>Spain is dangling on the edge of a very dangerous fiscal precipice. Not only is its government budget still deep in the red, but its social security fund is about to completely run out of money. Once that happens, the real fun begins.
>As recent reports note, Spain's social security fund will run out of money sometime in 2018. The reason? "Bonus payments" to pensioners, similar to expansions in Social Security benefits for current retirees and women that Hillary Clinton seeks to put in place in the U.S. Unless the Spanish government finds the money to patch the coming social security blowout, deep cuts in benefits or steep rises in taxes will have to be made.
La seguridad social este año se va a financiar con euda, igual que los presupuestos, en teoria es algo temporal hasta que el paro baje mas. Y los trapos sucios se lavan en casa, que la gente en Sup Forums es muy prejuiciosa, mira los ingleses aqui que no paran de hacer "cherry picking" con sus batalliitas.
Carter Taylor
>La seguridad social este año se va a financiar con deuda, it is really bad
Jonathan Cox
>gimme more shekels European Bank >Increase debt >accept more rapefugges to "pay debt" >increase taxation >collapse of the system >Bail out from European Bank >repeat from step 1
t. Jacob Goldstein
Tyler Collins
>Bankrupt Social Security
WHO COULD HAVE PREDICTED A SOCIALIST PYRAMID SCHEME WOULD HAVE FAILED?
Don't worry, we're fucked too.
Evan Fisher
They are designed to run out. Ponzi scheme is a scam, not some brilliant investment plan.
Logan Scott
>SOCIALIST All retirement pensions paid by states are a pyramid scheme, including the supercapitalist USA
Aaron Rodriguez
>paid by state >state
All that implies modern state activity is SOCIALISM.
David Carter
no, taken in more migrants
Noah Torres
You keep Princess Leonor safe, right?
Zachary Cooper
>socialists tell us they fight for our rights >literally forced to pay for all state-sponsored ponzi schemes, not even having the chance to turn down the (((services))) they enforce
really enlightens my avocados
Grayson Collins
the problem is that the idea is socialist at its core but has 0 long term planning, something you would at least expect in a planified economy. It's a contradiction just like with everything else in post war economy
Gabriel Walker
...
Leo Brooks
Wasn't one of the point of the bailout is that Spain and the rest of PIIGS is demanded to cut their gibs in order to receive free billions of Euro?
So Spain, like Greece, couldn't be arsed to cut those and fake their books to look it they actually did?
Ryder Peterson
>he reason? "Bonus payments" to pensioners, similar to expansions in Social Security benefits for current retirees and women Wrong, the reason is unnemplyment above 20% go back to Spanishtan usual 10% and we will be alright.
Logan Sullivan
ours is falling apart too
Henry Carter
WALL
Ryder Rodriguez
You can't make much new jobs if all your smartest and most hardworking natives are running away as if the Satan is chasing after them to other countries, user. Based on what I heard, few have any interest of coming back.
Zachary Martin
debes ser bastante joven, en la españa post-franco, el paro solo llego al 10 % en la burbuja, en los 80's y 90's oscilo entre el 15 y el 25% varias veces
Elijah Ramirez
...
Chase Rodriguez
>anything state does is socialism
Ethan Parker
tendrian que haber quitado las extras desde 2010 y no nos veriamos asi ahora, pero tu hazlo y veras los abuelos que te votan...
Easton Robinson
y ahora el paro esta casi al 19% poorciento, no por encima del 20
Ryder Scott
speak english or nobody understands you , moron
Grayson Harris
hasta que lleges al 12-10, que eso aqui es pleno empleo, todavia falta
David Gray
>falling for the social security meme
Commies are retards and deserve to be scammed.
Eli Martin
it literally has nothing to do with the fact that the people of spain are a promiscuous people of lazy whores and dogs
Lucas Gray
...
Joseph Kelly
Speak English you retarded mongrel.
Daniel Walker
...
Kayden Green
I don't give a fuck really, nobody cares about the social security out of Spain, so relax lad, also all the countries are just like us, look at France Portugal Greece or Italy
Gavin Evans
I can sense the Catalonian quite strongly. Where are you from
Hudson Carter
te hundo el pexo payaso
Brayden Lopez
ya he dicho esto por cosas como esto
Logan Harris
This is why British PM May is trying to reform it because the UKs is a ticking time bomb too. But no, the dumb dumbs would rather keep the illusion going and get money from the magic money tree. Low IQ people have zero concept of the future and future planning.
Kevin Sanders
Why not small cuts in benefits and small hikes in taxes
Liam Powell
Thank God we didn't take the jewro
Angel Davis
Speak English illiterate cuck, if you can't speak English, don't post on Sup Forums, go to one of those autistic spachans but kill yourself first of possible
Grayson Lewis
Try asking Trump to put EBT removal into session and see what happen to all your cities.
