TheLondoner
Forumer storico
:solo chiacchiere la Bce comprerà covered bond ... saranno le banche tedesche a beneficiarne... (ed indirettamente le finanze germaniche visto che il Sofin è impelagato pesantemente a ricapitalizzare il sistema bancario)
Macroeconomia Crisi finanziaria e sviluppi
- Creatore Discussione METHOS
- Data di Inizio
:solo chiacchiere la Bce comprerà covered bond ... saranno le banche tedesche a beneficiarne... (ed indirettamente le finanze germaniche visto che il Sofin è impelagato pesantemente a ricapitalizzare il sistema bancario)
TheLondoner
Forumer storico
sicuramente ne godranno anche spagnoli, irlandesi, olandesi e francesi ..ma il grosso dei covered ce l'ha proprio il paese della Merkel...
A proposito HypoRE necessità di altri € ... dovrà essere nazionalizzata al 100%
A proposito HypoRE necessità di altri € ... dovrà essere nazionalizzata al 100%
troppidebiti
Forumer storico
D'accordissimo. Eppure ci sono divisioni anche all'interno della stessa BCE.
Vedasi 2 mesi fa, Stark ha avuto il coraggio di criticare l'autorizzazione all'IMF di stampare euro per regalarli all'Est
...
The results of the G20 summit have been broadly welcomed by policymakers including the ECB's President Jean-Claude Trichet. but Stark questioned whether this decision was needed and had been properly thought through.
"That is pure money creation. That is helicopter money for the globe," he told German business daily Handelsblatt in comments later confirmed by the ECB.
...
http://uk.reuters.com/article/businessNews/idUKTRE5362AQ20090407?sp=true
e Stark è stato subito messo in disparte: Trichet il giorno dopo ha detto qualcosa tipo:"sono sue opinioni personali"
Merkel attacca la Bce:
un errore acquistare i bond societari
TheLondoner
Forumer storico
attenti ai politici... dicono il contrario di quello che pensano/desiderano...
paologorgo
Chapter 11
Government deficits have skyrocketed in the past year, yet the U.S. as a whole is borrowing much less from the rest of the world. What’s going on?
As shown in the following chart, the answer is simple: Americans are saving more and investing less.
The chart shows how our current account deficit — the amount that we have to borrow from abroad — changed from the first quarter of 2008 to the first quarter of 2009. One would usually expect that soaring government deficits — which have increased more than $540 billion at an annual rate — would translate into more borrowing from abroad. Indeed, if other factors had stayed the same, U.S. borrowing from abroad would have needed to increase from $693 billion in Q1:2008 to $1,236 billion in Q1:2009.
But other factors didn’t stay the same. Individual Americans started saving again, reducing our nation’s borrowing needs by $455 billion at an annual rate. And private investment plummeted, reducing borrowing needs by another $458 billion. Together, those two changes largely explain how U.S. borrowing from the rest of the world could fall by $400 billion over the past year, despite booming government deficits.
In the long run, the increase in personal saving will be a welcome development, as Americans rebuild their wealth and help finance government deficits (in the short run lower consumer spending may weaken the recovery). The decline in private investment is more troubling. In the short run, some of that decline is healthy as we work through excess inventories of products, houses, and some types of commercial real estate. In the long run, however, we will need growing investment to boost the nation’s productive capacity.
Notes on the data: All figures are reported as seasonally-adjusted annual rates (SAAR). The chart uses the National Income and Product Account (NIPA) measure of government deficits, including government investment expenditures. The “Other” category includes consumption of fixed capital” (i.e., depreciation) and the statistical discrepancy (i.e., the placeholder that makes everything balance). BEA will release official data on international transactions in mid-June; the figures on the current account deficit here come from the recent GDP release.
http://seekingalpha.com/article/141274-why-is-the-u-s-borrowing-less-from-abroad
As shown in the following chart, the answer is simple: Americans are saving more and investing less.
The chart shows how our current account deficit — the amount that we have to borrow from abroad — changed from the first quarter of 2008 to the first quarter of 2009. One would usually expect that soaring government deficits — which have increased more than $540 billion at an annual rate — would translate into more borrowing from abroad. Indeed, if other factors had stayed the same, U.S. borrowing from abroad would have needed to increase from $693 billion in Q1:2008 to $1,236 billion in Q1:2009.
But other factors didn’t stay the same. Individual Americans started saving again, reducing our nation’s borrowing needs by $455 billion at an annual rate. And private investment plummeted, reducing borrowing needs by another $458 billion. Together, those two changes largely explain how U.S. borrowing from the rest of the world could fall by $400 billion over the past year, despite booming government deficits.
In the long run, the increase in personal saving will be a welcome development, as Americans rebuild their wealth and help finance government deficits (in the short run lower consumer spending may weaken the recovery). The decline in private investment is more troubling. In the short run, some of that decline is healthy as we work through excess inventories of products, houses, and some types of commercial real estate. In the long run, however, we will need growing investment to boost the nation’s productive capacity.
Notes on the data: All figures are reported as seasonally-adjusted annual rates (SAAR). The chart uses the National Income and Product Account (NIPA) measure of government deficits, including government investment expenditures. The “Other” category includes consumption of fixed capital” (i.e., depreciation) and the statistical discrepancy (i.e., the placeholder that makes everything balance). BEA will release official data on international transactions in mid-June; the figures on the current account deficit here come from the recent GDP release.
http://seekingalpha.com/article/141274-why-is-the-u-s-borrowing-less-from-abroad
stockuccio
Guest
gli USA ... il governo emette bond e li compra la FED, quindi più dollari in giro, per gli USA va bene così, affogare i debiti svalutando il dollaro o inflazionando
segnalo http://icebergfinanza.splinder.com/ come al solito, due gli articoli odierni ...
deflazione fino a quando il livello del debito non calerà significativamente ... secondo Kasriel dall'anno prossimo inflazione, per Mazzalai più in la nel tempo ... certo che a suon di default i tempi si accorciano
nel frattempo aumenta il risparmio e calano gli investimenti i consumi e i mutui ... significa che la gente si aspetta prezzi migliori
segnalo http://icebergfinanza.splinder.com/ come al solito, due gli articoli odierni ...
deflazione fino a quando il livello del debito non calerà significativamente ... secondo Kasriel dall'anno prossimo inflazione, per Mazzalai più in la nel tempo ... certo che a suon di default i tempi si accorciano
nel frattempo aumenta il risparmio e calano gli investimenti i consumi e i mutui ... significa che la gente si aspetta prezzi migliori
stockuccio
Guest
comparando il '29 alla situazione odierna ... ora è peggio... http://voxeu.org/index.php?q=node/3421
aggiornamento http://www.voxeu.org/index.php?q=node/3421
troppidebiti
Forumer storico
Yunus80
Del PIG non si butta nulla
nel frattempo aumenta il risparmio e calano gli investimenti i consumi e i mutui ... significa che la gente si aspetta prezzi migliori
Secondo me significa che la gente non ne ha più tanti da spendere
Similar threads
