Wolves and hyenas
Below Paul , apart Authan .
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[ Paul ]
Hello, I'm finding it fascinating
not the case of the day, that the revelations of Wikileaks, which I think they just confirm things already known and discounted. And even less I found very interesting the mosquito Friday guided by the fundamental figure of Debora Caprioglio .
instead I was surprised to hear that these days, on various media including Radio 24 (but not obviously the program Cruciani increasingly shit-oriented) have had some relief the views of Prof. Luigi Zingales about the speculators.
In short I think Zingales argues that at this time shoot the speculators are wrong, because the speculation that he would act "like a pack of wolves attacking prey, but rather" like a pack of hyenas ready to pounce on dead animals, but afraid to attack those living ". According to Zingales speculation is focusing on countries in fact "sick", with finances in disarray, and not against those who have accounts in place, so better let go speculators.
The weight and cut given to these opinions has left me puzzled, although speculation is affecting countries such as Greece and Ireland, have the accounts affected by natural disasters, and then, however, that these countries must reclaim its economy, Zingales of the rest of the allegations, made and implied, leaves much perplexed.
Zingales is assumed that the speculators will just strip the flesh off the states that have weak financial structures. Even if this thing is a good thing or a neutral (not think it is neither Greek nor Irish, to name one), Who will guarantee? Because here the problem starts Zingales that does not address: the speculators who will guarantee that, once they have been more exposed in the default profitably from time to time, will not continue even with countries that, despite having a basically healthy economy (within the limits of what makes this crisis) will not have the strength to resist their ambitions? No, in fact, precisely these would be the most delicious morsels and profitable. How often have proven stories of business failures and dismemberment driven by speculation, even in healthy companies.
Given this risk, the possible economic benefit (?) That il sistema trae dall'esistenza degli speculatori è tale da eccedere il costo della loro esistenza? Personalmente ritengo di no. E resto dell'idea che limitare la speculazione non eliminerebbe il problema di un sistema economico occidentale cresciuto gonfiando il debito pubblico e privato, ma comunque aiuterebbe a galleggiare, eliminando un fattore di rischio ed un ingiustificato peso economico, dando ad alcuni paesi il tempo di risanare le proprie economie.
Se la nave imbarca acqua, buttare a mare le tigri che si aggirano sulla tolda sbranando i marinai può aiutare a restare a galla, sia perché alleggerisce la nave, sia perché permette all'equipaggio di affrontare un problema in meno. E credo che se Zingales fosse su quella nave non direbbe " tanto stiamo affondando ", ma " forse così riusciremo almeno a stare a galla più a lungo ".
Ciao
Paolo
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