Lima, Peru | Saturday 04 July 2009 19:16 | | |

|
|
# Jet says :
22 July, 2008 [ 03:17 ]
"Spain is facing an economic crisis which affects above all the construction industry that employs a large number of immigrants"
The Spanish people choose to elect a leftist leader - Jose luis Zapatero, and now they are facing the consequences.
Venezuela, Ecuador and Bolivia also elected leftist leaders, and look what is happening to their countries and economies. The only thing saving all of them is the fact that petroleum and raw materials such as metals have sky rocketed in price. So even though they have nationalized many industries which has caused a down-turn in production, they are still bringing in greater profits because of the world price increases.
Under prime minister Jose Maria Aznar, Spain's economy took off, consistently beating the big European economies in terms of growth rate.
Although Zapatero hasn't done as much harm as he could have to the Spanish economy, leaving much of Aznars programmes intact, the point is neither is he being a Maverick in seeking out new opportunities for Spain around the world. In this, even Aznar gave credit to Peruvian president Alan Garcia for Garcias non-stop efforts to seek out new world trading partners and find new investors to add to the Peruvian economy and CONTINUE increasing Peru's growth.
Spain has the largest trade deficit in the West after the USA, and the biggest real-estate bubble in the West after the USA.
Spain, like the rest of Europe, has to remember that its wealth comes from a dual process: someone reforms the economy (e.g., Aznar), and then someone administers it (e.g., Zapatero). BUt if the former is missing (like in France under Chirac and Germany under Schroeder), the economy may go into a tailspin, and the advantage of having abandoned the international scene may turn into a nation's grave.
Zapatero's solution to this economic downturn is to spend more of the countries budget surplus. The idea is if the government just spends more money, that will cause the economy to look like it's really growing. The problem with this is that it is "voodoo economics". Just getting the economic indicators up without actually promoting a better business atmosphere and attracting new investment, is at the very least a gamble.
If the short lived economic boost that is provided because the government uses up it's GDP surplus by going on a spending spree doesnt "jump start" the economy then when the GPD surplus runs out, the country will truely go in to a tail spin, having spent their surplus, and not creating any REAL new business or investment in the country.
Even worse is the fact that the private debt load in Spain is so high that the current account deficit is running at nearly 10 percent of gross domestic product!
So again, if the usual leftist tactic of spending all of the nations GDP surplus doesnt do the trick, suddenly.... much of the private Spanish debt sector will find itself on the verge of solvency and we may end up seeing a complete melt down of the finacial institutions that Anzar took so long to build up.
Additionally.... government shopping sprees would do nothing to address Spain's problems with competitiveness and education.
What Spain needs to do is make it's national exports much more attractive to foreing marketeers and create a revitalization and capitalization programme of INWARD INVESTMENT in all of the main sectors of the Spanish economy OTHER than property.
True this is not the "leftist" way, but at this point the people of Spain cannot afford to allow their mistake of electing a leftist as president to de-rail all the economic progress made under the last president, Jose Maria Aznar.
Spaniards are suddenly realizing that socialist/leftist prime minister José Zapatero has spent the better part of the last four years peddling economic snake oil. Zapatero convinced a willingly gullible electorate that they could defy economic reality through the power of a failed and disproven delusional political and economic model.
The Socialist government, which likes to make-believe that all problems are imaginary, recently provoked uproar in Spain by downplaying the scale of Spain’s economic troubles.
On January 6 Zapatero said the outlook for the Spanish economy was “positive.” The problems in the construction sector will “normalize.” He said: “We have governed very well and have known how to save [money] like no other government since the transition to democracy.”
Is he smoking a leftist/socialist joint or what? THis is what I mean by DEULSIONAL political/economic disproven system.
On June 5 Zapatero said the Spanish economy had “lost the capacity” to create jobs.
The economy or his leftist/socialist version of an economy?On June 16, Labor and Immigration Minister measures to pay unemployed immigrants to leave Spain for at least three years.
Just export people since un-employment is going up?
This way you can make it look like un-employment is going down, and still not resort to "neo-liberal" economic measures like promoting more business and investment.
On June 26, Zapatero blamed the current economic crisis Spain has dug itself in to since HE took power on “the neo-conservative model based on capitalism without borders nor limits nor ethics.”
On June 26th Zapatero blamed “the neo-conservative model based on capitalism without borders nor limits nor ethics.”
So the economic model that brought much envy of other European nations and that was very successful at creating a better standard of living for most citizens of Spain is now to blame. But ofcourse, don't blame the CURRENT GOVERNMENT or its failed and disproven economic/political system. No no, it must be the last goverment..... the one that left the nation in sound economic standing?
