 67 years and the contribution period of 15 to 25 years for calculating pensions, trade unions instead of mobilizations talk but not a general strike, and the jobless are beginning to see that the tunnel is longer and darker than it appears at the end.

Meanwhile the political opposition executors of more than 10 million voters expect the government to sink into poverty and failing to provide solutions to current problems, making alarmist ads and feeding the boiler of discord and division, reminding the government and citizens they left a legacy of the Socialist government economic unbeatable, although obviously some of this heritage come out of the sale of public enterprises or cohesion funds of the EU-15, in which the Spanish economy was not the richest, also obvious that core part of our economic meltdown is the result of economic growth policies that allow them the same way that the current administration and continuous that the housing bubble exploded largely because the bank stopped lending money and which carambolo illiquidity leave untouched all sectors and one of our pillars of our wonderful growth model.

 
And is that the current economic crisis is like a many-headed dragon, which is before a gentleman who lacks the necessary weapons to destroy him, our government is unlikely to solve the economic problems plaguing the country while maintaining this hesitant attitude and plead not find clear solutions to current problems on the other hand the government is also facing political opposition that far from seeking consensus solutions with the government facing a problem that goes far beyond political ideology of each, which does pave the way for the Moncloa where surely came in 2012 to practice the kind of policy that is expected of a right-wing government backed by the lack of success of government when acting against the economic crisis.

What would be good to make clear to all is that those who now say the economy is uncertain Spanish are the same as they were unable to predict the deepest economic crisis since the crash of 29, these institutions now say that Spain is not a stable economy are those who saw no risk in other securities actions in countries led to speculation the bank rescue, these agencies to alert us of the Spanish economic weakness does not say that here no large bank has been rescued by the government, nor has been high-profile bankruptcies and the rest of the world, so it would be good to ask if the health of our banking is good, our stock market indices have risen from 8000 points to 13000 in crisis, with a government too hesitant to time for action not backed by the opposition, why this lack of confidence?.


Antonio Garcia Leal ®