Wing loading and financial burden
Given that this crisis has had significant aviation background, as it was long treated as a "soft landing", via the famous Box 737 poorly executed in many drafts of the statement of income and my hobby declared to the world of aviation Today I would like to present the story in these terms.
There is a concept called air wing loading which refers to the kg / m² wing on the aircraft, and is a ratio which is obtained by dividing the total weight of the airplane between the number of m² having wing or surface lift. The values in commercial aircraft around 100kg / m². (0.5 kg m² in sailboats up to 600 kg / m² fighters). This applies from the most simple models of the airplane until the big intercontinental aircraft.
To achieve lower wing loading just have to grow wings (or decrease the weight) but this will not only increase the lift, but it increases the friction (loss of speed) and consumption, so it is important to find a point of balance that allows us to fly with enough lift and with an adequate and cost-effective. Aeronautical engineers, who are all thought to make its most profitable aircraft, invented the flalps, which are that part of the wing that unfolds backward at the time of take-off and soil and thus increasing the size of the wings ( and modifying the wing profile) manage to reduce the wing loading in the two moments in which the plane flies more slowly, thus making flotón more.
This concludes that the planes with high wing loading are fast (and need not be so but because they fly), but have little ability to glide and enter immediately lost, and those with low wing loading, are slower but more reliable in moments engaged as the shutdown of an engine or a slow flight before landing.
The concept of wing loading and the financial burden (which means amount of debt purchased by a company in connection with operations carried out), I think we have some parallels.
Companies with high financing costs, are more efficient at a time when the economy is flying at high speed, achieving spectacular growth as in recent times. By contrast, companies with little debt (structure typical family business that takes few risks) offers greater resistance to high speeds, because the large operations that could lead the company to double-digit growths, often require substantial inputs of liabilities external demand, and that scares the most conservative businessman.
But when things warp speed and the system loses, companies with greater financial burden, they start to have problems of lift and go into loss, the air that stand in flight away and sink like a stone. By contrast, companies with less financial burden, they are able to continue flying in the air at a lower speed and plan (to us be absolutely dependent on larger companies that break).
As always, virtue is at the midpoint, as a structure removed in debt and external financing after causing major problems when this fails, and a corporate structure reluctant to credit leads to slower growth.
The figure of the "flap financial" should be a tool that would allow ease the financial burden in difficult times and this could be articulate in several ways:
The first and simplest would be that our beloved promoters who are asking for aid to the government, reinvesting (via a capital increase) the extraordinary profits that were in recent years to increase the equity of their companies and reduce the sector's debt ratios But I feel that it will not be.
The second would be that the banks in an exercise in altruism (write to banks and altruism in the same sentence, I mark it as a grammatical error!) Condoms partially debts, but I feel it is going to be no.
The third is the socialization of losses, which most hurts us all. In the PSOE's own website can read a press release of September 7, 2008 in which Zapatero said "do not ask Him to save money for those companies that have had huge profits through processes in many cases that have not been appropriate for the economy, "but it seems that was not convinced either to themselves and a few days later, promised" 3,000 million euros to builders to encourage the hiring. " It should be clarified so as not to create bias (for that are already journalists) who are in the form of loans ICO.
Well, waiting for someone to comment on whether it worked or not the Excel spreadsheet that he proposed last week, I wish you a good day and a happy flight.
And to entertain the passage, I leave with you a summary of the press in a particularly stormy day in terms of the economy:
- Cataclysm on Wall Street by the collapse of Lehman and Merrill for the purchase of Bank of America
- Lehman Brothers bankruptcy and sowing panic in the financial system
- The Fed announces new measures to support the financial system
- Bank of America buys Merrill Lynch for 44,000 dollars
- The fuels should be worth nine cents less at the pumps
Ojo, because of what Lehman is no nonsense, talking about the largest bankruptcy in U.S. since 1990 and the third investment bank that disappears or changes hands in six months in that country, Lehman has no less than 46,000 million dollars ( 32,200 million euros) in mortgage securities.
Agárrense coming turbulenciaas.
Written by Oriolrc the Sept. 15, 2008 with 241 points.
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# 1, Carlos Lopez
I've created a new forum (which shall be final) to discuss the issues outside the rule of the day (politics, abortion, etc.).
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