The bag and the luck factor

Hello everybody.

Years ago, circulating a story that posed the following course:

A marriage with five children of alcoholics are mentally handicapped. The woman becomes pregnant again. ¿Dejaría you. that the pregnancy came to term or would favor stopping?

Of course there were views to suit all tastes. In the end, what came to say that story is: If you. is of the opinion that it would not fail the end of that pregnancy, you should be aware that you. would not have stopped the birth of Ludwig van Beethoven.

Over time I discovered that the story was not very faithful to reality. The father of the musician, in fact, ended alcoholic, but after the death of his wife, because it could not overcome. She was kind of sick and died of tuberculosis. Several brothers died of Beethoven being small (nothing unusual thing at that time) without, for anything, whether they were poor, and Ludwig himself, was the second of seven or eight siblings, but in no event, the sixth son .

But, despite the historical inaccuracies, this example serves to explain something to me about what I think of the current economic situation and all in relation to the impressive commentary, in my view, yesterday my dear Carsola (# 249) .

A few days ago I commented that one of the essential things that must be done at this point is to safeguard jobs. As rightly said Carsola, who stays in the strike, little is going to import everything to the Euribor. (I'm the first to participate in the daily batons to regard going to be the Euribor).

I share, one hundred percent, the need for state intervention, the cuts in rates and any other measures that could help restore some confidence in the markets. But I also say that if we stay alone in that, we are doomed to more of the failures. We would only prolong the agony. If the measures do not serve to preserve jobs, to provide financing to businesses and individuals, we will be doing a simple "remake" of that famous scene from the movie of the brothers Groucho Marx in which it repeated that famous phrase of "more wood !, While he was going to pieces by burning the train itself to feed the insatiable boiler and thus allow the train moving forward. Only this time the timber would be huge amounts of money from all of us. The insatiable boiler would be the "pantheons bank" (with the term coined by Carsola so well). And being the train, of course, the economy itself.

The resources of the states are finite and we risk squandered without contributing to overcome this difficult situation.

In all that I do not agree with Carsola is that I have not lost the hope that such a grimy among politicians, bankers, financial analysts, presidents of central banks, and so on. may not be able to put together four kilos of brain, whose neurons, serving the citizens, are not capable of leading this train of the economy to a station safely without burning their own wagons, and even the boiler of the locomotive, in the attempt.

Put another way: I am one of those who fail to follow their course of pregnancy, to the wise nature, to see whether, with a little luck, we created a new Beethoven we compose another ode to joy. (But be aware that perhaps the creature can be a new Chikilicuatre, nature sometimes makes mistakes, we put his head like a bass drum with both "perrea, perrea"). Let that be the outcome, as Droblo said, to decide.

Otherwise, over time, the economy, the bank pantheons and all of us, we may apply the words that are engraved on the tomb of Groucho Marx as an epitaph: "Excuse me lady who does not lift ".

Because all of us we will be more than tumbaditos.

Salu2

PS: Of course the story of what Beethoven is not at all to open a debate on abortion and less in this forum. XDD, XDD.

For baton today 5.089

The blame for all this we have had together, namely:
BANKS: By leaving money to people who knew that they could not pay, floor, furniture, car and other miscellaneous expenses all in the same mortgage, 110% more less.
ASSESSOR: For inflate the prices of flats to those above them the mortgage they need.
NOTARIES: By turning a blind eye to money in B in the notary, they do not want to see. Difference between selling price and real pv fictitious.
REAL ESTATE: For failure to advise either the price to be sold to real estate owners, for wanting to become rich and because the profession has been filled with rats speculative. Ex estates Co ...
ADMINISTRATION: People with power that has recalificado land for their own profit, has purchased rustic knowing they were going to do this or that thing in advance and then add value to their interest. EJ. Julian M .... And not to have looked very closely at the VPO and whom they gave.
PEOPLE IN GENERAL: Poor workers (not working poor) who have dreamed of what they had robbed the rich and selling apartments before writing, robbed in the bloated business hours, and so for pillage have 4 by 4, the duplex penthouse with a swimming pool and scrub the fronts of siblings, neighbors, etc., Bone's death, we are new snobs. (90%)
AND MANY OTHERS: As the change of currency (cost of everything), black dinerito brought to light at that time and so on.
All of this together is called CRISIS, and above the government does not know where to throw it all do not have an idea on conditions.
Well now, to see how we go out of this.
Kisses pa all.

Of Merill Lynch, which are a step away / break that saw no NI BY looming that they came over with the subprime and CDS of these guys ... are you going to believe anything published? Could it be because they are short on Spanish banks?

In two words: PA-glycine.

On Saturday I was ahead of Morgan Stanley in Serrano ... or plasma displays were, you hear: for me, all these banks and their catastrophic scenarios reports from Spain, Europe or San Quentin de la Vega is not worth nor patomalpolcu.lo.

Baton: 5.100%

Good morning!.

I read that these individuals are still giving turns to the same nut, that is, that if the Euribor low, that if they have to lower floors, that if the bag is opportunity / trap, if that is true ... ..!, I feel good, but the straw (mental), do not let us see the beam (real).

