The US built the narco-regime, and the drug trade itself will help bring it down
We examine the thesis that Spain's political system is heading for implosion under pressure from the markets and international geopolitical tensions.
English · Original discussion in Spanish · Published
The collapse of the system: Is Spain a traficante-regime its allies can do without?
The thesis that Spain's current political system, described by some analysts as a traficante-regime, is heading towards an implosion engineered by its own international architects is gaining strength as the institutions wear down. The premise is clear: Spain has ceased to be a stable asset and has become a strategic risk which, after interfering in highly sensitive international operations, runs the risk of being dismantled by those who once propped it up.
The geopolitics of risk and debt
The analysis holds that the complacency of international bodies towards the Spanish model has an expiry date. The disruption of strategic interests in the Middle East and the mobilisation of political currents opposed to the traditional axes of power have turned Spain into a weak link. The theory points out that the system is incapable of regenerating itself, since it produces a political class that is systemically unable to correct course, which would force an external intervention. The control mechanism would not be military but financial: suffocation through restrictions on the purchase of sovereign debt, which would instantly wipe out the pensions and public spending scheme.
A Bolivarian battering ram or an ECB petitioner?
There is an analytical split over the nature of the current power. While one current holds that the Government acts as a battering ram for international movements hostile to the West, a more pragmatic view reminds us that dependence on Next Generation funds and the ECB's supervision limit any autarkic drift. According to this latter perspective, the supposed geopolitical rebellion is merely tactical noise, since the regime's survival depends exclusively on the liquidity provided by Brussels. The question that remains unanswered is whether the cost of keeping this system, with its security and corruption implications, has already exceeded the benefit of having a docile partner in southern Europe.
Related debates in the forum
The thesis that Spain's current political system, described by some analysts as a traficante-regime, is heading towards an implosion engineered by its own international architects is gaining strength as the institutions wear down. The premise is clear: Spain has ceased to be a stable asset and has become a strategic risk which, after interfering in highly sensitive international operations, runs the risk of being dismantled by those who once propped it up.
The geopolitics of risk and debt
The analysis holds that the complacency of international bodies towards the Spanish model has an expiry date. The disruption of strategic interests in the Middle East and the mobilisation of political currents opposed to the traditional axes of power have turned Spain into a weak link. The theory points out that the system is incapable of regenerating itself, since it produces a political class that is systemically unable to correct course, which would force an external intervention. The control mechanism would not be military but financial: suffocation through restrictions on the purchase of sovereign debt, which would instantly wipe out the pensions and public spending scheme.
A Bolivarian battering ram or an ECB petitioner?
There is an analytical split over the nature of the current power. While one current holds that the Government acts as a battering ram for international movements hostile to the West, a more pragmatic view reminds us that dependence on Next Generation funds and the ECB's supervision limit any autarkic drift. According to this latter perspective, the supposed geopolitical rebellion is merely tactical noise, since the regime's survival depends exclusively on the liquidity provided by Brussels. The question that remains unanswered is whether the cost of keeping this system, with its security and corruption implications, has already exceeded the benefit of having a docile partner in southern Europe.
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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (19 replies).
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