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Asunto: »Political & economic ideologies (communism, capitalism et
Rounded education is a good thing, but not when you have to learn by heart types of soil/minerals in different parts of world etc. ;)
Dump the dollar as the world reserve currency; will solve half of the problems we have right now.
* please do not post pictures whose size is greater than the forum allows.
/Schepel
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/Schepel
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We (our liberal student group) had a discussion with one of the best economists of Flanders. It was about the necessity of Europe to leave the Euro behind and to go back to national currencies. Very interesting :-)
"the best" :-). Dont be crazy.... EURO has a lot of problems which are based on bad discipline of countries and selfish behaviors. But for business it is great thing, also for tourism and moving of capital, workers, foreign investments and so.... that "the best" economist just forget on everything and looks just on bad things.
If that economists tell you about necessity of EURO2 and clear rules which would be above national law, than we can say really "the best" economists :-)
or maybe just go and ask people from counties which were in not euro system and remember it, people there can explain it to you better :-)
If that economists tell you about necessity of EURO2 and clear rules which would be above national law, than we can say really "the best" economists :-)
or maybe just go and ask people from counties which were in not euro system and remember it, people there can explain it to you better :-)
There is no necessity of EURO2. There is a necessity to chose: do we want a political union or not? If we don't want it, the euro will have to disappear. If we want to keep the euro, countries will have to give up some of their sovereignty, which most countries don't want to. The moment the Bundesbank says 'enough', the ECB will go down like a pudding, and the Euro-story will be over.
I agree, but just in case of losing sovereognity in area of state debt and control of national budgets. Any other losing sov. is just political takeover/control of other countries, so same direct(income) taxes or some other national laws is stupidity.
So I agree but just is case of debt and state budgets!
So I agree but just is case of debt and state budgets!
I was talking about debt and state budgets, so we agree on this ;-)
The problem about going back to our national currency here is that the main issue in the spanish economic problems is that we (the citizens) have a big debt with the banks and they are taking away everyone's home and possesions because people just can't pay if they have no jobs.
If you roll back to our national currency, salaries will be the same but our debts will be higher (spanish peseta is worth less than the euro) so that will make people even poorer and yet, banks win again.
If you roll back to our national currency, salaries will be the same but our debts will be higher (spanish peseta is worth less than the euro) so that will make people even poorer and yet, banks win again.
The problem about going back to our national currency here is that the main issue in the spanish economic problems is that we (the citizens) have a big debt with the banks and they are taking away everyone's home and possesions because people just can't pay if they have no jobs.
When you can't pay your debt, it's normal the bank takes your house. That's the basics of a loan.
If you roll back to our national currency, salaries will be the same but our debts will be higher (spanish peseta is worth less than the euro) so that will make people even poorer and yet, banks win again.
No, the national debt will increase, however, without devaluation or revaluation, the loans (of individuals) would be in the same currency as the money they earn, so their debt would be the same. However, certain countries (PIGS for instance) would suffer from a deep crisis, but there would be perspective to a better future (look at Argentina, went broke in 2001 but had an economic relance from 2003 onward). The pigs-countries have payed an interest rate that was not high enough due to euro.
When you can't pay your debt, it's normal the bank takes your house. That's the basics of a loan.
If you roll back to our national currency, salaries will be the same but our debts will be higher (spanish peseta is worth less than the euro) so that will make people even poorer and yet, banks win again.
No, the national debt will increase, however, without devaluation or revaluation, the loans (of individuals) would be in the same currency as the money they earn, so their debt would be the same. However, certain countries (PIGS for instance) would suffer from a deep crisis, but there would be perspective to a better future (look at Argentina, went broke in 2001 but had an economic relance from 2003 onward). The pigs-countries have payed an interest rate that was not high enough due to euro.
La mayoría de los españoles tiene hipotecas con los bancos?
Does most of spanish citizens have mortages with banks?
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Does most of spanish citizens have mortages with banks?
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I don't know if most of us, but many and that's the problem. When we had this construction boom, banks were giving loans to whoever wanted them because a construction worker could easily earn from 2000 to 3000 euros, and nowadays most of them are jobless. Spanish government had to inject money to the banks because they had lost a lot of money, yet banks aren't giving loans anymore but everytime they want to take away your stuff from you, they do.
Also, most of new "small bussiness" or the ones that were expanding themselves that that had to close were victims of those loans, and those bussiness are actually more than 70% of most cities' economy.
Also, most of new "small bussiness" or the ones that were expanding themselves that that had to close were victims of those loans, and those bussiness are actually more than 70% of most cities' economy.