José Blanco / La Jornada
The world's largest economic zone is the European Union. But for now, though it is a "now" so extensive that no end in sight, increasingly showing fractures, Japan still does not find a solid path for the long term, and flamazo of the U.S. economic recovery is clear that it was just that: a flamazo. As the pace of investment growth China production will be exhausted in about three years. The combined set of these misfortunes paints a future outlook for the short and medium term unfortunately ominous for the world economy as a whole.
Greece, Portugal and Spain were forced to leave the euro would be a setback for the EU, but they remain in the euro represents an unbearable cost in national terms. Greece and Portugal have been "saved" by the EU and the IMF, ie, have put millions amounts of financial resources to face the onslaught of speculators to your debts "sovereign", but there are indications that have capabilities to take walk again and also their economies face astronomical debts for who knows how many decades.
Spain has reached 25 percent unemployment, that is, one of four English job seekers do not find it. That is the proportion of unemployment was in the depths of the crisis of 1929 the U.S. economy. It is likely that the migratory flow from the miserable third world is moving to Spain probably tends to decrease dramatically. Portugal "account" with a stream of immigrants mainly from Brazil, the same thing will happen. Denmark
have noticed these facts, and very rich but small economy, which has successfully faced the crisis, can not afford to receive the brunt of migration such as that received by Spain, which probably would increase in future contractionary close by trends in the global economy already on the horizon warn. No wonder, then, that Denmark has decided to exit the Schengen Agreement signed in 1985 - which governs the multinational space of the same name.
The agreement was one of the most important steps in the history of the construction of the EU and aimed to end to border controls within the Schengen area of \u200b\u200bstandardizing such controls.
If societies in Portugal, Greece and Spain, ending rebelling against the draconian adjustments for crisis, worsened by a likely return to the depths of a sharp recession, and if, as would be explained, other countries, especially in northern Europe, leaving the Schengen area, the EU will be further swayed dangerously.
Meanwhile, the Mexican government is busy in the presidential succession and in defense of a society increasingly outraged by the bloody organized anti-crime policy, it notes the clouds of the future. At least it shows the optimism carstensiano (not Cartesian). According to the Bank of Mexico said in its inflation report for the first quarter of 2011, things are going well: "... concerning with domestic demand, private consumption timely indicators show that it is registering a positive trend. In fact, for the period covered by this report estimates that the aggregate reached levels similar to those seen before the global crisis. For its part, the investment has shown clearer signs of recovery in recent months [but] is located at levels below those seen prior to the crisis ...".
course Carstens is not responsible for the sale of new cars in Mexico, a leading global indicators, both consumer confidence and the level of consumption itself, because it is non-essential items, "says in April 2011, despite an increase in sales over April 2010, yet 20 percent are located below the levels reached in 2008 (www.cooleremail.net/users/tendencias/library575.pdf).
The Bank of Mexico report follows: "... the development of domestic expenditures reflects the fact that several of its determinants continue to show a recovery. In particular, the real wage in the formal sector of the economy has shown a significant increase , primarily reflecting higher levels of employment in that sector ...". Business Trends
rightly says: "It is very unfortunate that the Bank of Mexico, with its character of independence of the Executive Branch use indicators that do not reflect reality. The concept of 'real wage' is one of them. You get the salary average for the IMSS, inflation is removed and multiplied by the number of members of the IMSS. [Would be] a good indicator if more than 80 percent of the EAP [had] a formal job, as in developed countries. But in Mexico 50% of employees do not have a steady job and, instead, the unemployment rate is 5 percent, or 45 percent of Mexicans who work derives its income from the informal sector. " How can they make for good results referred only half of the workers?
And now why: facing a future that is advertised More ominously, "will continue on the moon?
The world's largest economic zone is the European Union. But for now, though it is a "now" so extensive that no end in sight, increasingly showing fractures, Japan still does not find a solid path for the long term, and flamazo of the U.S. economic recovery is clear that it was just that: a flamazo. As the pace of investment growth China production will be exhausted in about three years. The combined set of these misfortunes paints a future outlook for the short and medium term unfortunately ominous for the world economy as a whole.
Greece, Portugal and Spain were forced to leave the euro would be a setback for the EU, but they remain in the euro represents an unbearable cost in national terms. Greece and Portugal have been "saved" by the EU and the IMF, ie, have put millions amounts of financial resources to face the onslaught of speculators to your debts "sovereign", but there are indications that have capabilities to take walk again and also their economies face astronomical debts for who knows how many decades.
Spain has reached 25 percent unemployment, that is, one of four English job seekers do not find it. That is the proportion of unemployment was in the depths of the crisis of 1929 the U.S. economy. It is likely that the migratory flow from the miserable third world is moving to Spain probably tends to decrease dramatically. Portugal "account" with a stream of immigrants mainly from Brazil, the same thing will happen. Denmark
have noticed these facts, and very rich but small economy, which has successfully faced the crisis, can not afford to receive the brunt of migration such as that received by Spain, which probably would increase in future contractionary close by trends in the global economy already on the horizon warn. No wonder, then, that Denmark has decided to exit the Schengen Agreement signed in 1985 - which governs the multinational space of the same name.
The agreement was one of the most important steps in the history of the construction of the EU and aimed to end to border controls within the Schengen area of \u200b\u200bstandardizing such controls.
If societies in Portugal, Greece and Spain, ending rebelling against the draconian adjustments for crisis, worsened by a likely return to the depths of a sharp recession, and if, as would be explained, other countries, especially in northern Europe, leaving the Schengen area, the EU will be further swayed dangerously.
Meanwhile, the Mexican government is busy in the presidential succession and in defense of a society increasingly outraged by the bloody organized anti-crime policy, it notes the clouds of the future. At least it shows the optimism carstensiano (not Cartesian). According to the Bank of Mexico said in its inflation report for the first quarter of 2011, things are going well: "... concerning with domestic demand, private consumption timely indicators show that it is registering a positive trend. In fact, for the period covered by this report estimates that the aggregate reached levels similar to those seen before the global crisis. For its part, the investment has shown clearer signs of recovery in recent months [but] is located at levels below those seen prior to the crisis ...".
course Carstens is not responsible for the sale of new cars in Mexico, a leading global indicators, both consumer confidence and the level of consumption itself, because it is non-essential items, "says in April 2011, despite an increase in sales over April 2010, yet 20 percent are located below the levels reached in 2008 (www.cooleremail.net/users/tendencias/library575.pdf).
The Bank of Mexico report follows: "... the development of domestic expenditures reflects the fact that several of its determinants continue to show a recovery. In particular, the real wage in the formal sector of the economy has shown a significant increase , primarily reflecting higher levels of employment in that sector ...". Business Trends
rightly says: "It is very unfortunate that the Bank of Mexico, with its character of independence of the Executive Branch use indicators that do not reflect reality. The concept of 'real wage' is one of them. You get the salary average for the IMSS, inflation is removed and multiplied by the number of members of the IMSS. [Would be] a good indicator if more than 80 percent of the EAP [had] a formal job, as in developed countries. But in Mexico 50% of employees do not have a steady job and, instead, the unemployment rate is 5 percent, or 45 percent of Mexicans who work derives its income from the informal sector. " How can they make for good results referred only half of the workers?
And now why: facing a future that is advertised More ominously, "will continue on the moon?
0 comments:
Post a Comment