{"id":17834,"date":"2012-04-21T13:50:45","date_gmt":"2012-04-21T11:50:45","guid":{"rendered":"http:\/\/www.floracantabrica.com\/?p=17834"},"modified":"2012-04-21T13:50:45","modified_gmt":"2012-04-21T11:50:45","slug":"comentarios-del-dia-21-4-2012-comments-of-the-day","status":"publish","type":"post","link":"https:\/\/www.floracantabrica.com\/?p=17834","title":{"rendered":"COMENTARIOS DEL D\u00cdA. 21.4.2012. COMMENTS OF THE DAY"},"content":{"rendered":"

Tweet<\/a><\/p>

…………..<\/p>\n

COMENTARIOS DEL D\u00cdA. 21.4.2012. <\/strong>COMMENTS OF THE DAY<\/span><\/p>\n

<\/span><\/p>\n

…………..<\/span><\/p>\n

<\/span><\/p>\n

<\/strong><\/span><\/p>\n

<\/span><\/p>\n

<\/strong><\/span><\/p>\n

<\/span><\/p>\n

Lo que aqueja a la econom\u00eda espa\u00f1ola<\/strong><\/span><\/p>\n

<\/span><\/p>\n

\u2026<\/strong><\/span><\/p>\n

\u2026\u2026<\/strong><\/span><\/p>\n

<\/span><\/p>\n

BBC<\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026..<\/strong><\/span><\/p>\n

<\/span><\/p>\n

<\/strong><\/span><\/p>\n

<\/span><\/p>\n

Etnopaisaje.com<\/strong><\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026.<\/strong><\/span><\/p>\n

\"image002\"<\/p>\n

………….<\/strong><\/span><\/p>\n

.<\/strong><\/span><\/p>\n

<\/span><\/p>\n

<\/strong><\/span><\/p>\n

<\/span><\/p>\n

Los mercados mundiales sienten -de nuevo- nervios de prestarle dinero a un gobierno de la eurozona. Esta vez es el turno de Espa\u00f1a<\/strong><\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026\u2026..<\/span><\/p>\n

<\/span><\/p>\n

La tasa de inter\u00e9s exigida por los mercados para realizar pr\u00e9stamos al gobierno espa\u00f1ol<\/strong> por un t\u00e9rmino de 10 a\u00f1os se elev\u00f3 a m\u00e1s de 6%<\/strong> a principios de esta semana.<\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026.<\/span><\/p>\n

<\/span><\/p>\n

Comparen eso con la tasa de inter\u00e9s de 1,75% que Alemania tiene que pagar, tan baja que est\u00e1 cerca de batir un r\u00e9cord.<\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026<\/span><\/p>\n

<\/span><\/p>\n

Por eso resulta evidente que a los prestamistas a Espa\u00f1a les preocupe la posibilidad de no recuperar su dinero.<\/strong><\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026..<\/span><\/p>\n

<\/span><\/p>\n

Pero enfocarse en los pr\u00e9stamos del gobierno espa\u00f1ol ser\u00eda ignorar el punto central de esta crisis financiera<\/strong>, en la que el verdadero problema es el caos<\/strong> que se ha generado en la econom\u00eda de Espa\u00f1a<\/span><\/p>\n

<\/span><\/p>\n

<\/strong><\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026<\/strong><\/span><\/p>\n

<\/span><\/p>\n

La burbuja inmobiliaria<\/strong><\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026<\/strong><\/span><\/p>\n

<\/span><\/p>\n

Antes de 2008, el gobierno espa\u00f1ol fue -a diferencia de Alemania- uno de los que menos despilfarr\u00f3 en la eurozona.<\/strong><\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026<\/span><\/p>\n

<\/span><\/p>\n

Sus deudas eran de apenas un 36% del Producto Interno Bruto (PIB) en 2007<\/strong>, mientras que las del gobierno alem\u00e1n representaban el 65%.<\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026\u2026<\/strong><\/span><\/p>\n

<\/span><\/p>\n

<\/strong><\/span><\/p>\n

<\/span><\/p>\n

Evidentemente, esta crisis no tiene nada que ver con la imprudencia del gobierno<\/strong> de Espa\u00f1a. En realidad, fueron todos los dem\u00e1s en Espa\u00f1a quienes se comportaron de forma imprudente en el pa\u00eds.<\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026<\/span><\/p>\n

<\/span><\/p>\n

Cuando se implement\u00f3 el euro en 1999, los bancos, promotores inmobiliarios y compradores de casa tomaron pr\u00e9stamos con las tasas de inter\u00e9s reducidas<\/strong> a niveles hist\u00f3ricos. El resultado: una enorme burbuja inmobiliaria<\/strong>.<\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026..<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

Entre 1996 y 2007, los precios de las propiedades se triplicaron<\/strong>. Ahora que la burbuja explot\u00f3, los precios se encuentran en bajada constante y al parecer a\u00fan les queda por caer<\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026\u2026<\/span><\/p>\n

