For those of you that think that we are living a “big crisis”… no, you still do not know what is a big crisis… Just to give you an idea: in 2006 I received a Power Point presentation advicing about the housing crash in Spain. I believed it but everybody thought that it was just “alarmism”. However, every single statment of such Power Point happened, later than expected (it was envisaged for early 2007 and it was delayed one year more).
Now I bring you this one. As a difference with the previous one, here they are not telling you what is going to happen, but they give to you enough information to imagine it.
And in order to avoid further useless discussions, this, what you are going to see in the video, IS NOT LIBERALISM.
No, sorry, under the classic liberalism ideas, the governments would have never created a bubble because under those ideas the money without real physical endorsement would not exists.
Under the classic liberalism ideas the government would have never used the public money (that would be really reduced because the money would be in the pockets of the citizens) to boost any sector (housing, cars, financial, etc.) and to waste it as it is shown in the video.
And under finally the governments would have never taken the countries to a debt level going over the overall richness of such countries, because that is literally unthinkable under the classic liberalism ideas.
So do not blame liberalism (under its classical meaning), blame the State-capitalism, that is what brought all of us to the current situation. And read: only the real classic liberals/libertarians are able to take the current World out of the current crisis without collapsing into the Apocalypse. You know, maybe the Mayas were not so wrong when they predicted the end of the World in 2012. Maybe the end of the World is not due to natural catastrophes, but to human ones.
Para los locales, os recomiendo encarecidamente que veais el vídeo (está subtitulado). Todo, todo, todo lo que se ve en él ha pasado en España (y Europa): tipos de interes al suelo por los bancos centrales, burbuja inmobiliaria inflada con dinero fácil no respaldado por nada, ayudas a vivienda (nuestro Freddie y Fannie son las VPP y VPO), ayudas a la industria automovilística, rescates de bancos, rescates de países, deuda pública por valor cercano o superando a la riqueza total del país… todo ha pasado aquí y además aquí la situación es mucho peor ya que tenemos todas las burbujas explotando al mismo tiempo (hipotecaria, financiera, tipos de interes, deuda y rescates financieros) con una administración mastodóntica insostenible y un Estado del Bienestar infinanciable.
Y como he dicho arriba en inglés, esto que hay en el video NO ES LIBERALISMO, por mucho que insistais. Es capitalismo de Estado. Han sido los políticos y los Estados los que han creado toda esta situación. Ante las teorías liberales clasicas esto jamás se habría podido producir. Y con las teorías liberales clásicas es la única forma de salir. Pero sé que no vais a querer. Así que… ¿seguís dudando que el fin del mundo sea en 2012?
Buenas noches.