Last week we saw a fact related to the global economy that can affect our closest reality. This has to do with the adjustments being made in Europe and with the control of the deficit, especially in the Spanish State. This policy has caused millions of unemployed, thousands of company closures, evictions, precariousness, general poverty and suicide. These policies, promoted by the International Monetary Fund (IMF), have been led in Europe by the German Chancellor, Angela Merkel, but have also been followed by the Government of Spain and the regional governments. According to the accounts, for every euro that is not spent in Europe, EUR 1.5 that would be used to generate activity has been removed.
These policies have not had the capacity to generate growth and their consequences have been cruel. Well, now those in charge of the IMF say that they were wrong in the forecast and that we have to return to the policy of growth and investment. And they've stayed quiet! It is clear that the new analysis would oblige them to take responsibility for the limited ability to make forecasts and to leave their posts, for which they are charging millionaire salaries. Have you been so blind? Did you not know that a policy based on adjustments and the absence of a public deficit has no solution for anyone, or for creditors? The latter know, better than anyone, that if it doesn't grow, you can't charge. What credibility can a body such as the IMF give if it does an analysis, recognises that it is wrong and does not immediately expel the key players? Who runs the IMF? Don't be surprised that you read: The former director was Rodrigo rato, former Minister of Economy of the Aznar Government. He then stayed at Bankia, took him to bankruptcy and although he is now charged, he has been “awarded” as an advisor to Telefónica, for this charge he will charge more than 200,000 euros! With a director like that...
As a professor of the UPV/EHU, I have often received an invitation to give the conferences. Often for musutruk or low pay. As a professor, they assumed that he had a living and stable wage. Nobody asked me about the working situation. I have not opened my mouth.
There is a... [+]