I would say that what really screwed us, apart from the high mortgages, are the high prices of everything, including commodities.

I do not know if most people know as walks the bag, the bag of purchases. This is where we are sticking with the hook.

That housing has to lose is obvious, and the sub has to disappear. But what is that you can not pay what you pay for basic services, the taxes go up, politicians (with charges) that are multiplying, etc. ..

Anyway, we're with macroeconomics not miss gout and in the meantime we continue with salaries that are not up to date.
Converted to the bone and smiling for a few crumbs of the Euribor in rebates.

Greetings

In the current crisis, many futurists, preventing a rebound in 2010, middle or end, if not rightly current crisis and the rawness of it.
This crisis, this is behaving the most typical American style, which is a great downhill and a sharp rise much more quickly and in short time, so my opinion is that the economic recovery of the current situation will be for the second half 2009, when the families will begin to review the mortgage interest rate to a more reasonable or see their next renewal and the Euribor behave in a stable way to the bottom.
That if the job take to recover another year.
Since we're throwing all odds, it is not going to be just as valid mine, the other "economists" who failed to see that coming, but that if a bull know very well the past because there has been. , And I think everyone is still wrong in the diagnosis.
Well my forecast for the Euribor today is as close to 5100%.
A greeting to all s.

good days
At the end I was past, I AM IN UNEMPLOYMENT.
A lifetime of rent, listening to the "victors of the brick" when they laughed at me because they throw the money. All agreed that the ball was so big that if resale the government would save them, with the money of all. Among them people like me who never wanted to enter the circle of success without foundation.
In January this year, we came out with the opportunity to go to work in the USA, good condition (home + car + insurance + gasoline + + travel to Spain twice the salary ... ... ... .. it was great, no?)
Only 9 months later we are in the street ... .... At least we have stopped in a street Spanish and have something of social coverage.
Now we have to look for work, fortunately we are not settled to a particular place, so we can go wherever they are better things ... .... But where? In times past the Spaniards out of work seduced us to go south of Madrid, Barcelona or north ... .. the more adventurous could go to Germany or Switzerland ... but in the current crisis Where you going? Dubai?
So in the end a sensible hormiguita as I have finished paying their taxes and their own work with the Enermar vividoras orgy of cicadas. They have spent many things that could not happen: the floors have fallen in price, the banks go bankrupt, and drop the liberal dogma "the state is not the solution, is the problem."
Congratulations cicadas, from now on I will not think about my cholesterol (Chori eat, ham, pork .. until I reached the dough), I will even start to smoke reefer, driving without a waist, and even without me go to whores ... .. total condom use for which serves as a good kid ... sensible.
Sincerely, forgive me pessimistic roll last for a fair work.

# 2 Hand H20
I totally agree. We have to protect employment. And I go further, the unemployment figures are accounting for layoffs that are occurring, but what about all recent graduates of all universities in Spain, with all those who have just finished their FP or any profession and want work? Those figures are not known but they are here, desperately looking for work ... My company is in suspension of payments, not charging the strike but neither the payroll, and wishing I collect unemployment receivable something ... I do not know, but I see the future as in the era of my parents, one of the two little children and taking care of the house, for this to go ahead ...

# 9 Poor Hablador

About what you comment on extending the term of housing account for 4 to 6 years, I feel good, but basically is a measure of the desperate. There are many people who have a house about to expire and watching to see who is falling is not the time to buy.

I do not intend to give any advice, but it does count my own experience. I also did a house and I lapsed at the end. At first it was hard, I had to return a lot of money, but today I can say I did the right thing. At first it was a handicap added to the desire to buy a flat, but the accounts I am not leaving. I thought, it's worth mortgaged for life for not only losing the account housing? Well today I tell you is not worth it.

If you think coolly, you are returning a hubieseis money paid to the Treasury, that is, that really was not yours, but yes, the penalty interest are unavoidable.

I think that the housing conditions of the account should be reviewed not only by duration, if not by amount. The most that can lead to deduct in 4 years is approximately 6000 euros, or one million pesetas. What does one million pesetas on the current prices of the flats? Nothing, not given, nor for the roles. To think that years ago, back in those days, when a flat second-hand might cost 12 or 14 million pesetas, with the housing account for nearly sacabas roles, but now "or pa pipes."

In short, I think we should revise its conditions for a return to be useful. And those who have a about to expire, a recommendation, not presionéis you to buy an apartment because of her. If you buy one, if not you going to put a rope around his neck by a cash payment, perhaps later with a little haggling can get.

I know bad because in Spain we have very good economists, there is more to do to those who write here. My best friend of all life is and what really are getting crazy trying to give explanations to everything that is happening.

Thirty pages of reports made to pose different scenarios with an impressive thoroughness that leaves me perplexed that after everything is going adrift.

In the end the conclusion we reached after days of intense work is: "we are getting crazy or what?". What we need are not economists are psychiatrists.

A greeting.

GOOD DAY.
Without wishing to offend, I bet they hit anyone.
A SALUTE