Re: Re: Sareb’s plan B.


Any recovery that may occur in the Spanish economy will be phoney based on the European Central bank giving virtual unlimited support to buying Spanish Government debt but when the stimulus and continual injections of money created out of thin air finally dries up when inflation begins to rise then Spain will no longer have anybody to bail it out and it will have to live within its means and the only way it can do that is by dropping out of the Euro and adopting a much weaker currency, the Peseta, that reflects the appalling state of the Spanish economy.