Rajoy To de Guindos: "Spain Is Not Uganda"

Tyler Durden's picture

Yesterday, following the Spanish bailout, we finally concluded that contrary to endless politician lies, Spain is Greece. However, in keeping with the insolvent Eurozone's favorite Hegelian dialectic of definition by exclusion, it appears that Spain's leaders have been forced to aim lower. Literally. As in all the way in Africa. Because according to El Mundo's front page article, the text message that PM Rajoy sent from somewhere deep in Euro2012 to de Guindos, is essentially this: "España no es Uganda." This needs no translation. It also means that the people of Uganda should be happy. Very happy.

Obviously this move should not come as a surprise to anyone. Recall that it was two weeks ago that Nigeria decided to cut its European exposure. Last we checked, it still held on to Ugandan risk.

Sadly, not even The Onion could have come up with a story quite as David Lynchian.

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veyron's picture

España no es Greece



Colombian Gringo's picture

Niñas ugandeses coge mejor y cuestan menos, pero eso cambiará a medida que la peseta va por el desagüe

AssFire's picture

Silly Spaniards... Detroit is Uganda

Ahmeexnal's picture

espan~oles muertos de hambre!
Sancho Ponzi al rescate!

TruthInSunshine's picture

DE RIESGOS perras.
Como Joe Weisenthal, el fundido final, diría, liquidar todas las demás explotaciones y comprar acciones, porque Dow 100.000 está llegando muy pronto!

Dow 100.000
por Charles W. Kadlec
Fecha de publicación: 30 de septiembre 1999

Amazon.com: Dow 100,000


Quiero distensión monetaria hasta que sangran los oídos de los contribuyentes!


Bankia y Santander están muy bien! No tome su dinero!!!


DoChenRollingBearing's picture

Rescatanos primero, putaz alemanas!



Ver lo que dice el Sr. Panos (en ingles) sobre Grecia y Alemania

Check out what Mr. Panos has to say about Greece and Germany (in English)


Ahmeexnal's picture

massive jump in silver price at the open

CrazyCooter's picture

If this was a caption contest, my submission would be "and we will do this to Merkel!" ... but its not ... but it is the first thing that went through my mind when I clicked through and saw ...

Maybe its just subliminal because I think we are all fucked.



Hard1's picture


-España no es Grecia.


-Spain becomes Greece


España no es Uganda


Holy crap!

markmotive's picture

Yep, Uganda isn't begging for a $125b bailout.

Spain is more like the rest of Europe with a 500% total debt-to-GDP ratio that will sooner-or-later take down China, Japan and the rest of the industrialized world.


New_Meat's picture

DCRB: do you have the equivant challenges that I've had wrt "Quebequoise" francaise vs. "Parisian" francaise?  That is: is the Castillian version of the spannish argot .eq. your local version?  Is there antiphay for the furrinerz?

I'm really interested in the "real-time" of the "local" interpretation/broadcast vs. the "world-wide" broadcast of same in, perhaps, Engrish.

Keep on rollin' dude.

- Ned

Bananamerican's picture

"Spain is not Uganda"

there it is...

the Official Denial™

upWising's picture

Bank of Ugaña will be issuing the new currency "engaños" any day now.

Engaño = trap, swindle, etc.


tobus's picture

So based on the history of previous denials we can give Spain 18 months before it decends into bloody tribal genocide or the local equivalent.

It has happened before in Spain within the last 100 years.

Thorny Xi's picture

Uganda's a helluva lot better off than Detroit.  And Kampala got high speed Internet service in August 1995.  Before Spain.

Madrid2020's picture

Dude really? Kampala? Not even Haiti wants that problema.

Madrid2020's picture

At least there's "HOPE" for Uganda,not so Detriot!

spankfish's picture

café con piernas... sorry the only Spanish that comes to mind.

Colombian Gringo's picture

Yo Senor, You want to buy my sister....?

Oracle of Kypseli's picture

That reminds me that someone asked a 16 year old blonde girl if she was a virgin and she said: "Not yet" 

The Alarmist's picture

I once had a Portuguese dude offer me his virgin sister for something on the order of 5,000 Escudos, which was something on the order of $35.

Jake88's picture

Ah dumb blonde jokes. Revenge of the homely brunette geeks.

newengland's picture

No one asked the slut Kypseli brunette who made blonde jokes because her brother knew she wasn't, and her father, and her cousins...silly geisha.

Doña K's picture

The young girl must have been a chemical blonde as true blondes are actually smart. 

They are so smart that they dye their roots dark to confuse men.

spankfish's picture

Cherry replacement kit on back order?

Harbanger's picture

I can almost see her in your avatar.  Wearing black stockings and spread eagle.  Don't strain my eyes.

SoCalBusted's picture

Even an American and read and understand that.

philipat's picture

Unlike Uganda, Spain doesn;t store the bodies in freezers but just leaves them to rot? Uganda might have had the better approach.

Madrid2020's picture

They eat them in Uganda,we still have lots of Jamon Iberico here!

CURWAR2012's picture

Espana no es Uganda, esta mas peor

Cupid Stunt's picture

Where`s Goebbels when you fuckin need him !

knukles's picture

He's helping Junker put together a series of Truth Rallies.

HoofHearted's picture

So, let's try another complete that sentence exercise....

La France n'est pas _______

Oracle of Kypseli's picture

"Espana no es Uganda, esta mas peor"

Uganda is to Guate-mala as Espana is to Guate-peor

jcia's picture

Ya era hora que esta noticia saliera al mundo a trave's de la gran ma'quina de propaganda.

GMadScientist's picture

That may be so, but it has very similar youth unemployment statistics nonetheless.

hedgehog9999's picture

Except in Uganda you can pick fruit and vegetables from wild trees everywhere or hunt for game if you need some meat.

UP Forester's picture

AK's and machetes are cheaper and easier to come by in Uganda.

XRAYD's picture

He is right, it's not Uganda. But Spain and the rest of Europe could become like another country south of Uganda if they keep on pretending or printing money:  ZIMBABWE!

Lebensphilosoph's picture

Only if current immigration policies are maintained.

evolutionx's picture
Dummies guide to what went wrong in Europe

Helga is the proprietor of a bar. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar. To solve this problem she comes up with a new marketing plan that allows her customers to drink now, but pay later.



LetThemEatRand's picture

One missing part from the story -- the bankers inserted themselves into government just before Helga started borrowing, and they knew all along that a bailout paid for by middle-class taxpayers would be needed.  That was in fact the plan all along.  Meanwhile, they spent years complaining on their captive media that socialists are causing a rise in alcohol consumption, that taxes are too high on their productive business, and that they need fewer regulations.