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"Uganda Is Not Spain"

Tyler Durden's picture





 

Nobody can forget how over the weekend Spanish PM Rajoy told economy minister de Guindos to keep a stiff upper lip, and that, lest someone forget, Spain is not Uganda.

Two days later nobody is laughing: Spanish bond yields just pushed to Euroarea records, Fitch just downgraded the bulk of Spanish banks, and it looks like Spain may need a second bailout before the details of the first one are even ironed out. However, one entity is not amused. Uganda. Or perhaps, is very amused, depending on one's perspective.

Al Jazeera responds:

The Stream spoke with Ugandan blogger Rosebell Kagumire, who started the hashtag #UgandaisnotSpain in response to the PM's remarks:

Many felt insulted at the implication that Uganda is economically weak.

Others compared the economies of the two countries:

 


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Tue, 06/12/2012 - 11:06 | Link to Comment lolmao500
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Uganda is way better... but women are hotter in Spain... but that is subjective.

Tue, 06/12/2012 - 11:20 | Link to Comment Leopold B. Scotch
Leopold B. Scotch's picture

Silly Bazungu.  And they don't like their Matoke! 

Mmmm.  Matoke!

Tue, 06/12/2012 - 11:54 | Link to Comment tabasco71
tabasco71's picture

funny..

Tue, 06/12/2012 - 11:25 | Link to Comment Mitzibitzi
Mitzibitzi's picture

I dunno. I wouldn't kick Ugandan blogger chick out of bed, actually. Not the prettiest girl I've ever seen but she looks... dirty!

Tue, 06/12/2012 - 11:43 | Link to Comment i love cholas
i love cholas's picture

I dunno man, she is pretty steamy and that accent is sexy

Tue, 06/12/2012 - 11:51 | Link to Comment Cursive
Cursive's picture

@i love cholas

She is a much better spokesman than Rajoy or any of the other Euroclowns.

Tue, 06/12/2012 - 12:28 | Link to Comment The Big Ching-aso
The Big Ching-aso's picture

 

 

If Spain isn't Uganda then that leaves us with Zimbabwe.

 

Tue, 06/12/2012 - 12:24 | Link to Comment Whatta
Whatta's picture

Tappas are better in Spain. Uganda tappas are just...reaching...down...and...picking...up...a...roach

Those Uganda outfits are pretty cool though

Tue, 06/12/2012 - 14:55 | Link to Comment Madrid2020
Madrid2020's picture

Spain GDP=1.4 TRILLION   Uganda GDP= 16 Billion,that's right 16. End of Conversation,done,finished!

Wed, 06/13/2012 - 00:09 | Link to Comment A Nanny Moose
A Nanny Moose's picture

Yeah...but you don't have KONY2012

Tue, 06/12/2012 - 14:54 | Link to Comment Madrid2020
Madrid2020's picture

Spain GDP=1.4 TRILLION   Uganda GDP= 16 Billion,that's right 16. End of Conversation,done,finished!

Tue, 06/12/2012 - 15:08 | Link to Comment Madrid2020
Madrid2020's picture

Reasons Spain is way better:Electricity,running water,food,hospitals,bullet trains,best European airports,best highways in Europe,running water(can't

emphazize that too much) and the LADIES!!!!! Oh and in Spain our "bush" meat are the Ladies !

Wed, 06/13/2012 - 00:08 | Link to Comment A Nanny Moose
A Nanny Moose's picture

all "paid for"....by the future. Good luck with that.

Tue, 06/12/2012 - 11:08 | Link to Comment bdc63
bdc63's picture

...hmmm...maybe I should be considering Uganda as my bug-out location ...

Tue, 06/12/2012 - 11:12 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

mbukta bula bukti n[click click] gawee mnufu baba.

Translation: today, we are all Ugandans.

Tue, 06/12/2012 - 11:15 | Link to Comment SilverTree
SilverTree's picture

Today you are a dumbass.

Tue, 06/12/2012 - 11:25 | Link to Comment Leopold B. Scotch
Leopold B. Scotch's picture

No shit.  East Africans don't click!

Ngenda oku kuzikariza!

Tue, 06/12/2012 - 12:22 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

Does that mean you disagree? 

[edit] fuck that.  lighten up. 

Tue, 06/12/2012 - 12:39 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

You're the one prick in the department that orders in English at the Chinese restaurant making sure to finish with "shay shay", aren't you? Yeah we all know how ahead of the times you are.  You should change your handle to "SilverPaperClaim" for all the value you have yet to show.

