The Hopeful Economist

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The hopeful economist

The economy is very prodigious and covers everything about our life since everything costs, everything is used and everything is spent.That is why the writer’s purpose is that we get an economy with extraordinary qualities that allows you to do excellent things.For that he explains some economy. In Spain we were not very used the peseta and constantly devalued, the latter caused collateral damage. We often wanted and we continued wanting them to raise our salary to buy more expensive things but that is not good. Later we had to do something to protect ourselves from the threats from abroad, unite and facilitate economic growth and move on to the euro.This process took 40 years and on January 1, 2002 we officially had to change 166,386 pesetas for 1 euro. Since the data were amazing.000 projected homes, it began to think that it would attract tourists and with them money, there were many scams. The cohesion funds that the Feder lent them began to arrive, whatever you wanted to do by the Feder. This belonging to Europe we liked since not rich but there were facilities to function like them and it was also easy to travel through Europe. But from 2008 to January 2012 there are many without selling and many farewell people. In addition, business had to lower the product of things for someone to buy them.

Spain since 1986 is part of the European Union that is going through the Eurozone crisis, it tells us that for him all this is part of the burst of the bubble in 2001. Europe has many countries, this 27, there are graphics that indicate debts between countries and are chilling figures, the origin of this crisis is in the poor management of financial entities. The banks formerly seemed to help you, the employer were noble and honest with all this to leave us money but today they are dishonored, liars and traitors.

Capitalism is a set of capital or capitalists considered an economic entity, it is true that these capitalists risk their money to be able to form a business and thus keep banks with the loan and more guilds but the most important thing give work and money to people. And there the importance of the business. For being capitalist it is not a bad thing but being a wild capitalist yes.

All this are things that should be instilled since childhood but education in our country is quite bad, they are taught to think about the self and thus become wild capitalists and the country ends up working in any way. But school is really a training of people and education should be home.It is also true that for education to work, a lot. 

The crisis should not be solved by stating the superiors since if we were all good, honest and workers among all we would create a good system. We should think about how we want politics, education, justice … and fix the system, not change it. People thought that the State would fix everything but really if the expenses are superior to the income cannot do well.Everything that people together can help but to help 100% need a person who directs us and knew what he does since practically all the rulers of our country have not known how to do it.

We have a good path that Europe demands we lack few things but at the same time complicated.We lack more Europe. In Spain there are many communities, specifically 27 but it is a complicated issue to gather, it would be necessary to define priorities and in which money is used. The deficit in our country is very present, in 2011 it was 2.94% per 100 far away from the expected and that means not having money to pay many things. All these years we have been living above our possibilities and now we should save, lower salaries and raise taxes but that costs a lot, we usually think that the State is at our service and we don’t care if it is ruined but there really is a serious problem there.

We need a financial revolution that reviews remuneration, pensions, etc. and honest people are needed above all. The writer tells us that a bad bank is great since it serves to save the system buying the so -called toxic assets. Possibly you can even create a European bad bank. The revolution is also needed to end vicious circles. 

The truth is that due to the situations that the country is going through, the changes will not be little by little and will be much in much since there are alarming situations that are part of our day to day.It is said that if the councils were not, we would save money. But they serve to provide services. We should also rethink a reorganization of municipalities since many are not entirely necessary. 

The same with the Senate since it does almost the same as Congress. Deputies should not have such a high level of living and should be more responsible with their obligations. Risk rating agencies have shareholders as the pan -fed by the mango and Zapatero wanted to be part of those strongest economists in the world. We should ask ourselves in the hands of who we are and here there are no good answers. 

We talk a lot about ethics, moral or decency and nothing makes us go better and no matter how much we negotiate things until we work in changing everything will remain the same. Due to the civil revolution that the writer says that we need wants some consequences that are, that we all have criteria, only governments, municipalities etc. necessary or that financial entities are directed by honest people. We have to behave Spain well following criteria and we need more Europe, let’s have to act now and not ask so much when it will end.

PERSONAL OPINION 

I found the book very interesting since it explains problems that we are living and how our country works and worked although in the end it cost me a lot to read since it does not follow any history and it has not hooked me.

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