POLICY MAKERS: DON’T MESS WITH THE MARKETS!

November 21, 2008

DEAR READERS:

I’M SENSING A LOT OF CONFUSION AND SEEING MANY DESPERATE AND PANICKY ACTIONS AMONG THE WORLD’S MOST PROMINENT ECONOMIC POLICY MAKERS. I TELL THEM THIS: STICK AND TRUST TO WHAT YOU HAVE LEARNT IN COLLEGE: RESPECT THE MARKETS WHILE YOU TRY TO SOFTEN THIS CRISIS’ EFFECTS ON PEOPLE (DEFEND YOUR CONVICTIONS VS YOUR BOSSES, THESE BEING MINISTERS, PRESIDENTS OR PMs., CONGRESS OR PARLIAMENT, MEDIA, ETC. OTHERWISE RESIGN) RECOGNIZING THAT THESE ARE TESTING TIMES, THE COUNTRIES THAT ARE GOING TO END UP BETTER POSITIONED FROM IT  ARE THE ONES THAT REJECTED THE SEEMINGLY EASIER BUT ABSURDLY COSTLIER SHORT-TERM POPULIST SOLUTIONS AND EMBRACED STOICALLY THE MOST SENSIBLE ONES. THUS, IF YOU ARE SINCERELY COMMITTED TO SEE THE WORLD OUT OF THIS TROUBLE BUT DOUBTFUL THAT SOME PAINFUL THOUGH RATIONAL COURSE OF ACTION IS THE BEST DECISION TO MAKE, THEN TRUST YOUR INSTINCTS (INTELLECTUAL INTUITION) FOUNDED ON THE ADVANCEMENT OF HUMAN KNOWLEDGE WHICH HAS BEEN THOROUGHLY EMBEDDED EVEN IN YOUR HUMBLEST AND MOST BASIC MODERN ECONOMICS TEXT BOOKS DURING THE PAST DECADES AND….. MAKE THAT DECISION. YOU ARE RIGHT NOW RESPONSIBLE FOR THE WELL-BEING OF SO MANY HUMAN LIVES. PLAY IT SMART! MARX, KEYNES ARE DEAD AND A WHOLE NEW AND BETTER WORLD IS WAITING FOR US!—- DON’T MESS WITH THE MARKETS!….   J. CNN


EURO-ZONE DEFIES FRIEDMAN BREAKUP FORECAST!

December 8, 2008

Trichet’s Economy Hits Friedman’s Bump, Defies Breakup Forecast

via Bloomberg.com: Worldwide.


FREE OR TIGHTLY REGULATED FINANCIAL MARKETS?..YOU DECIDE!

December 23, 2008

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I’m for free financial markets, Why? ….Please check and join “the present debate” clicking on the “Recent Comments” section on the upper right side column of this blog.  

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MILTON FRIEDMAN WOULD BE DISTURBED BY TODAY’S CRITICS!

December 24, 2008

Friedman Would Be Roiled as Chicago Disciples Rue Repudiation

via Bloomberg.com: Exclusive.


CAPITALISM IS WORST SYSTEM EXCEPT FOR THE REST!..YES!

December 30, 2008

Capitalism Is Worst System Except for the Rest: Caroline Baum

via Bloomberg.com: Opinion.


WORLD CRISIS : DOUBLE-DIP RISK!

September 15, 2010

IMF Meetings Should Target Double-Dip Risk: Mohamed A. El-Erian

via IMF Meetings Should Target Double-Dip Risk: Mohamed A. El-Erian – Bloomberg.


EURO CRISIS : FITCH CUTS ITALY ‘S, SPAIN ‘S RATINGS !

January 27, 2012

Fitch Cuts Italian, Spanish Ratings

via Fitch Cuts Italian, Spanish Ratings – Bloomberg.


WORLD CRISIS : U.S. ECONOMY……… SPEED BUMPS AHEAD

January 27, 2012

Growth quickens, but speed bumps ahead

via Growth quickens, but speed bumps ahead | Reuters.


EURO CRISE : GRÈCE : DE NOUVELLES COUPES BUDGÉTAIRES ?

January 27, 2012

Aide à la Grèce : l’Europe et le FMI souhaitent de nouvelles coupes budgétaires

via Aide à la Grèce : l’Europe et le FMI souhaitent de nouvelles coupes budgétaires.


MÉXICO : BOLSA ABAJO, PESO ARRIBA !

January 27, 2012

Bolsa México cae mientras peso logra décima jornada de alza

via Bolsa México cae mientras peso logra décima jornada de alza | Titulares | Reuters.


EURO CRISIS : SPAIN ‘S UNEMPLOYMENT RATE RISES TO 22.9% !

January 27, 2012

Spanish Unemployment Rises to 22.9%

via Spanish Unemployment Rises to 22.9% – Bloomberg.


EURO CRISIS : PORTUGAL….ANOTHER BAILOUT?

January 27, 2012

Portugal, Greek concerns weigh on world stocks

via Portugal, Greek concerns weigh on world stocks | Reuters.


EURO CRISE : RALENTISSEMENT DES CRÉDITS AU PRIVÉ !

January 27, 2012

Zone euro : net ralentissement des crédits au privé en fin d’année

via Zone euro : net ralentissement des crédits au privé en fin d’année.


EURO CRISIS : FINANCIAL TRANSACTIONS TAX ….MADNESS ! : CAMERON

January 26, 2012

Cameron Says Transaction Tax Proposal ‘Madness,’ Calls for Euro-Area Fix

via Cameron Says Transaction Tax Proposal ‘Madness,’ Calls for Euro-Area Fix – Bloomberg.


MÉXICO : BOLSA Y PESO MODERAN ALZAS !

January 26, 2012

Bolsa y peso México moderan alzas, retorna cautela tras Fed

via Bolsa y peso México moderan alzas, retorna cautela tras Fed | Titulares | Reuters.


MÉXICO ¿CÓMO VA HOY? (Jueves, ene. 26, 2012)

January 26, 2012

MERCADOS MEXICANOS-Qué dicen los analistas? 26 de enero

via MERCADOS MEXICANOS-Qué dicen los analistas? 26 de enero | Titulares | Reuters.


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