So. Economy news. 2 big ones.
1-Sanchez is launching the 4th ICO expansion and like every other expansion it's gonna be specifically told to go mostly to small biz and self employed. Unlike with prior govs.
https://www.elconfidencial.com/econ...a-gobierno-aprobara-martes-linea-ico_2597483/ the debt is worrying but it was already worrying to the umptieth degree at this point so getting more so we have bizes to actually finance recovery certainly is what we should be doing. We'll see how it goes in the end. Podemos finally goes full retard and proposes enhancing taxes to higher classes. Honestly here in spain they pay fuck all so it wouldn't be a bad idea per say, certainly better than the PP's solution of taxing small biz in 2012. That was fucking retarded. But I still don't agree with how they act as if taxing the rich won't cause a big biz drain... then again spanish big biz is already draining like crazy, it always does when you need it, and we are clearly pushing for small biz and renationalized chains, so, who knows. Either way for now I'm happy Sanchez put a stop to that at least for now. The crisis is gonna be bad enough as it is and our economy's on suicide watch again. I'd rather not hand it the noose.
2-EU help as always, well, as we say over here, "ni esta ni se le espera."
Una presidenta de la Comisión Europea aislada busca un acuerdo entre Alemania y Francia antes de presentar su propuesta del Fondo, despertando muchas críticas en Bruselas
www.elconfidencial.com
Thay means "he's not here, nor expected", fun fact about spanish politics. "Ni esta ni se le espera." Is a meme that started with Tejero's Coup d'etat. It's what the poor bastard that answered his phonecall told him when he tried to find Armada (his boss) in Zarzuela (the crown's palace.) Since then it is sometimes used as a polite way to telling people someone or something simply will never happen. (Which is basically what the EU always does to anyone outside of france, germany and their bastard children inbetween. Tell us to fuck off.)
Yeah they're now pushing it to the 27th "so that france and germany can come to an agreement before presenting it to the rest", we all know what that means. We never really expected europe to keep its word. It never does. But getting routinely reminded of it helps set in who is our biggest threat. And Spain never forgets. Spain never forgets.
For now. Poverty rates are starting to get really worrying. And sadly job destruction hasn't been reversed, although it has been greatly paliated. The trend is reversing considerably, it's just not fully there yet. Good news is tellecommuting is aiding greatly previously impoverished areas of spain, including Cadiz. In fact Cadiz was already somewhat famous for its resilience to economic crisis even compared with the rest of spain (it's not like we can fall even more...) but this has genuinely helped us in many ways. And the flexibilization brought forth by the new startups, added emphasis on self dependence, and digitalization and simplification of many areas of work have certainly brough forth the tools with which this should be easier to solve. In theory as we reopen if the executive does things well we should finally start growing soon enough. For now we'll see the impact of the newly reopened airports. That should bring some cash. But we know we can't depend on tourism. Not this year that's for sure.
As the PP fractures it seems the Pacto de la Moncloa will have to wait until they get assfucked in the end. They sure can't be trusted to sign anything anymore as they've gone full "0 cooperation ever" to try and win the far right as all the moderates flee. Hilariously that means even the Falange is now more moderate than them. Fucking christ what a clownworld. But I don't really care. The Moncloa Pact would've greatly helped. But the ICO's plan of "just throw money at small biz without caring what for so long as they pay back in time" is basically how spain has historically solved most things. From equipment for armies to industrialization projects, it seems what always works about here is simply ensuring the quality standards are upheld and not caring about anything else. Who cares if your icecream is chocolate or vanilla so long as it is good. Right? So as things have now slowly stopped getting worse and seem set to get better. And with the NGOs still being able to soften the blow, it does look like things are gonna get better. Besides right now a big part of the damage is how much our exports got assfucked and the hole in tourism. And the planes are filling and the exports are starting to roll again as more countries slowly reopen. So that should fix a lot.
Either way there really will be a new normal. One which will benefit Cadiz and hurt Madrid. I like that idea. Further decentralization would probably help. And with corruption being cleansed again, it seems we have a chance and revitalizing our executibe. So. Our new normam seems promissing. We'll see. For now that debt is certainly worrying. But I think we can take it. Spain's already got practice in rebuilding. Not even life can fuck us harder than we fuck ourselves after all.
archive.vn
archive.vn
www.brookings.edu
That's the thing: while Sweden might be doing "not bad" in comparison to some other countries, there are a lot of things we could be doing better and mistakes which should have been easily avoided have been committed along the way. Then of course like in other countries we have our share of experts saying exceptional shit.
