FATE OF CASES: FEAST OF dinosaurs
By José Enrique Villarino
Economist
After the summer will feast on the financial mangrove. Prey: crocodiles. Victims: Savings Banks. For the record, I'm not a great supporter of the CA, although I recognize that as a good Spaniard, until recently I had a savings account in one of them and I still have with my brothers one with joint accounts, by that of No. branch and proximity to home. I also recognize that one of my first activities, once licensed, it was the scholarship that I got from the CECA (English Confederation of Savings Banks) for an excellent course on "Methodology of Scientific Research in Economics" that much helped me throughout my professional life and, especially, in the performance of the consultancy.
memory of that course I got a great history of savings banks, Lantigua Montes de Piedad granaries and houses. You should see what they were and where they come to stop these financial institutions, connected to the micro-credit as practiced in the Middle Ages the Franciscan order and the social programs that supported it. Nothing more and nothing less today represent half of our financial system that in plain, eye, have blown our superior policy and, in particular, of our autonomy And pre-autonomy, with the assistance and acquiescence of the Provincial Councils, CHAMBERS OF COMMERCE, LOCAL AND ECONOMIC Authoritarian Political CRUST to meet their particular interests and monumental works meaningless.
Before becoming the brothel and brothels that have traded in the petty politicians, who have agreed to it, played a very important and worthy. Being close personal needs, funding for small projects and home businesses, credit-giving collateral (pawn shops, etc.). Today organizations have become depleted and broken almost all of them unfair competitors carry a bomb effects retarded.
Guilt has been all governments in the nominal democracy, that everyone has given their lace and ... among all killed. The fault has also been the successive governors of the Bank of Spain and especially this evil and useless MAFO that has failed to bring them back to their role, or controlled to extinction. Among them we have already given much money at all. To make matters worse and, yet, is to give them pasta and pasta. According to the Economy over 20,000 inane wing as 80,000 others, and according to others, more than 100,000. All you managed with that, is to fatten the cattle, whose final destination will not only be the feast of dinosaurs inside (SANTANDER BBVA, La Caixa, etc), and outsiders such as large investment and pension funds that move in the throes merciless global financial quagmire.
past, benefited from our savings the breed, wasting money and splashing among others. Hogan, will benefit some subscribers of a pension fund, tomorrow dear old people, residents in Minnesota (USA). References
related:
The new confiscation
The biggest financial misbehavior of our history
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