Few and far short of many
To give you a little variety to the blog we will have invited authors once a week will write the article. Now it's up to "Oriolrc" a habitual reader of reviews of the area (under another pseudonym).
Everyone knows by the low level of financial culture that we Spaniards, but in recent years was not worrying because everything was wind in its sails. Now that you see the wolf ears and began to feel in our bones break the consequences of the world, injured in Spain for financial abuse committed, we see that it was not unreasonable to dedicate part of our time to instruct a pelín in the art of the numbers.
As you can observe is a matter of preference, since according to the latest report of televised hearings of the Multimedia Group Corporation, the Spaniards we see on TV 223 minutes per day, which is 1350 hours a year. Given that the degree of economic consists of little more than 300 credits (3,000 hours), in just over two years we could have completed such a degree. It seems clear that the Spaniards until today we have been concerned over another type of credit.
Obviously it is not necessary license to perform a healthy financial planning, one need only be informed and not blindly believe what others do or say. Conformism and the herd is the attitude that favors more power and those who move the wires. Maybe we should have been more critical of the model that we were selling. The branches that no longer see the forest we are running out of leaves before the arrival of the "autumn economic" and began to take a bit of perspective about what has happened here.
Despite all this, what is not good for learning, just learning by crook, as estimated by the National Association of Financial Institutions Credit (Asnef) The credits or personal consumption fell by 30% in Spain until March.
Could it be that this is imposing the Pareto Principle? As we read on Wikipedia:
"Pareto observed that people in their society was divided between the course 'little much' and 'many little", and thus were divided into two groups of 80:20 such proportions that the minority group, made up 20% population, holds 80% of something and the majority group, comprising 80% of the population, 20% of something. ...
... It described how a population of approximately 20% holds 80% of political power and economic wealth, while the other 80% of population, which Pareto called "the masses", was divided the remaining 20% of wealth and had little political influence. This happens at about the distribution of natural assets and global wealth. "
Then:
Is the 20% of Spaniards gathers 80% of the national economic resources and the other 80% we give out the crumbs?
Is the 20% of Spaniards are what have led to street 80% of the profits they have generated in recent years of economic growth?
If we had known before the sr Pareto maybe we would have seen that it was impossible for all of a sudden 60% comprásemos vehicles and high-end single-family houses, and that if this happened was only to benefit the 20% (the usual).
As for the usual summary of news we highlight the following:
- The sale of homes fell by 24.4% in February, up to 55,462 properties
- If you are unable to inflation, join them: some funds linked to it earn more than 6%
- BBVA improved its profit by 14.9% excluding extraordinary, to 1442 million
- The effort to buy an apartment is already the highest since 1995
Written by Oriolrc the April 28, 2008 with 188 points.









# 1, Carlos Lopez
Welcome, Oriolc