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As he said this week: "It's going to be a python squeeze rather than a cobra strike".
He is also expected to squeeze, rather than freeze, working age benefits, allowing them to rise below inflation from next April, although a two-year freeze had been suggested.
So far, however, Spain has faced merely a credit squeeze rather than a full-blown crunch in which credit is no longer available, says Mr de la Dehesa.That is not how it feels to many businesses, hit by lack of liquidity and slowing consumer demand.
To put it another way, what's currently worrying global investors isn't just that the Fed seems poised to stop manufacturing all that almost-free money (see my earlier blog), it is that this could happen at a time when what's happening in China may reinforce a global squeeze rather than counteracting it.
Similar(56)
I felt squeezed rather than rubbed, from my toes up to my neck and fingers, all the bad stuff squeezed out of me.
Up on the stage sat Steve Coppell, squeezed rather uncomfortably on a sofa alongside Mark Bright, John Salako and Alan Pardew, as images of tracksuited teams emerging through a haze of red and blue balloons at the old Wembley stadium flickered across the big screen at their back.
The movements of the lips and tongue result in a more squeezing rather than sucking action [ 14, 32, 33].
The government says it prefers to squeeze merchants rather than the poor.
Ministers insist their new plans will help the "squeezed middle" rather than the rich and that they have listened to critics by announcing £200m of extra childcare support for low-income families through universal credit from April 2016.
The one across the road, however, which is squeezed with rather delightful symbolism between a lingerie shop and a funeral parlour, sells cakes and croissants, but definitely not baguettes.A few months ago one of the boulangeries shut its doors.
Screws are made, oddly enough, by squeezing metal rather than cutting it.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com