Leo Thomas
ya te he dicho porque escribo en español y tu contraargumentas con algo que no tiene nada que ver, debes ser subnormal profundo
Henry Nguyen
There's no valid argument braindead cuckalonian, you're on Sup Forums, you speak English, otherwise you're nothing different from the Mexican spics spouting their tacospeak here.
Blake Butler
Exactly like the portuguese one,its also expected going to shit in the next few years
Jonathan Kelly
meanwhile, Spain's private debt is 215% of GDP >nothing to see here, lel...
Luke Nguyen
it is a english speaking forum, respect it, the same thing for example with Forocoches , everybody speaks spanish there.
Hudson Murphy
>cuckalonian redios ahora si que eres subnormal, un nacionalista catalan no hablaria aqui en español y menos por los motivos que te he dado
Christian Jackson
You would just speak the language that gives you the most attention. Kill yourself asap, and learn basic civil rules, such as speaking the middle ground language everyone around you can understand.
Isaiah Wood
looking forward to buying bread with gorillion peseta notes
Were i the same boat Raul,theres no point in arguing in this because were both going under in a few years
Noah Perry
You have to be too stupid to think normal/sustainable numbers for Spain are 20/25% After privatization of most national companies, the land restructuration with Semari, we stayed in numbers around 15-8% True, we are now at 18.6%
Mason Wright
What was the Spanish economy like before adopting the euro?, and are you still recovering from the 2008 crisis?
Benjamin Morris
as I said before, that can be solved if the government remove the 2 extra pay to the retirees and the functionaries and stop with the tax cuts because muuh elections, we could be under 85 now
Luke Rodriguez
>i did not say its normal/sustainable, i said what hapened, and its the same your graph shows
Cameron Nguyen
Before preparing for EU membership, Spain was 3rd world country, lagging some 10 years from Europe. After euro, inflation went out of hand, and prices skyrocketed, but we somehow catch up with Europe. The 2008 crisis here was big, really big, and yes we are still recovering.Check unemplyment graph above to see the numbers.
Parker Reyes
You can't do that because its a democracy. People want benefits without having to pay for them. They want money without tax increase. And it doesn't help that young people aren't employed and so can't pay taxes either. The simplest solution is to have dual currency and have two prices for everything. One price would be whatever the fuck Spain currency is called and is use for only products and services made in Spain. A local currency so resources can be organized locally. And the Euro for overseas products. That or have people work for free.
Elijah Richardson
>before adopting the euro We have been in crisis since the death of Franco, we recover a bit in the Blair's times with all the housing bubble but that went to sheeit, yes we will be out of the 2008 thing in 2020-24, thanks god we focus less in all the housing thing and the villages and cities aren't full retard now and we somehow have more control of the public money
Grayson Gray
>Before preparing for EU membership, Spain was 3rd world country, lagging some 10 years from Europe. wrong,what are you talking about?
source pls
Ethan Powell
Euro countries monetary policy belongs to eurobank They cant do shit
John Parker
Just import more africans and refugees That will work
Logan Watson
has been done before here with the functionaries we could remove the extra paids, stop with the tax cuts was something that we must do, also dual currency can't work now here, we souldn't enter in the EU back then just like Norway, but the greedy politicians sold the country
yes open the markets worked 4 us.... we will never have a 3'7 again, just saying
Nicholas Torres
spain is worst iberia spanish are dirty they throw trash on the floor all the time spanish ham is disgusting paella is muslim food they are lazy full of muslims full of gypsies spanish water tastes like chemicals most spain doesn't even want to be part of spain spain exists because of the castillan oppessor spain cant even take Gibraltar because they are so weak they are so bad at football their 2 best players are Portuguese and Argentinian spanish beaches are all bad, portugal has better beaches spanish men are effeminate and dress like girls FREE Catalonia, Galicia and the Basques
Logan Long
Do you know that we go there from time to time ....
Gabriel Edwards
>"A state that controls its own currency doesn't need to tax people to get financing." >this guy has a PhD in Economics >also a communist pls someone kill me
Hudson Parker
Gee, I wonder who could be behind this post...
James King
Los vídeos de Aleix Saló son pura propaganda para normis. Que alguien sepa hacer un vídeo explicando una narrativa con dibujitos de forma que sea fácil de absorber y se haga popular rápido no significa que lo que explique sea verdad.
Especialmente el vídeo en el que explica la burbuja immobiliaria. Es pura propaganda en contra de la libertad económica. Las burbujas son un fenómeno monetario y son causadas por los bancos centrales, que están controlados por los estados (en nuestro caso la UE).
Robert Martin
wrong, the fucked up economy is thanks to local government like Catalonia, Galicia and the Basques. If it wasn't for madrid actually keeping things together, they would all be as bad as portugal.
Kayden Morris
This Lusitanian knows the truth.
Kevin Price
Isn't that what the krauts were doing in Weimar's time?
Owen Richardson
That's what Hitler did The 3rd Reich made his own currency