Tue, 06/12/2012 - 11:14 | Link to Comment brooklynlou
brooklynlou's picture

Ok, which of you guys gave the market a boost right now?

Tue, 06/12/2012 - 11:29 | Link to Comment bdc63
bdc63's picture

seriously! ... what the heck is that all about ... is one of the Fed-heads out making 'helpful' comments?

Tue, 06/12/2012 - 13:47 | Link to Comment Leopold B. Scotch
Leopold B. Scotch's picture

I tried to give the market a reach-around, but it slapped my hand.

Tue, 06/12/2012 - 11:28 | Link to Comment Peter Pan
Peter Pan's picture

Lou, it was me. I put in an order for a parcel of ten facebook shares by mistake.

Tue, 06/12/2012 - 11:33 | Link to Comment bdc63
bdc63's picture

UBS thanks you ... just 9,999,990 shares to go ...

Tue, 06/12/2012 - 12:09 | Link to Comment Temporalist
Temporalist's picture

Lou everyone knows that gold can't look better than other asset classes when it is having a liftoff day.  It can go up in small increments sometimes but when it up 1% or more the markets have to match it to hide their flaws.

Tue, 06/12/2012 - 11:14 | Link to Comment Snakeeyes
Snakeeyes's picture

Its like people in the US saying "The US is not like Greece!"

We are actually WORSE than Greece in terrms of entitlements. They just haven't hit yet with full force.

http://confoundedinterest.wordpress.com/2012/06/12/fitch-warns-europe-spanish-yields-spike-no-qe3/

Tue, 06/12/2012 - 11:27 | Link to Comment Lucky Guesst
Lucky Guesst's picture

plus they don't have our Benny to print them up a little sumpin sumpin

Tue, 06/12/2012 - 11:14 | Link to Comment williambanzai7
williambanzai7's picture

One thing Uganda has of its very own, a money printer.

Tue, 06/12/2012 - 11:19 | Link to Comment SilverTree
Tue, 06/12/2012 - 11:40 | Link to Comment Leopold B. Scotch
Leopold B. Scotch's picture

The bush waragi is where it's at.  God bless the Dutch courage.

Tue, 06/12/2012 - 11:19 | Link to Comment ag3nt0rang3
ag3nt0rang3's picture

Have they printed the new bills yet? The ones with Kony on the font.

Tue, 06/12/2012 - 11:22 | Link to Comment Eclipse89
Eclipse89's picture

Yes, because all their natural resources will belong to China more sooner than later.

Tue, 06/12/2012 - 11:28 | Link to Comment Mitzibitzi
Mitzibitzi's picture

They know that. But I guess they figure that China might just pay for them, as opposed to sponsoring a few terrorist cells as an excuse for 'Attack Of The Drones: Part XVII'

Tue, 06/12/2012 - 11:56 | Link to Comment Andy_Jackson_Jihad
Andy_Jackson_Jihad's picture

How do you know?  Are the spears and necklaces in the article pic made of cheap plastic and lead paint?

Tue, 06/12/2012 - 11:15 | Link to Comment WiretapWilly
WiretapWilly's picture

Spain is going down and U-GANDA stop the downward momentum now suckas!

Tue, 06/12/2012 - 11:19 | Link to Comment tekhneek
tekhneek's picture

What Uganda do about it?

Tue, 06/12/2012 - 11:19 | Link to Comment tekhneek
tekhneek's picture

Dupe

Tue, 06/12/2012 - 11:21 | Link to Comment asteroids
asteroids's picture

If the Spanish PM did say this think about it hard for a minute. (1) The finance minister is really in charge and no one else?? (2) The PM sounds like a moron and has no balls. I'm surprised the people don't rise in revolt and hang both of them.

Tue, 06/12/2012 - 11:23 | Link to Comment Peter Pan
Peter Pan's picture

The political and economic disasters we are seeing are but a prelude to the human disasters and suffering that have begun to unfold. Very soon bank accounts will start to freeze, borders will tighten, European camaraderie will cool noticeably and cargo tankers will become floating vacant warehouses stuck in the middle of the oceans with no where to go. Unemployment will worsen, property prices will continue to fall and yet our political and banking masters will still be in denial about the need to write off unpayable and unserviceable debt.

But i am fairly confident that Ugandan society will weather the downturn far better than Spain and the rest of us.

Tue, 06/12/2012 - 11:35 | Link to Comment Mitzibitzi
Mitzibitzi's picture

Right before we burn the fuckers that caused all this at the stake, to balance the scale somewhat for most of the population of the first world that they just killed. In the end it'll come down to us or them.

