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Showing posts from 2013

On one hand ... Monetary Policy vs Finance vs Economy

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The Real Economy, receives only a marginal piece of the pie, around 10% of it,  only and mainly due to Bank Shareholders and Employments related with the Stock Market and their operations, with their extremely leveraged profits and wages. It will happened somewhere along the line, where and when they will end up buying or investing a fraction of their gains, eventually, in something remotely connected with the Real Economy.

Sabedoria popular ... não há que enganar!

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Ditados Populares e a História recente de Portugal 25 de abril de 1974 A união faz a força Água mole em pedra dura, tanto bate até que fura A verdade fala pela boca dos pequenos 25 de Abril de 1976 - Quem se mete em atalhos, mete-se em trabalhos. FMI em portugal em 1977 02 de Dezembro de 1979 - Quem entra na chuva é para se molhar. 05 de Outubro de 1980 - Cesteiro que faz um cesto faz um cento. 2.ª Eleição de Francisco Sá Carneiro 25 de Abril de 1983 - Vão-se os aneis e ficam-se os dedos. 2.ª vez FMI em portugal 12 de Junho de 1985 - O dinheiro fala todas as línguas. assinatura do tratado de adesão á cee 06 de Outubro de 1985 - Quem procura acha. 09 de Julho de 1987 - Quem sai aos seus não degenera. Cada um é como cada qual, e cada qual é como é. 06 de Oubtubro de 1991 - O trabalho dá saúde. Guardar hoje para ter amanhã. 01 de Outubro de 1995 - Em Agosto toda a fruta tem gosto. O sol nasce para todos. 10 de Outubro de 1999 - Por fo...

The Written Word. Knowing it ...

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Impressive ... Knowing it, is one thing, but seeing it in the "Written word", is much more powerful! 1st Trade; 2nd Country; 3rd Money 4th Budget; 5th Markets; 6th Debt 7th Savings; 8th Deficit The Graph Link Now, have you ever wonder How and Where does the world sets his priorities set!? The ones who rule our current destinies (governments) in the old days, they picked their insights mostly from books. So, we will understand them better if we concentrate and focus on what were their "written priorities", where they acquired their knowledge and Philosophy. Knowing about their mindset, will enable us to retrieve enough information in order to read their priorities. We will perceive their work much faster, and we will be able to prevent or to avoid many of the wrong doings that are currently under way. We also need to keep a closer look, towards the understanding of the false information and incorrect content that currently is surfin...

The Man-i-fest, is an informed man! (About Myths)

Usually, myths are created by the ones who want to avoid doing something, because there is too much work involved, and they will not benefit from doing it, or because if they do it right, they will be affected negatively. 1st Myth - Arguing that more money will solve problems  The 1st myth statement - "Rich Countries and specially Northern European Countries, they spend a higher percentage of their GDP to support their Central government spending, and because of that, they have higher standards of living". The Facts Countries like: Switzerland 16%, Japan 18%, Canada 19%, Korea 19%, Australia 26%, United States 25%, Germany 31% and Sweden 32%, they have captivated a smaller amount and/or medium percentages of their country's wealth, for their central government spending, and they remain at the top of all indicators, as the best in the world concerning good standards of living for their citizens The Reality Good management,  and Sustain...

Real growth, as it is ...

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...You wouldn't believe it unless you see it ... so ... During the last 30 years ... The world's growth didn't run like a cheetah!   It was more like a Turtle ... This was the situation in 2007. Until here and after taking a closer look at this image, you will not notice any substantial different piece of information, compared with what has been posted in the news / media, throughout the world, during the past decades ... Image from the Wikipedia Website. It can be viewed here: http://en.wikipedia.org/wiki/File:GDP_PPP_per_capita_2007_IMF.png This file is licensed under the  Creative Commons  Attribution-Share Alike  3.0 Unported ,  2.5 Generic ,  2.0 Generic  and  1.0 Generic  license. ...And, concerning the evolution of the GDP per capita, PPP, in the past 30 years ... Looks nice !? No it  shouldn't .  If you look closer you will notice that this ...

This has to change ...

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The red carnation ... ... this symbol of the Portuguese Revolution (April 25th, 1974) is not presented here to call for a revolution, but it is displayed to honor the People of a Nation - PORTUGAL Explaining: I am Portuguese ... I was proud to born as such... Now I am honored to belong to this nation! Last Saturday, many of us (I wasn't one) went to the streets and they gave a "lesson" to the world. They manifested their discontent, their grief and their pain, with honor, with a civilized attitude, respecting the others, but still ... they have stated their opinion. The amazing Sound of Silence and the Dignity of the Act was expressed tremendously throughout the singing of one song. For me, the Manifest meant the following: "We love our country, please don't destroy it. We know the country had to change course, but 15 years of bad management cannot be emended in 3 years (2011-2014) with the current world...

HOPE

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H elp O n " P oor" E urope Because the ECB, the IMF, the European commission and the European council refused to cooperate with the countries that are complying with the restructuring plans, helping them to achieve success, concerning: 1) Providing economic support. A country can not reform their state institutions and their policy, deleverage their financial institutions, change their growth matrix and at the same time, support the "new" economy and support the ones that will be damaged by the restructuring process. 2) Low interest rates for the European economy. The lower interest rates were only used and applied to help banks. The cheap money didn't arrived to the companies and organizations. 3) Create Economic support programs, to be available directly to the European companies. The institutions mentioned above, they worked to support the European banks, but failed completely on the support side of the economy. Finance should support the econo...
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Why some companies go under and others remain above the water, floating away of the problems!?  Is it just a matter of perspective, like in the story, "is the glass half full or half empty"!?  The following items and techniques are missing in most business across the world, condemning them to failure. Many times, analyses focused in competitive advantages, tackle the lack of competitiveness, trying to solve it by lowering the wages or devaluing the currency. Therefore, they try to fake the real problem, by lowering the weights in the balance, and usually in the long run don't solve anything. In order to solve most problems concerning competitiveness, every company and business must incorporate the following into their "DNA - Dynamic Nature and Approach", every day, and into every thing they do: Capital - The availability of working capital (wc), capital expenditure (capex) and business venture capital to promote the existing and the new star...

Up with the new (old) economic truth ... The old teachings are alive again!

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Down with the old economic truth ...welcome to the new (old) economic basics ... time to look at Production (real production) and to competitiveness, take a look at people and work hard, promote the ability to coordinate efforts, to plan ahead, to innovate, to induce collaboration and value the ones who create the conditions to grow in a sustainable way, giving the new motivation a chance to be contagious and finally to achieve results ... we might be surprised about what we will find and with what we can do. The Ratings are reflecting it the wrong way. Why?... when they can make it work, measuring it the other way... When a country accumulates sovereign debt in excess, going over their capacity to repay what they are borrowing, again and again, Rating Agencies say - "this is triple AAA" !!!???  This example and the followings occurred during the past decade, but they haven't learned and it happened during the past 2 years after the pick of the fi...