Comments on: Austerity and the new Spanish poverty http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/ Tue, 31 Mar 2015 00:16:22 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Ade1982 http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-157 Fri, 08 Mar 2013 23:39:33 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-157 Euro is a Big Business for Germany. They are hungry for bail out. It is simple, Germany ask for a cheap credit, then they buy spanish debt in euros at sky-high returning interest rates. At the end it happens… To have a piece of cake, market pays Germany (Instead of asking an interest rate) to lend them money. Theyve got all countries in eurozone paying their loans. Usurers

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By: paintcan http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-142 Tue, 25 Sep 2012 15:23:46 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-142 I really enjoy seeing eyewitnes accounts. Anya’s memories aren’t saccharin. They are vivid.

Every economy and type of government seems to have it’s aristocracies but what scares me is when they become the only show in town.

The economy is too miserably tight if kids have to sell themselves as sex toys and public conveniences. It’s a perverse twist on the idea of the porcelain dolls.

It also puts the lie to the notion that hard times are good for the public morals and instill good values. That may work if you aren’t the one having to be the facility.

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By: ALLSOLUTIONS http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-140 Tue, 25 Sep 2012 15:19:07 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-140 The people of Spain are getting what they deserve. They did stupid things and now are paying the price. Maybe Spain should not have joined the EU. Maybe Spain should have spent less on social programs/entitlements. Maybe Spain should have paid more attention to business and not killed the golden goose. Maybe Spain should not allow in immigrants. The list goes on and on.

The facts no one wants to read.

Learn to think for yourself.

Banned from huffpost.

Censorship is evil.

PS Want Spain’s problems fixed,

see http://trueproblems.wordpress.com/

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By: EthicsIntl http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-138 Tue, 25 Sep 2012 08:49:25 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-138 No need to complicate matters. Simply put the EU Elite have raided the unsuspecting & rather ignorant EU workers, especially in the under-industrialized southern countries, where governments are even more corrupt and willing.
Everything else is just a pretense and a cover for the the real cause, which is; the whole world is moving back to Aristocracy.

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By: wirk http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-137 Tue, 25 Sep 2012 06:37:48 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-137 Oh, please do not blame Germans for the mess. Also, mentioning that before the crisis Spain had budget surplus and low debt to GDP ratio is counterproductive.
Spain was living for years way beyond its means using credits from banks, especially construction went mad. This generated huge sums for the government and the budget surplus. One can speculate if the euro is to be blamed /note that UK and US are in the same category/ but there is absolutely no other possibility then returning to life within means. One example: agriculture and turist sector. Millions of cheap foreigners came to work in these sector since no Spaniard would work mean jobs. That has to change. There are also huge problems in the way economy and state works, rigidities of the labor market and regions spedning of money. That has also to change.

Life within means could be brought by either leaving euro and facing huge devaluation – with standard of living declining anyway but with all structural problems intact. Or, like now, staying in euro with austerity and structural changes forced by it. This is more painful in the beginnign but infinitely more productive in the long trem.

Please note that Germany itself has undertaken painful reform and now is collecting fruits ot it.

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By: joelrain http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-136 Tue, 25 Sep 2012 01:32:44 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-136 Unfortunately, the only solution for many of my Spanish friends (21-25 especially) is prostitution, especially with wealthier Germans, Russians, Americans or Arabs. At first I felt bad doing it, but you do get used to it and I think that my strong mind can survive it without too many scars. I make enough to eat and live with friends and I hope to only do it until I’m 30 and then I’m hopeful things can change.

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By: donq22 http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-134 Mon, 24 Sep 2012 22:02:32 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-134 This downward spiral dates back to the late 1990’s, but in reality there should never have been a middle class in Spain. People from “pueblo” made the migration to the cities, and became educated in the 1970’s, and 80’s. They were people “pueblo” who in many ways should’ve stayed in pueblo.

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By: matthewslyman http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-132 Mon, 24 Sep 2012 21:03:07 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-132 Thank you for reporting on the human side of this. Your description shows why austerity begets a shrinking economy.
For Spain, the only way out of this problem without leaving the Euro is for non-financial (or, for a nominal fee only) community initiatives to start up; like the community schools in Germany where everyone from the same village gets together to share their skills and teach each other something new (even if that initially means for old ladies to teach young women how to busy themselves darning socks, or old men teaching young men teaching boys how to grow vegetables or keep chickens on an allotment etc.)

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By: MoBioph http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-131 Mon, 24 Sep 2012 17:13:01 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-131 scythe – I see you’re as obtuse as ever. It’s people like you who keep humanity down, no matter how tantalisingly close we come to rebounding.

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By: JavierAB http://blogs.reuters.com/anya-schiffrin/2012/09/24/austerity-and-the-new-spanish-poverty/#comment-130 Mon, 24 Sep 2012 17:10:33 +0000 http://blogs.reuters.com/anya-schiffrin/?p=202#comment-130 Your raw numbers on unemployment seem to be ok, although these are averages, and there are wide differences in those across the whole country. Of course the crisis here is deep and hurting for many people, specially in the large cities like Madrid and Barcelona.

However, that you could not find a slice of ham and/or a glass of sherry in two Spanish bars in a row could hardly occur, anywhere in Spain..

Are you sure you were really here?? I seriously doubt it.. Alternatively, you must have visited places that are no longer bars (you know, it is not appropriate to ask for a slice of ham in a vacated place or a computer store, even in Spain)..

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