On July 4, ex-Labor Minister Jesús Caldera addressed the Socialist Party national congress in Madrid, saying the current economic situation “has a lot to do with the "neo-conservative" thinking preached by US President George W Bush, which has resulted in capitalism without ethical limits.”
So now it's George Bush that is to blame with the Spanish economic tail spin? Yes... ANYONE but not socialist/leftist Zapatero.
Question is.... when will the fantasy stop? When will the Spanish people wake up and realise what they have done and use their votes to limit the power of Zapatero to continue "socializing" Spain and vote in more representatives that will return Spain to the economic stability of Aznar?
# Phillip says :
22 July, 2008 [ 04:57 ]
Did you ever study the Inca history and the lovely Genocide Spain commited against Peru?
As well as Spain stealing all Perus Riches?
I doubt if Peruvians truly care about Spain.
Arriba Peru!
# Jet says :
22 July, 2008 [ 06:02 ]
Phillip if you are asking me, then the answer is yes. I went to school in Peru and I know the history of the Inca as well as the history of the conquest, the viceroyalty, the war of the pacific, and the modern governments of Peru.
Since the issue at hand is the deporting of Peruvian citizens from Spain back to Peru ("voluntary return") I think many Peruvians would care.
Like it or not, Spain is an integral part of Peru's culture, history, race, and will always be linked in many ways with Spain. Just as Brittain is with the USA.
# Juan says :
22 July, 2008 [ 06:29 ]
Get a life Jet. There is an economic downturn throughout the world in case you haven't noticed. In spite of it, Spain treats its people with dignity and respect, EVEN THE FOREIGNERS, and gives them unemploment MONEY...
The day that will happen in Peru is the day that cows begin to fly.
Peru doesn't even offer its citizen a liveable minimum wage..
and would never dare to actually give unemployment money..
and would NEVER give them proper medical insurance..
Long live Socialism and the great CIVILIZED country of Spain.
There is a reason Peruvians leave Peru if they get a chance..
# Parity says :
22 July, 2008 [ 08:46 ]
Without my carnet de extranjeria, I would be deported from Peru tomorrow. So where's the rub? Oh, I get it, I pay over US$75K annually in income taxes to the Peruvian government. The Peruvians in Spain receive benefits from the Spanish government exceeding their tax contributions (if any).
# Splaktar says :
22 July, 2008 [ 09:52 ]
Good posts Jet. Thanks for the detailed information.
# Mr. Aznar is Racist says :
22 July, 2008 [ 11:26 ]
The Case of Mr. Aznar, Friend of Bush
By VICENTE NAVARRO
Can you imagine the response of the U.S. media if the president of the governing party of Poland were to say that Stalin was the former Soviet Union's greatest leader? Or if the president of the German government had never condemned the Hitler regime, or if a founder of the governing party in Germany was a person who had written a prologue to a book denying the existence of the Holocaust? Surely the media would hit the ceiling immediately and call for these person's resignations.
Well, the U.S. government and the U.S. media have been welcoming a man who has done something similar, a man they have referred to as "a great friend of the U.S." and "a representative of the New Europe" (in Rumsfeld's narrative), and a man that leading Democrats (not to be perceived as less welcoming) have referred to in equally laudatory terms. Even the Democratic-controlled California Assembly gave him a standing ovation. His man's is Mr. Jose Maria Aznar; he is the president of the Spanish government and leader of the governing party, the Popular Party (PP). More critical media would have made some inquiries about the PP and about Mr. Aznar. Let's start with the Party.
The PP was founded by Mr. Fraga Iribarne, Minister of the Interior in Franco's fascist regime (in charge of Spain's political police); he is still the president of the Party. He has always professed great admiration for General Franco and has never condemned Spain's fascist regime, responsible for one of Europe's cruelest dictatorships (more than 200,000 Spaniards were killed or died in concentration camps during Franco's regime). Actually, Fraga Iribarne has defined the Franco government as Spain's best regime in the twentieth century. His most recent contribution to "setting history straight" was to write a prologue to a book (The Historical Lie Finally Denounced in Spanish by a friend of his, Mr. T. M. Bereiro) that denies the existence of the Holocaust.
Such a gentleman has been the mentor of Jose Maria Aznar, choosing him as his successor as leader of the PP. In a poll in 1982, 54% of PP members thought the Franco regime had been good for Spain. Aznar was himself a member of the fascist party during Franco's rule, and he has never denounced or criticized that regime in which his father and grandfather played a critical and prominent role. When democracy was reinstated in Spain in 1978, Aznar opposed the new Constitution that established the new democracy. And he denounced the newly democratic municipality of Guernica (made famous worldwide by Picasso's painting of its destruction by Hitler's aviation) for changing the name of the town's main square from "General Franco Square" to "Liberty Square." Aznar wanted to keep the old name. Today, the Supreme Court of Spain, named by Aznar's government, is refusing to change the legal status of those killed by the Franco dictatorship (for opposing the dictatorship), who are still defined as criminals in Spain. Aznar has also disobeyed the instructions of the U.N. Human Rights Agency to find the bodies of those who disappeared during the Franco regime (more than 30,000 people). And just two weeks ago, Aznar's government approved the imposition on all primary and secondary school students of religion classes (basically classes on Catholicism), which will consume almost as many hours of the curriculum as mathematics.
