¿Es posible la recuperación?

bonos

Como vengo diciendo desde hace años el desastre mundial (hablo de lo que le ocurre al 90% de los ciudadanos del mundo) era previsible (aunque soy economista no me voy a dar importancia diciendo que he usado complejos modelos econométricos, esos los usaron los estafadores bursátiles para justificar sus estafas, sino que he usado algo tan simple y tan complejo a la vez como el sentido común (que razón tenían mis extraordinarios profesores a los que nunca podré hacer justicia).

La globalización ha sido un “Caballo de Troya” de los grandes conglomerados empresariales para someter a la humanidad en su codiciosa carrera en pos de la acumulación y para eso consiguieron darle vuelta, mediante sus voceros a sueldo, a la máxima filosófica “el fin NO justifica los medios”; ahora “el fin SÍ justifica los medios”.

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This is no recovery, this is a bubble – and it will burst


The Guardian, Monday 24 February 2014

According to the stock market, the UK economy is in a boom. Not just any old boom, but a historic one. On 28 October 2013, the FTSE 100 index hit 6,734, breaching the level achieved at the height of the economic boom before the 2008 global financial crisis (that was 6,730, recorded in October 2007).

Since then, it has had ups and downs, but on 21 February 2014 the FTSE 100 climbed to a new height of 6,838. At this rate, it may soon surpass the highest ever level reached since the index began in 1984 – that was 6,930, recorded in December 1999, during the heady days of the dotcom bubble.

The current levels of share prices are extraordinary considering the UK economy has not yet recovered the ground lost since the 2008 crash; per capita income in the UK today is still lower than it was in 2007. And let us not forget that share prices back in 2007 were themselves definitely in bubble territory of the first order.
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