<\/span><\/p>\n

El problema<\/strong><\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026.<\/strong><\/span><\/p>\n

<\/span><\/p>\n

Desafortunadamente, el estallido de la burbuja inmobiliaria no es el mayor problema<\/strong> al que Espa\u00f1a se enfrenta, pues en el pa\u00eds tambi\u00e9n hubo otra burbuja: la de los mercados de trabajo.<\/strong><\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026<\/span><\/p>\n

<\/span><\/p>\n

Los costos laborales unitarios <\/strong>-que miden qu\u00e9 tan competitiva es la fuerza laboral de un pa\u00eds a nivel internacional- subieron demasiado r\u00e1pido durante los a\u00f1os de auge<\/strong>. En total aumentaron un 40%<\/strong> con respecto a los niveles de Alemania durante la d\u00e9cada pasada<\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026..<\/span><\/p>\n

<\/span><\/p>\n

El banco central de Espa\u00f1a, a su vez, le pide prestado al BCE<\/strong>, por lo que ahora le debe 250.000 millones de euros<\/strong> (el 23% del PIB de Espa\u00f1a) y la cifra sigue aumentando<\/span><\/p>\n

<\/span><\/p>\n

\u2026\u2026\u2026\u2026<\/span><\/p>\n

<\/span><\/p>\n

..<\/span><\/p>\n

<\/span><\/p>\n

\u2026<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

What ails the Spanish economy<\/span><\/p>\n

<\/span><\/p>\n

………..<\/span><\/p>\n

<\/span><\/p>\n

Global markets-again feel nervous to lend money to a government of the Eurozone. This time it’s time for Spain
\n……………..
\nThe interest rate demanded by the markets to make loans to the Spanish government for a term of 10 years rose to over 6% earlier this week.
\n………….
\nCompare that to the interest rate of 1.75% that Germany has to pay so low that it is close to break a record.
\n…….<\/strong><\/span><\/p>\n

<\/span><\/p>\n

So it is clear that Spain lenders to be concerned about the possibility of not recovering their money.
\n…………..
\nBut focusing on loans from the Spanish government to ignore the central point of this financial crisis, in which the real problem is the chaos that has been generated in the economy of Spain<\/span><\/p>\n

……
\nThe housing bubble<\/span><\/p>\n

<\/span><\/p>\n

………..<\/span><\/p>\n

<\/span><\/p>\n

By 2008, the Spanish government was-unlike Germany-one of the least wasted in the eurozone.
\n…………
\nHis debts were a mere 36% of gross domestic product (GDP) in 2007, while the German government accounted for 65%.
\n……………<\/span><\/p>\n

Obviously, this crisis has nothing to do with the recklessness of the government of Spain. Indeed, it was everyone else in Spain who behaved recklessly in the country.
\n………….<\/strong><\/span><\/p>\n

<\/span><\/p>\n

When the euro was implemented in 1999, banks, developers and home buyers took out loans with reduced interest rates to historic lows. The result: a huge housing bubble.
\n………..<\/span><\/p>\n

Between 1996 and 2007, property prices tripled. Now that the bubble burst, prices are in constant decline and apparently still have to fall <\/span>
\n……………
\nthe problem<\/span><\/p>\n

<\/span><\/p>\n

… Unfortunately, the bursting of the housing bubble is not the biggest problem facing Spain, as in the country also had another bubble: the labor market.
\n…………
\nUnit labor costs, which measure how competitive the workforce of a country internationally-rose too quickly during the boom years. In total increased by 40% compared to the levels of Germany during the past decade
\n………..
\nSpain’s central bank, in turn, borrows the ECB, so now owes 250,000 million euros (23% of the GDP of Spain) and the number is growing<\/span><\/p>\n

<\/span><\/p>\n

……..<\/span><\/p>\n

<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Tweet………….. COMENTARIOS DEL D\u00cdA. 21.4.2012. COMMENTS OF THE DAY ………….. Lo que aqueja a la econom\u00eda espa\u00f1ola \u2026 \u2026\u2026 BBC \u2026\u2026\u2026.. Etnopaisaje.com \u2026\u2026\u2026. …………. . Los mercados mundiales sienten -de nuevo- nervios de prestarle dinero a un gobierno de la eurozona. Esta vez es el turno de Espa\u00f1a \u2026\u2026\u2026\u2026\u2026.. La tasa de inter\u00e9s exigida por […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-17834","post","type-post","status-publish","format-standard","hentry","category-etnopaisaje"],"_links":{"self":[{"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=\/wp\/v2\/posts\/17834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17834"}],"version-history":[{"count":5,"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=\/wp\/v2\/posts\/17834\/revisions"}],"predecessor-version":[{"id":17840,"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=\/wp\/v2\/posts\/17834\/revisions\/17840"}],"wp:attachment":[{"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.floracantabrica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}