How is it possible that none of these facts have been published in the U.S.? To what level have the U.S. media sunk? They have reported, sometimes critically, on Berlusconi, who governs in alliance with Fini, an admirer of Mussolini. But among Berlusconi's many faults we do not find a fascist past of which he is proud. Aznar is proud of his fascist past, and no one in the U.S. media has made any comment on this.
Quite remarkable!
# Juan says :
22 July, 2008 [ 11:28 ]
Apparently, Jet is a sympathizer of fascists.
Perhaps he is also a fan of dictators like Fujimori?
People like Jet want to see a new Franco in Peru...
# LOL says :
22 July, 2008 [ 11:35 ]
After the 2004 elections it was revealed that Aznar and his government secretly channeled public funds to a US legal firm to lobby for the bestowment of the Congressional Gold Medal on Aznar. The contract consisted in a first payment of $700000 USD for the first seven months, followed by $100000 monthly payments until it reached the sum of $2 million.[18]
LOL
# Aznar loves Bush says :
22 July, 2008 [ 11:38 ]
This comment was edited
Livinginperu.com readers shall not post or transmit through livinginperu.com any material which violates or infringes in any way upon the rights of others, which is threatening, abusive, defamatory, vulgar, obscene, profane or otherwise objectionable. Any conduct by a reader that in livinginperu.com's discretion restricts or inhibits any other participant from using or enjoying livinginperu.com will not be permitted
# Jet says :
22 July, 2008 [ 15:48 ]
Juan I agree with you.
If you go back and re-read what I said, no where did I say anything about Spain not treating people with dignity and respect. You are making an assumption.
As far as "long live socialism" well ofcourse if you agree with that political movement then that is your choice and that is fine. I respect the the choice you make and your beliefs.
As far as Fujimori goes, no I'm not a Fujimori supporter. I do believe that during his 1st term he did a lot of good for the country. BUt I also believe that he got carried away with power and resorted to facist measures to insure his own reign of power continue. Luckily it was the free press that brought and end this."Peru doesn't offer its citizens a livable minimum wage or unemployment money" Again I agree with you Juan. Peru doesn't and currently can't offer these things. Hopefully as the Peruvian economy continues to flourish these things will be addressed. I think for the time being the most pressing issue is developing the rest of the country (besides the coast) and promoting opportunities to the economically disadvantaged to where they can have gainful employement and earn a decent wage.
# Phillip says :
22 July, 2008 [ 17:17 ]
If Peruvians can take advantage of Spain good for them Peruvians should exploit Spain for the crap they put up with in the past.
Arriba Peru!
# Jet says :
22 July, 2008 [ 19:18 ]
Hopefully no one will be "exploiting" anyone else.
If Spain wanted to exploit the unemployed Peruvian workers there, they would simply send them back to Peru and loose all of the accumulated benefits such as unemployment. This is not the case. Spain is going the extra mile by offering to pay the the benefits early, and then pay the rest once the foreign unemployed worker arrive back in his country of origin. Since this is voluntary, I don't see the problem with it. If anything, I can see how this could be a boom for the Peruvian economy with trained workers arriving back in Peru with a nice check from the government of Spain and another check later after their arrival. The amount of capital influx in conjunction with trained and able workers becoming available could really help in areas of Peru where construction is booming such as Lima. It's just sad to see a once economically vibrant Spain now on the verge of economic chaos and a "leader" who refuses to recognize the severity of the situation and attempting to manipulate unemployment numbers with these types of methods rather than spending more time going out and finding new business, trade partners, and investment in to their economy.
# Phillip says :
24 July, 2008 [ 02:03 ]
Yes Spain should be ASHAMED.
I wish Peru had wealth & power but sadly it does not.
Maybe one day times will change.
And Spain gets bad karma for what they did to Peru.
# Bill says :
18 October, 2008 [ 21:26 ]
Phillip, you are a backward racist idiot.
# manana-nounca-ven says :
20 February, 2009 [ 06:36 ]
sounds like to me, many of you know little much of spain. and certainly not know how the work force can opperate.......many workers are exploited to great extremes, many families bundled into one accomodation, under payments and over hours, and if you hold no legal documents you will more likley get bullied and exploited to the employees full potential....therfore i darnt say there be a few peruvians wanting to return homeAdd your comment
News web syndication [RSS]
what is "web syndication" ?