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"A verba destinada às regiões mais pobres de Portugal, mas que está a ser desviada para Lisboa ao abrigo das excepções às regras dos fundos comunitários continua a subir."
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É inútil, é comprar tempo emprestado com juros faustianos... ou direi maquiavélicos?
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Como os subsídios e apoios são, quase sempre perniciosos, a sua retirada das zonas mais pobres vai contribuir para a progressiva desertificação e lisbonificação do país e, aumentar a quantidade de gente que vive de um modelo insustentável.
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Mais tarde ou mais cedo, vão bater à porta de Fausto e pedir que as dívidas sejam saldadas.
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BTW, convém ler isto "Interpreting the Stress Tests" e isto "Interactive: Sovereign debt levels by country ". Já agora, é por isto que Edward Hugh é um must read "Well, for those who are interested, here is that wonderful moment on Canada's BNN (Business News Network) when I was able to use the word "alarming" to describe Germany's recent Q2 GDP growth performance. I say alarming becuase I mean it, since an annual rate of growth of nearly 9% is, as the FT recognise in their edit......orial, almost unheard of in developed world economics, so ask yourselves "what is going on here".
I say wonderful, since it was on a day when almost every unthinking analyst across the globe was churning out one of those "wow, what a beautiful number" reports. They seem to have forgotten on simple reality - if you are export dependent you depend on your customers, so you need to look at what the customers are doing, and not at what the producers are doing.
And incidentally what ARE the producers (in this case Germany), building stocks is my guess, building stocks in the hope that recent high levels of export demand will be sustained into the second half. That is a very big if, as far as I am concerned. "
I say wonderful, since it was on a day when almost every unthinking analyst across the globe was churning out one of those "wow, what a beautiful number" reports. They seem to have forgotten on simple reality - if you are export dependent you depend on your customers, so you need to look at what the customers are doing, and not at what the producers are doing.
And incidentally what ARE the producers (in this case Germany), building stocks is my guess, building stocks in the hope that recent high levels of export demand will be sustained into the second half. That is a very big if, as far as I am concerned. "
