Skip to comments.What if Spain exits the euro?
Posted on 05/24/2012 8:59:53 AM PDT by J Aguilar
This week everyone is talking about the possible Greek exit from the euro and the apparently appealing idea of "why not Spain?". Let's press the reset button and start over.
The Greek state, which has more public employees than Spain with four times fewer inhabitants, wasted bailout after bailout and continues delaying reforms, saying that "they'll come, be patient". And now, some demand breaking the agreement-yes-after having accepted the money. One thing is to belong to the European club with its obligations and rights, and another is to demand to participate only for the party and not to collect the broken glasses ... But it is their sovereign decision to shoot themselves in the foot.
(Excerpt) Read more at en.elconfidencial.com ...
Everybody shoots themself in the foot, but Greece? They’ve turned their feet into a target range.
ho ho ho ho
Having spent the Spanish government 350 billion since 2007 for obtaining a 20 billion GDP growth seems a shot into our chest.
Wasn’t Spain supposed to be a shining example of what “Going green big time” would do for a country’s economy?
Electricity 15% more expensive than the rest of Europe...
...having the second largest reserves of uranium ore in the continent.
Maybe they should just make a new “Southern Euro” and lump all the failed welfare states into it. The economic disconnect will still happen, anyway, but their leaders’ feelings won’t be as hurt and the Eurocrats in Brussels will get to keep their cushy jobs a while longer. :)
If Greece leaves and has a fresh start why should ANYONE stay?
All in or all out.
All hang together or all hang together.
“Maybe they should just make a new Southern Euro and lump all the failed welfare states into it.”
So where do you propose drawing the line that separates the ‘Northern Euro’ from the failed welfare states destined to become part of the ‘Southern Euro’...the Arctic Circle?
Hmmm, all this talk about ‘downsizing’ the EU...could we maybe do that sort of thing here? Let’s start with Kalifornia...give ‘em the boot...let ‘em eat cake.
Nominations are now open for other ‘candidate’ States to ‘help out’ by being downsized out of the Republic along with Kalifornia.
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