Tue, 06/12/2012 - 11:47 | Link to Comment Things that go bump
Things that go bump's picture

Sometimes Karma is just a bitch that way.  

 

Yours truly,

 

Madam DeFarge

Tue, 06/12/2012 - 11:59 | Link to Comment Manthong
Tue, 06/12/2012 - 11:22 | Link to Comment Conman
Conman's picture

they should just export the Fed Evans around the globe to spread QE rumors. Easy stimulus.

Tue, 06/12/2012 - 11:24 | Link to Comment Lucky Guesst
Lucky Guesst's picture

Hey gaetano kagwa, we have oil to swim in too... it's called the Gulf of Mexico.

Tue, 06/12/2012 - 11:28 | Link to Comment azzhatter
azzhatter's picture

Rajoy is a typical arrogant western oligarch fuckstick. He probably can't find Uganda on a map

Tue, 06/12/2012 - 11:31 | Link to Comment theTribster
theTribster's picture

Rajoy should be the first to have his head separated from the rest of his body, then work through the rest of Europe and ultimately into Brussels and the unelected EU technocrats. The entire Eurozone now adheres to the Juncker idea that when things are bad, you have to lie. Rajoy certainly has lied continuously for months (at least). I wonder if the Spanish hate him as much as I hate Obama and Mittens? I wonder if the Spanish will demand he and his cronies get treated for what they are: criminals? I wonder, if that happens will it influence the rest of the world to do the same? Let's hope so.

 

Tue, 06/12/2012 - 11:31 | Link to Comment Alejandrito
Alejandrito's picture

USA is not Uganda, for now.

Tue, 06/12/2012 - 11:40 | Link to Comment Joe A
Joe A's picture

Uganda says: "stop playing Makida Makida. We will not bail you out, Spain".

Tue, 06/12/2012 - 11:46 | Link to Comment Unbezahlbar
Unbezahlbar's picture

With over 300,000 MENA refugees flooding into Europe, Spain may just become a de facto Uganda-like nation.

Tue, 06/12/2012 - 11:48 | Link to Comment Temporalist
Temporalist's picture

The blogger's name is Kagumire...giggity!

Tue, 06/12/2012 - 11:48 | Link to Comment Cursive
Cursive's picture

Rajoy is just asking for a beatdown from Kamala the Ugandan Warrior.  :)

Tue, 06/12/2012 - 11:50 | Link to Comment Spigot
Spigot's picture

Other than the occational genocide, Uganda is indeed not Spain.

Tue, 06/12/2012 - 12:06 | Link to Comment Sutton
Sutton's picture

Spain meant to say" we're not Detroit(or any other balck controlled entity)"

Tue, 06/12/2012 - 12:09 | Link to Comment CustomersMan
CustomersMan's picture

The "Insult" Must be Withdrawn or...

Rajoy vs Uganda Chic : Machete's

 

I like the hair, and teeth.

Tue, 06/12/2012 - 12:23 | Link to Comment Jethro
Jethro's picture

I can't remember the last time a political dissident was fed to a crocodile in Spain.  Maybe Franco would have done this if he had access to crocodiles?  Who knows?

 

Anyways, those Ugandan dudes look happy as Hell dancing around with sticks and feathers in their hair.  Maybe if Uganda exported that stuff to Spain, everything would fix itself?

Tue, 06/12/2012 - 12:35 | Link to Comment SokPOTUS
SokPOTUS's picture

Yep; Spain is not Uganda.  Uganda has *much* healthier debt numbers....in fact, it ranks near the bottom of the 200 or so nations (a *good* thing) when it comes to its rankings on these 'bad' data points...:

From the CIA Factbook:

Taxes and other revenues: 15% of GDP (2011 est.)

country comparison to the world: 187   Budget surplus (+) or deficit (-): -6.1% of GDP (2011 est.)

country comparison to the world: 172   Public debt: 25% of GDP (2011 est.)

country comparison to the world: 106
21.8% of GDP (2010 est.)

Tue, 06/12/2012 - 15:00 | Link to Comment Madrid2020
Madrid2020's picture

HERE'S A HEALTH NUMBER FOR YOU:LIFE EXPECTANCY SPAIN 82.3 yrs. UGANDA 47.0! YOU CHOOSE DUMBASS.

Tue, 06/12/2012 - 13:14 | Link to Comment oldgasII
oldgasII's picture

Uganda has learned from its past. Europe I wonder about.

Tue, 06/12/2012 - 15:59 | Link to Comment TheCanadianAustrian
TheCanadianAustrian's picture

Uganda make this stuff up.

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