The Law of the Funnel: For me the mouth wide, and for you the narrow.

The Economist is a weekly published in Britain. Almost 80% of their print run is sold abroad, half of it in the USA; thanks to the prestige that things English still carry in the world, that is, its success is owed to a misunderstanding:: the world mistakenly believes that British publications are serious and non-partisan; the British people know better and steadfastly refuse to buy this right-wing rag that in its time defended the slavery of the Africans in the name of economic liberalism.

As Zapatero is the only Socialist President of an European country, and to make matters worse ZP is now rotating president of Europe for nine months, this rag publishes in every issue the most scurrilous articles they can write about the Spanish economy and the government handling of it. Apparently aiming at Spain and our President, they shoot by elevation against the Euro and the European project.

In the latest issue they overdo themselves, they publish an scurrilous article about Spain with the insulting title

The mañana syndrome

But in the same issue, when it comes to the UK, which is now in the throes of a deep economic recession, as it will be read in the USA and it could give rise to bad consequences for Britain if the American Investor got the idea that Britain is in as bad or maybe in a worsening situation than the Euro countries (and specially in the same league as Ireland, Spain, Greece, Italy and Portugal),  they say

☼  No one says that Britain is a basket case, Africa is very far away; to the impartial observer it is very clear that both countries are in a bad -although not desperate- situation but each one in its own way. Neither one shows any growth -not really- both struggle to reduce the deficit, very unsuccessfully in the case of the UK, both try to increase their exports and they succeed in such a small way that it doesn’t count at all.  But in contrast to the bitter criticism that the rag  directs against The Mañana Country they put this absurd drawing on their cover.

This is why I called it The Law of the Funnel: for Britain the mouth wide, for Spain the narrow

The normal British newspapers today say things totally different

Back to the Bad Old Days,  screams The Daily Mail in its front page

As for the Daily Telegraph, the newspaper of the English rich, their assessment of the situation in Britain could not be more different from The E conomist:

☼  Four-day strike to bring rail chaos.

☼  Cuts will go deeper than Thatcher’s -Optimistic growth forecast could cost billionss

☼  British Airways threatens to go on strike again .

Some people even claim that the UK could be expulsed from the European Union !

Will Crisis Oust Britain From the EU?
by Ron Fraser

Forty years ago, amid great industrial upheaval and economic stagnation, Britain was branded as «the sick man of Europe.» Margaret Thatcher rose to the occasion, stared down Britain’s militant labor unions, privatized languishing state-run services and rescued the nation from crisis. There simply is no 21st-century Thatcher to come to Britain’s aid amid a far greater crisis facing the nation today.

Britain risks overtaking Greece as the sickest economy in the EU. Yet it is faced with a greater problem than Greece. Greece, as a member of the eurozone, does have a lender of last resort with which to plead its case for a bailout: the European Central Bank. Britain, which refused membership of the euroclub in order to maintain its own pound sterling currency, can hardly seek favor with the Eurobank in times of crisis. It would probably have to turn to the International Monetary Fund, like the Third World nations that usually receive imf largesse. This would result in a tremendous loss of national prestige —that is, assuming embattled Britain has any remaining prestige to lose.

In other words, Britain is again The Sick Man of Europe.  One would think that with their problems The Economist rag-for-export ought to concentrate on British problems instead of bothering with Spain.

The Spanish Emigrés in The Economist.  The rag doesn’t publish the names of the authors of their articles, something that for responsibility puts them at a lower level than The Sun.  Nevertheless, it is well known among the community of Spanish economic emigrants  in London that some jobless Spanish graduates, failures in Spain because of their mental and moral limitations (extreme right wing ideology, low intelligence, rote learning) found employment in the-rag-for-export and proceed to shit on their appointed foreign turf, Spain.  They are a bunch of losers, desperadoes of Forex.

As we say in Spanish,

Animales capacitados, pa’ cagar en campo ajeno.

PS.  Article written in homage to Prof. Garicano, of the London School of Economics: Whenever there is something bad to say about Spain The Economist always goes to him for a quote.

ADDENDA:  About the word «expulsed»::

Verb: expulse

  1. To drive out; to expel

Derived forms: expulsing, expulses, expulsed

Por Armando

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