Monday, December 8, 2014

Bubble breaker

i just remember when bubbles only represented to me summer water soap cups and with it to make floating empty thoughts which could fly high and high..... though it has been a time since that has happened, the bubbles seem to perpetue under several shapes. Lets take Roubini "Doom" analyst bubble.... according his own predictions,  2016 will be the stock  market crash year... because of the public debt "thought" that flown so high that, as other bubbles, it explodes in stratosphere. Is difficult to accept, but the gears just rolled free, there's possibly no mechanism that can oppose to the path of a crash... (personally i thought that it would happen sooner).
So, how to grow GDP in such a way that you could sustainably spare, to pay debt, or how to create enough commodities as royalties that you don't need to increase production, but rather only recognized added value for what you've already have, in the short term? I really can't figure how, but the "wild card" named corruption (the lack of it, actually) would certainly produce strong results in the most severe foresights / scenarios.
At the end, all "PIGS" or not, like to play in their own mud....






5 comments:

Max Coutinho said...

LOL All PIGS? LOL

Ciao G,

Further crashes in the horizon (in this case 2016)? Will we be able to bounce back this time, I wonder...We barely made it after the last crash. Let's wait and see if it will indeed happen - I'm feeling more optimistic when it comes to the financial world. :)

Cheers

GALLARDO said...

Hey MAX thx for your comment here! of course being optimistic helps in any scenario; At the end as someone said, "we" owe to humans, thats a human debt, not to marcians or venusians whatsoever... perhaps is just my sumptuous lack of belief in institutions that blinds me... all the best.

Max Coutinho said...

G,

You are right to be suspicious of institutions...they have been misbehaving. But I focus more on the political institutions that have been messing up while serving as a bridge to high salaries paid to incompetent politicians.

Oh my, your disappointment is starting to rub off on me :)

Cheers

GALLARDO said...

i would advise you an acetylsalicylic acid and mint tea cup then.... just in case... eh eh eh :)

Max Coutinho said...

LOL LOL...I'll take the mint tea only, thank you :)