The economic world to the complete one, the bags, the banks, the
economists, the values and financial products and the generators of real wealth
as the managerial world, they are disoriented completely because they don't
know for where they go the world economy, I believe that this situation is
erroneous and until they don't understand it the problem it was not solved, I
believe that the situation that you began to take place in the 2008 with the
surprise of the crisis of the subprime and the crash of Lehman Brothers one
comes making worse because I understand that the economy like technique and
business, continue without adapting to the later reality that I believe that it
will be the future one.
Not alone it is this fundamental fact the one that guides me to think that
it must have a change of concepts and of activity when applying the economy
like concept orientation and of great importance to apply the politics of life
and government of the current world society the other factor that I repeat an
and another time is the globalization of the world globalization that has
already reached all the aspects characteristic of the human life, of the
industry and of the economy.
If you read the specialized newspapers or the pages of economy of the press
in general they will see that alone there are complaints on the part of the
economists the banks the markets they don't work they don't react the
employment it doesn't ascend, the world production neither etc. And this
stresses it as if the blame was that the world doesn't make them I marry that
is to say the one that is mistaken it is the world, not the economy and the
economists, I believe frankly that this is of a blindness and an arrogance that
if it doesn't change us it can take to big economic and sociological
difficulties.
It is necessary that the world of the economy understands that they are not
them who manage the world (that is it that in fact want), but rather they
should be managed according to the movements of change that you happen in the
entire world. That is to say, it is the world the one that sends about the
economy and not the economy the one that can tell to the world like he should
behave. It is something as simple as to think that the economy orders to the
phenomenon of the “niño”, for example that already stops, because it is causing
many losses in the areas of the I pacify of America central, or that the
economy can force to that the wells of petroleum dried off during a time
because now there is too much offer and the sale prices unbalance the economic
plans of numerous countries producing of petroleum.
This is the reality the world circumstances they constantly sometimes
change for natural effects and others for political effects or of interests of
a part or another of this same world and these realities are those that the
economy should absorb and to look for the way that they produce the smallest
damages and the best benefits to the same time what cannot think it is that I
eat up he doesn't go well these causes it means that the error is of the world
that doesn't follow the appropriate norms.
After the knock of the Deutsche Bank of some days ago, when he collapsed
before the doubts that he could not pay their debt, on Friday it was “Société General”
(SG) him the one that hit very difficultly to the financial sector and, in
passing, to all the bags. The French bank noticed that it could not maintain
intact its objectives of profitability for this year because of the
uncertainties on the regulation and the perspectives of the economy. The
warning didn't sit down anything well to the market and SG it lost 12,6% in
bag.
The whole banking, already very crazy from year beginnings, he collapsed
literally in the parquets. "The market is numbers in the means and I
release term, but in the short one he moves for the fear. Simply because he/she
doesn't know and it cannot dominate the reality of the concrete situation, the
"effect flock" it derives in a stampede in which everything is in
sale and the positive data are gobbled by the vortex of restlessness and real
ignorance of the situation and partly it is logical because not alone it is
that the "flock" doesn't know that it happens but rather the causing
of the alteration that it causes the panic don't explain to it they don't
announce it and let us say they don't fulfill the professional ethics that its
responsibility in front of millions of people has.
Last Thursday, for example, was known that the unemployment subsidies fell
in 16.000 last week in United States, what shows the strength of its work
market, with a rate of unemployment of the active population's 4,9%. But the market
ignored it. the Dow Jones lost more than 2% and the investors left in stampede
of the bag to buy "treasuries" - funds of the Treasure -, in spite of
his low profitability. In so far in year, the demand of these funds to ten
years has multiplied, what has elevated its price and it has caused that the
yield passed from 2,3% to 1,6%.
With the markets so jumbled and the scarce current visibility, the
investors go to the habitual refuges: the surest funds, as those of United
States or Germany - yesterday, these fell to 0,188% -, the gold and the yen,
among others. In this group it is not the dollar that continues with their
rally in front of the euro of the last days, in those that it has passed from
1,08 to 1,13 dollars this eats they already know those that follow me it is an
atrocity that they determine an and another time to maintain the speculators of
foreign currencies and that the investors believe it to him and they buy Eurus
in some few months it will be a debacle because it is impossible that an euro
is worth 13% more than a dollar for the simple reason that the American economy
works and the European no.
This dysfunction simply happens because, against what allowed to see the
Federal Reservation in December, today the market gives more possibilities to a
cutting of types than to new ascents this year that there are not more ascents
can be but that the FED returns to after this I don't believe it to me. It is a
statistical presage that shows the underlying reality that is the logical one,
almost nobody he believes Janet since Yellen it goes up the types this
year.
In definitive: the euro, the dollar, the Yuan, the China. the USA, the CE.
the petroleum. the Islamic wars, the invasion of Europe for the refugees,
Russia that is sold and it clamors for another cool War, these they are the
realities among others that it produces the world and what one cannot say is
that as some they don't go well to according to what economies they are an
error, the error is not to adapt the economies to the world and its
circumstances and not the other way around.
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