Why you should not invest in Spain

WARNING - THIS ARTICLE SHOWS A PICTURE AT THE END THAT MAY OFFEND YOUR SENSIBILITIES.

Either if you are planning to invest in Spanish bonds or you are thinking about the possibility of setting your company in Spain, please, stop and think for a while! Are you sure? Should you invest in Spain?

This study sets out a simple question: do educated leaders matter? By analizing data on more than 1000 political leaders from 1975 to 2004, the study tries to find out the relationship between the level of education of politicians in a country, and its economic growth rate. The conclusions reached are:

1) When a leader having a university (degree or postdegree) education is substituted by a leader without such education, the country's growth rate decreases.

2) When a leader with no university education is substituted by a leader with such education, the country's growth rate increases.

3) When a leader with no university education is substituted by a leader without no such education neither, the rate keeps unaltered.

4) When a leader with university education is substituted by a leader with such education too, the rate keeps unaltered.

5) Democratic leaders tend to have a higher education than the dictatorial ones.

In Spain there is plenty of politicians that are suspicious of having poor education, but I'd like to extend this study to their way of thinking: I mean opinions, likes and behaviours. It turns out that, in Catalonia, bullfighting was forbidden by the Catalan Parliament some months ago. Some people think it was forbidden because it is an insane, old-fashioned tradition. Others think it was forbidden because it is a Spanish tradition. Whatever, to me the most important thing is that bullfighting was forbidden. Now it turns out the Spanish government is attempting to declare bullfighting as "Protected National Fiesta", which would force the Catalan Parliament to abolish the prohibition and restore "corridas".

The problem though is not whether Spain is governed by PP (the right wing party) or PSOE (left wing). The problem is that both, the biggest parties in Spain, agree in protecting bullfighting!!! Yes, ladies and gentlemen. Most of the members of the Spanish Parliament THINK bullfighting is glorious! So:
1) What can you expect from these politicians?
2) Do you think your company will be safe in a country with laws made by such ill minds?
3) Do you want your product to be manufactured in a country with such traditions?
4) Moreover, are you sure you want to buy Spanish bonds taking into account that Spain cannot even pay the debt it owes to Catalonia?

And you may wonder: well, is bullfighting such a terrible tradition? Judge for yourself. The picture below was taken yesterday April 29th in Seville. During a "corrida" the bull can be stabbed by people riding horses. Since the bull desperately tries to defend itself, it attacks everything in its path, even those horses. The horse in the picture died after spreading its guts on the floor. What a beautiful tradition...Isn't it? Fuck!