A weak dollar leads to bankruptcy
8 November 2007 – It seems that the media finally decided to approach reality on oil. [Note: for many months the increases were justified with high oil prices]
It would not be a problem if the oil would cost too 100 dollars per barrel in the meantime if the dollar continues to always cost less than €. What's happening.
That's why there is no dear oil, and if anything it is a weak dollar.
Oil at 93 dollars a barrel costs about 61 Euro.
When oil was at 35 Dollars, actually we paid about it 44 Euro.
Considering that there are also gas, and alternative sources, The problem is not so serious, Indeed, it pushes us to invest in alternative sources and in the research preparing the advent of a cleaner future and with less wars.
But then because Italian politicians get angry for the super euro (that does not exist)?
Simple: a weak dollar (or a strong Euro to his confrontation) will take us to bankruptcy. But only Italy.
The problem stems from the fact that for decades we have dealt with the problems of “Italian system” with the devaluation.
In the years in which Ciampi was governor of the Bank of Italy, Just it is approaching an economic crisis they proceeded to the devaluation of the lira. In this way the Italian products were cheaper in foreign markets, And therefore it was possible to make the boat go on as it was, ie with privileges to caste, industrial assisted, corruption, state parasitism, etc. etc.
but, with the devaluation, It also renounced improving the system to make it more efficient and competitive. And the problem of the impoverishment that derives from the devaluation was downloaded on public debt.
And so the problems that had to be solved 20 years ago they have all accumulated, and they are to be solved today!
The result already evident today is that the 40-enrolls are called “guys” and it is to blame if you do not have a salary . Their fathers instead , they are made 2 homes leaving the state accumulate debts to pay for their children.
It can be said that Ciampi has walked to the country in a monstrous way, condemning 2 The 3 generations insecurity, to poverty and servitude to the caste. [ You can also say of the DC ]
Moreover, thanks to the devaluation of many ailing industries, sentenced to die anyway for globalization, they are surpassed themselves. Now obsolete industries that insisted on keeping up, even with the low labor cost of immigrants. [ Note 2011: Today they are unemployed at home and I want social assistance]
The result is that those industries are now made by debt factory, And they left the community only the problem of a wild immigration that destroyed the sociality and even the safety of the natives.
therefore, Now it happens that the weak dollar makes US exports increase, but in addition to the US and increase exports to India, China etc. that are measured in dollars.
Practically, if it continues like this, that is, with an even stronger competition than before the Chinese and Indian goods, from here a few years [It was the 2007 when I was writing] The Italian production system will be shaved on the ground except for few excellence.
And it will continue like this because the USAs need the dollar to remain weak to export. The Chinese are getting rid of the dollars and this will still increase the devaluation of the dollar, threatening to slide it from American hands. [ In reality then the Chinese opted on buying Europe with dollars]
But the Germans and French, now globalized financially, It does not really.
A strong coin is normal, So was the German mark.
At most the Germans will become more and more capable of buying even those few good remaining of the bankruptcy economy of the Italian system.
Therefore, a weak dollar compared to a € “strong”, combined with parasitism and public debt will send us bankruptcy. Without mentioning the caste unmovable and unable to do anything he does not know how to show the news [Prodi's government was yet to come when I was writing, that he sucks].
but, though ironically they were to raise US interest rates, then the dollar re -evaluates with respect to the euro. Unfortunately, however, this would make the interest to pay on the debts of the state, Which already cannot equalize the accounts although it tries. [in 2010 , Despite multiple taxes, fewer services and violent cuts , the state does not draw]
therefore, it seems to me that we are technically bankrupt, but no one has the courage to say. almost.
fleur
12 January 2011 @ 21:26
Beautiful piece. Sincerely, I do not see anything wrong that the German capital buy the’ Italian industry. They put us profits, We creativity . And we come out yet.
Paolo
29 November 2007 @ 08:39
Interesting post that, But, It has left out an aspect of fundamental importance, namely the decline of globalization(Finally) due to peak oil or peak oil production.
increasingly expensive fuels or even poor, price of maritime freight growing exponentially and then downloaded to the final price of the processed product or merchandise, They will make it uncompetitive everything that is produced in low-wage countries(good only for slaves) and above all it will always be more difficult and expensive to import from abroad.
E’ inevitable in the near future the return to local / national economies.
An advice:dusted bicycles…
giuseppe
17 November 2007 @ 16:19
Dear Max 6 Friends
I'm really discouraged and do not see a viable choice in our political landscape. The names change, and symbols, coalitions but new people are not there and the old do not even technical intelligence to improve our country just look at the issue alarming security HELLO
D
14 November 2007 @ 15:22
I agree with the belief that we are DOVER consumers to make a difference, in addition to doing COULD. who knows’ Why’ but’ at the right time always prevails the way of convenience. … Unfortunately, and I hate to say, we have rulers who reflect us, speaking in general. we join forces, we can still turn things around!!!
max
9 November 2007 @ 18:53
The fault is not Ciampi, because that was the system that the policy adopted and he had to follow the directives. The fact of keeping us in the famous narrow band, It was a political choice, Ciampi, who had to follow, using all the tools.
