And this shows last year with the data of the fourth trimester of the that
show an interruption of the growth. The internal demand was solid, contributing
to a growth of 0,8 percentage points in the growth of the GDP, but the trade
lost 0,5 points. The exports fell 0,6% in the last trimester of the year in
front of the three previous months. It also highlights that the exports
descended 0,6% in the last trimester of the year in front of the previous
trimester. Also, the exports of products fell even more, 1,7%.
That contradicts the idea of Germany like power exporter and the concept
that the exports are those that have maintained their economy in foot. In fact,
in the last three years, it has not been the internal demand the one that has
given an impulse to the growth of Germany, the exports. The fact contrasts with
the stage previous to the crisis. This makes him to charge sense the idea that
defends an adjustment of the German economic pattern. But we should not stay in
Germany it is necessary to change the economic pattern of the whole UE and I
maintain that of the world economy.
It is certain that the global backdrop neither is very encouraging, what
coincides with the message of the data of the index IFO of the managerial
feeling. Although the German companies seemed satisfied with the current
conditions, the expectations suffered a strong fall, and the makers were those
that expressed a bigger concern. This is because it has arrived in Germany to
the heart of the UE, the effects of the world globalization, so much in their
productive slope as in the economic one. Today we begin to be all equals and
when this happens everything it is equaled in the lowest range because it is
the one that more is plentiful and therefore the one that finishes being imposed
and overcrowding the globalization.
The globalization doesn't go globalizer a rich society, but a barely enough
society, it will never equal the unemployment standards the full employment, it
never establishes an economy of survival of expansion, between other things
because the world it is not rubber of chewing and it cannot leave stretching or
inflating to pleasure of each one, if one makes at the end it explodes and you
are hit in your own face. The globalization is magnificent while it is
implanted, but once completed, the one circulates he stops it cannot follow
more globalized the stagnation it is then irreversible.
This puts of relief the current challenge in political matter: How should
the politicians respond to the global problems? After the global crisis of
2008-09, the recovery has been irregular in fact because rarely it has been
global. First it hit the crisis of the Eurozone; then they left to the light
problems in the emergent markets, with China to the head; now, the concern
rotates around that the decisions as regards internal politics in USA are
satisfactory. But they could not be effective if there is not
coordination.
Because globalization doesn't mean coordination but just the opposite, to
get the current globalization of the world, this it has been unbalanced in many
aspects, the industrial production has been unbalanced, the universal Banking,
the Petroleum, the politics has been destabilized he faces new and unknown
social problems, in definitive, there is globalized the industry with the
parameters of an economy of a world non globalized, but mainly we have created
a series of new problems that we don't have neither he devises of how to solve
them.
And this is what today is arriving to the motors of the world and stopping
them, we have an UE that doesn't start up in that its motor Germany no longer
gives more horses of power to be able to crawl in turn to the rest of the Euro
area and this to the rest of the UE and the same raisin in the USA, as it aims
the agency Bloomberg, echo of the data provided by Moody's Analytics being
made, Alaska, Dakota of the North, West Virginia and Wyoming already chain two
serial trimesters of contraction of its economic activity, what confirms a
recession in this states.
In fact, according to the last up-to-date data consulted by this newspaper
in the Desk of Economic Analysis (BEA, for their initials in English), in the
first half of 2015, three of the states up mentioned they already registered a
recession of their GDP. In the case of Dakota of the North, their economy
contracted 10,4% last year in the first trimester of the and 1,2% between April
and June. West Virginia registered a negative growth of 7,7% and 2%
respectively while Wyoming contracted 6,1% and 2,3%. however, Alaska registered
an expansion of 5,2% last year between January and March of the aid of 0,4% in
the second trimester.
"The indicators of the economic and financial activity continue
presenting a short term weakness of the production", Joseph pointed out LaVorgna,
economist of Deutsche Bank, in a report to their clients. "The rate of
growth in the industrial production and in the sales retailers it is located in
these moments at a consistent historical level with that of a recession",
it warned. Among the main American banks, it is discounted in these moments 20%
of probabilities that the economy suffers a recession in 2016 although among
the investors this percentage ascends until 50%.
But like I said and I maintain, there is not a recession as he understood
each other this circumstance up to now and there is not recession, because
every time it is manufactured more, be believed more, he wastes away more and,
however, the numbers and the specialists in economy fear a general recession
and this happens because what is happening is that he goes back. That that yes
it is in recession it is the purchasing power of the society in general and the
easiness of making business with benefits and the production ratios goes back
for worker or employee, with he goes back it the employment to look for to
balance them and this produces more unemployment and although there is more
consumption statistically. Today there is more people than they cannot consume
and less than they consummate more, with everything he goes back it well the to
be social, and the economy and the politics, mask it saying that there are
crisis and recession.
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