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Speaking about the current financial crisis
No CommentsWe believe that once again the facts are very seriously affecting the global economy do not support the views of economists and analysts worldwide, and as it? that of the rulers who advocate and practice since the events that are happening are showing that they are such leaders in each nation who are forced to adopt economic measures that somehow convincing the curb. Therefore, those rulers who claim to be progressive in the economic field are contradicting to intervene oriented policy, as stated above, to mitigate and slow given the social ravages that are taking place and worldwide.
Well, this economic crisis, including more liberal governments such as U.S. or England and even Japan, are intervening directly, as we have said and making their respective Central Banks give guidance and mandatory standards and measures exceptional tax in order to diminish the extent possible the consequences it is generated and are clearly adverse to the business and unemployment and we have the case of Spain where the numbers of people who have lost their jobs. It aims to prevent short-term economic recession do even more damage in these economies and to degenerate into a real economic depression.
Already discussed in previous article in these economic concepts and summarize for the convenience of the reader that economic downturn is the decline and fall of the GDP of a nation or region (in this case we are referring to nations affected) and the economic depression is the decline or decrease production level of a nation with the attendant consequences that this entails (surplus labor and therefore mass layoffs and business failures (we referred to as banks go bankrupt could never imagine that they have done) in a final talk and ECONOMIC CRASH authentic or put another way, the economic collapse of the nation..
Such was the case of Argentina is the latest in our economic history.
The experts on these issues saying that this economic crisis hits us could extend until 2010 and will then expect these economies begin to recover.
Spain is a victim of this situation and may last longer, and that an adjustment of the construction sector seriously complicates the situation and produce the generating extension in time have to regain its competitiveness (the result in this case) no one was involved in the regulation of supply and demand for housing which demonstrates once again that Keynes was right, as we have said in several articles and in our last edited by Petroleumworld.
Business competitiveness, especially in Spain and also in Venezuela) requires our view have on the companies and managers in their governments and genuine entrepreneurs to generate wealth and jobs, who are worried about having to date on the latest techniques their workers (whatever their employment status in the same) and of course they are the first who are trained and updated on the latest management standards.
However, they are out of step with current realities, management techniques, production techniques that make the company a leading entity enabling him to be in their respective markets in front of them and get their workers are, indeed, a HUMAN CAPITAL immeasurable are properly updated in their jobs and this requires ongoing and periodic financial investment (i) but unfortunately this, in Spain and Venezuela, just verified. Their managers are the first to have to implement these features, let alone the politicians who govern these countries. TOTAL QUALITY is therefore essential to keep all levels and sectors, both public and private.
This will make it competitive in its market, because it will offer its clients goods or services of the highest quality and now giving them a truly advanced technology.
If we refer to Spain, this human capital has been increasing its level of professional training in recent years and the reality is that it has fully met with an educational system that completely disagrees with the truly necessary and therefore leaves much to be desired. There is more to do the divorce between university education and those who really need the companies with the attendant problems this creates when selecting people to fill jobs in the same, especially in senior management. Venezuela is no exception to this and is equal to Spain.
Therefore, this deduction can do is simple and immediate: The Spanish education system has to be modified and adapted to the real needs of business and do not discount it to senior managers and entrepreneurs. Here, then, other structural reform is necessary to carry out by the Spanish government and Venezuela. But there is a big deal about it because who ejected from these government jobs these people do not have these levels of training required?.
We sincerely believe that they are not going to drive themselves. Moreover, the periodic updating of these professionals is essential and is a cost that the company has and always will be profitable. This will get the desired triad (I + D + i), ie, RESEARCH, DEVELOPMENT, INVESTMENT, and certainly it is clear that teachers have to be at the forefront of this process because to him to pass others.
But again we find that Spain also put off to meet this fundamental triad because they are, curiously, the same managers and senior managers of many companies who do not want to know anything about these techniques.
The reality is that we want to or not to adopt them effectively is essential to getting the results we are showing and this other renovation or structural change that allows the company to remain even in difficult times (like today) continue to lead their market being so competitive because, as we say, allows to provide useful and satisfying even in advance (excellent quality) the needs of their customers and that they feel the satisfaction of support and resolutions that are looking for (and create customer loyalty to that company).
Therefore, the term competitiveness is constantly used by our politicians with a supine ignorance of what is actually the concept of business competitiveness and do not exclude that senior managers of companies and individual entrepreneurs also fall into these unfortunate mistakes by their lack of preparation in the management of the company stand out because the lead directly to bankruptcy.
Venezuela also is freed from these evils, and there we have the harmful effects of its economy. Investing is essential but it always turns out to be a very profitable investment for the business world.
There are economists and analysts and even ruling that by referring to the entire population as defined by LABOUR MARKET.
We strongly disagree with this name because input is derogatory and it is individuals rather than goods and services. Recall that in previous lines have said that this group or set of people are none other than the main asset of a company, build the human capital and this capital is immeasurable, therefore is to frame them in the name purely economic LABOUR MARKET, reminds us honestly, the days of slavery, which were not considered human beings, however, were only beings who had no citizenship and no rights whatsoever, were repeated slaves were not entitled to life. Thus neoliberalism and its components. Employers who are supporters of LABOUR MARKET, authentic speculators who profit by money and are capable of anything. So we see it and say so.
It is, therefore, in this labor market, the Law of Supply and Demand the stark rules governing the interests of those who call themselves entrepreneurs and do not even know the most basic standards governing a company.
Therefore, we declare ourselves completely anti neoliberal and is one more reason to show that the law of supply and demand alone is a complete failure and can not make an exception in this matter where they are, as we say, human beings the victims of those entrepreneurs who only see profit and making money and fortune without going into the means to employ it.
Since then we have to take into account that the energy sector in each nation is a strategic sector by itself except for (as an example) that continues to subject (thanks to the “smart policy”) of its current and the previous government the vagaries of the oil market, speculation and intolerable abuse of all those involved in this market. Therefore, today, we affirm categorically only nuclear energy is the best option to meet energy demand in each country (France has clearly opted to expand its network of nuclear power plants). Spain continues to cling to oil and it is outrageous that buy power that comes from these plants in France.
Therefore, imposing the competitiveness from the point of view set forth above, current professional and technical training of all people working in this sector and this, without doubt and with proper management, the minimization of production costs and in short, the unit prices passed on to the consumer.
This undoubtedly will create a welfare state on the population of each country concerned, a stabilization of the national economy and maximizing employment, leaving aside the persistence to abide by the rules of total quality to cope payments that require all those persons who have worked enough years and Social Security contributions are entitled to receive their pensions.
Therefore, all these reforms really are profound and necessary and we know that is not easy to impose irlas and transferring them to the public (welfare state) are inevitable to deal with them by the respective governments of each nation and our criterion mentioned attack them as soon as .
Finally, we say that is equivalent to deviate from these changes and practice shows it is towards economic instability, as is currently happening.
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Published under: Financial; Tagged as: current financial crisis, financial crisis, Speaking about financial
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