To Giuseppe I say that it is not true that war increases the economy. E’ shown that the peace economy is more income (The British paid the debts of the I World War I until the 1960s).
at dinner, that with the high price of oil is having big problems, In these days he is thinking he proposed to buy it in another currency.
adriano Zanchin
8 November 2007 @ 19:25
In your Panto Segato and died a natural death or were made out?
Oscar Boscaro
8 November 2007 @ 12:14
http://www.socialprosumer.splinder.com/
Oscar Boscaro
8 November 2007 @ 12:14
To the c.a. Loris Palmerini:
And YOU JOIN THE’ YOURS.
WAITING FOR YOU WITH YOUR ARTICLES BOMB…
LET'S SEE IF SOMEONE…. GIVE an alarm!
(P.S.: FORCE Beppe Grillo!!!)
Oscar Boscaro
8 November 2007 @ 12:10
Cos'e’ Social Prosumer
Large numbers is the literature dealing with the Prosumer, So it is a phenomenon not only already existing, but growing.
In the company there is a desire for participation that grows hand in hand with the crisis of trust in the institutions and those who represent them.
Political parties and public administration, although not clearly manifest the, warn the, and companies realize that they have to contend with consumers who are increasingly critical and careful.
The request for participation from the bottom and want to build a new lease of life through new forms : social forum, events in the square, girotondi, blog, V-day. Another possible way is the consumer boycott, that rewards companies by ethical conduct and social responsibility at the expense of other.
The Prosumer, active and participating consumer, He wants the redefinition of the rules of the game and wants to be part of it, to hear his case.
Politicians and he realized via surveys, urban projects in which it involves the population, primary election, forum, blog want to satisfy the thirst for citizen participation, But the impression is only a facade, only a sop. It is therefore important to be vigilant and present, always.
We are asking for your involvement to create a constructive network, aimed at enhancing the knowledge of each, inspire debate and then to a cultural production, fruit of the pooling of their experience and expertise.
Together we can put pressure on governments, on the market, on organizations such as the UN, and the means by which we do that is powerful: the Square event leave the wind voices, here remains black on white and impossibilie ignore it when it is done in a big way. in piu’ you can’ do from home using very little time.
We coined the figure of the social prosumer because we want it to be clear that we operate in the interest of the collectiveness , without making money over, but only to get a better life, a true democracy, more justice. For us and for the entire planet.
For example, if we reward companies that use packaging made from recycled products, which therefore do not lead to the consumption of new resources that are the heritage of all humanity, Perhaps not think the others would be forced to adapt?
If we point the finger on a pharmaceutical company that does not produce a life -saving drug only because’ it is not’ profitable, and we do not buy more’ its prodtti, You think it can have no effect?
If we eve on the government's activity and raise the item you think they don't have to take into account? We are those who will be called to rieleggerli.
We are many, we just get together and keep us connected to each of us. By this means you do not have more’ excuses… each of us can do something, think about it.
We can no longer’ Say… It all goes wrong, but what can I do? Mica I can change the world!
Well it is no longer’ cosi’, It begins to adhere to Social Prosumer, that will connect’ with other initiatives, that collaborates with already existing and operational associations.
There are many projects and fields of application.
What we need to do is make us recognizable, give us an organization and join, in order to have a single voice at the right time.
JOIN AND SEEDS PURE TU, for you and your children
by Dilia
http://www.socialprosumer.splinder.com/
giuseppe
8 November 2007 @ 10:30
I have some relatives in Argentina, and for years has said our performance based on their experience. We are not far from a similar crisis to the one that took them. Situation created by our governments and the decisive shove given by euro lira to which the good Prodi has not been able to say his in locations and the most important time after the Second World War, but he only had a grin unfortunately. The real problem is that for too long there is no war in Europe and our economic systems are not able to grow continuously if there is no destruction. America knows something being its strength based on a war industry must create wars around the world, We ?? if we had a general with balls instead of the belly there would be a coup because from right to left these us - + - + - O still us.
fleur
12 January 2011 @ 21:29
E’ ultrasfruttata a thesis and also quite flawed.
Alessandro Pentori
8 November 2007 @ 09:50
It would be curious to get to the source of the problem and understand why the dollar is devalued because it is not used and a currency that does not suffer from these problems…
Who knows why, however, nobody questioned the need to have a currency imposed by law…
fleur
12 January 2011 @ 21:28
should the…from.. all private bankers who are earning on our skin. So goodbye caste.
I
8 November 2007 @ 08:54
You know, AND, that spam is a crime? Anyway I agree with the above
me
8 November 2007 @ 08:26
I just found out the problem of blogs: all they can say shit in journalistic form.
Specifically on this blog.