Can Spanish or European economy recover from the crisis?
There are many people with a negative prospect about the future of Spanish and European economy. In fact, some TV appearances happened last month such as, Rastani. Rastani is a broker who gave an interview to BBC announcing the end of the EU like a monetary join and the difficulties to restart the previous currencies of each country. Furthermore, he expressed his desire to achieve this moment because it was an important opportunity for him could make a lot of money. I can’t deny that in the history there were many of this kind of people for example George Soros made a lot of money betting against the pound sterling years ago.
Certainly, this kind of facts becoming negative the image of the professionals who work in financial markets and this is an opinion that definitely I don’t share, but related to the future of the economy to my mind still remains to be done.
What is more, apart from the huge debt crisis that European economy is suffering, Spanish economy also have a big problem that the only solution pass for a complete change to its economic model. The problem is that politicians haven't done anything yet, the measures that they have applied sounds like a joke and isn’t enough to the economy recovery.
So, I feel really frustrated when I read newspaper and I realize that the most important to politicians right now is to get as much votes as possible, and to preserve the image of their political party meanwhile, they don’t care about the awful situations that many people are suffering in Spain with no job, no incomes and what is worst with no hope. There is no time to campaign; it’s time to make a strong structural reform to the economy and restart to focus Spanish effort in really profitable businesses and forget the housing bubble. There is no time to wait for the housing market recover is time to invest in other businesses where Spain could be very a competitive economy like renewable energies. Nevertheless is not too late, but it could be because we don’t have a second to waste.
COULD ANYBODY HELP ME TO IMPROVE, PLEASE?BECAUSE THERE ARE MANY SENTENCES IN MY ENTRY THAT MAYBE DON'T HAVE SENSE. SO, I WOULD VERY GRATEFUL IS SOMEBODY CORRECT MY MISTAKES. THANK YOU VERY MUCH!
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