tag:blogger.com,1999:blog-24016165.post9152858577263325216..comments2023-08-23T16:00:00.292+01:00Comments on PPP Lusofonia: Tsu-money alert !PPP Lusofoniahttp://www.blogger.com/profile/13027335388583446474noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-24016165.post-20630073897666290632013-04-24T19:59:27.368+01:002013-04-24T19:59:27.368+01:00Great effort, but better focused on the external a...Great effort, but better focused on the external accounts: Little country, big debt? <br />- Who funded the CAB deficit of -8% of GDP, for how many years, and who are their major external creditors? <br />- How much is the Gross External Debt and how fast has it been growing? <br />- Do they have some nasty speculative swaps too? <br />Good that you propose to spare Slovenia "the lecture&Slovenia BoP problems after 7 years in the Eurohttp://ftalphaville.ft.com/2013/04/24/1469552/a-slovenia-qa/noreply@blogger.comtag:blogger.com,1999:blog-24016165.post-22810102892965429982013-04-20T15:48:08.055+01:002013-04-20T15:48:08.055+01:00 Altogether, about one-third of advanced economies... Altogether, about one-third of advanced economies—representing some 40 percent of global GDP—still face major fiscal challenges. Most of these 10 countries, including Portugal and six other members of the Eurozone have never experienced debt levels similar to the current ones, and certainly not for decades. They will need to undertake unprecedented fiscal efforts to bring their debt ratios to IMF fiscal monitorhttp://www.imf.org/external/pubs/ft/fm/2013/01/fmindex.htm?gclid=CNbul7652bYCFUzHtAodSxAA7Anoreply@blogger.comtag:blogger.com,1999:blog-24016165.post-31166130421723626562013-04-11T20:29:20.591+01:002013-04-11T20:29:20.591+01:00Previous bailouts were unfair: forcing LOCAL taxpa...Previous bailouts were unfair: forcing LOCAL taxpayers to pay off cross-border investors, professional speculators as far from the defense-less "widows and orphans" as you can get. <br />Local depositors are not part of the problem and they must, by definition, be part of the solution. If you continue to penalize local savers, the Euro will disappear into a bottomless pit. <br />The Capital controls better late than neverhttp://pawelmorski.wordpress.com/2013/04/11/cyprus-of-course-its-a-template-you-imbecile/comment-page-1/#comment-775noreply@blogger.comtag:blogger.com,1999:blog-24016165.post-61987738831648145372013-03-26T08:08:05.866+00:002013-03-26T08:08:05.866+00:00You are fooling yourself if you think that the Eur...You are fooling yourself if you think that the Eurozone debt crisis is about north - south, or even center-periphery. <br /><br />It's a gigantic credit bubble turned crash, and it's all about foolish overextended creditors who lent too much foolish over-indebted borrowers, one domineering, the other dominated, while the (im)prudential regulators stood idly by. Here's is a biblicalPPP Lusofoniahttps://www.blogger.com/profile/13027335388583446474noreply@blogger.comtag:blogger.com,1999:blog-24016165.post-85042768549039613882013-03-25T11:08:15.383+00:002013-03-25T11:08:15.383+00:00Cyprus banking plan to favour small depositors, fi...Cyprus banking plan to favour small depositors, finally. <br /><br />Leaders more afraid of foreign creditors and speculative investors, rather than of local depositors and voters, is nothing new. It harks back to the days of gunboat diplomacy, of foreign creditors lending to much, often to non-representative elite, and the taking over the customs house to collect on external debts. <br /><br />PPP Lusofoniahttps://www.blogger.com/profile/13027335388583446474noreply@blogger.comtag:blogger.com,1999:blog-24016165.post-40715023496141502772013-03-17T19:17:53.640+00:002013-03-17T19:17:53.640+00:00he Regulators must be crazy.
This is no way to ru...he Regulators must be crazy. <br />This is no way to run a banking system. <br />Cyprus is being forced to "tax" 9.9% on deposits over €100.000 and 6,75% on others. <br />INSTEAD, Cyprus should learn from the example of Iceland. Local resident retail depositors must be protected fully, and cross-border investors (aka professional speculators), should be subordinated and take residual.PPP Lusofoniahttps://www.blogger.com/profile/13027335388583446474noreply@blogger.comtag:blogger.com,1999:blog-24016165.post-51537466669647072192013-03-17T15:51:16.119+00:002013-03-17T15:51:16.119+00:00O Chipre que aprenda com a Islândia, a proteger os...O Chipre que aprenda com a Islândia, a proteger os pequenos depositantes locais, deixando os profissionais tirar as consequências das suas decisões. PPP Lusofoniahttps://www.blogger.com/profile/13027335388583446474noreply@blogger.com