#13306
Re: Dudas compra Letras del tesoro - Letras del Tesoro
El martes 26 de noviembre. Pincha abajo
Mira la cuarta columna.
Saludos.
Saludos.
¿Y cual es el interés neutral, el 2-2,25%? jajajaja.
Nos engañan como a europeos tontos que somos.
....
Pues a mi me envían cartas los bancos para darme créditos al 11,95%.
La deuda publica debiera estar al doble de la inflación.
Euribor hoy: 2.63% (+0.011) <<<< OJO
The second challenge is to come to grips with high budget deficits and rapidly rising debt. It was once unthinkable that the US would have almost three years with an unemployment rate around or well below 4 per cent and yet run budget deficits of 6-8 per cent of GDP. To paraphrase John F Kennedy, this is the time of “sunshine” when governments should be “fixing the roof” and not creating additional holes. Yet, whether it is the current deficit at over 6 per cent of GDP or government debt at 120 per cent of GDP, both are on an ultimately unsustainable path.
Times look good but this growth is lopsided, brittle and heavily dependent on spending and borrowing by the government, which is typically the lender of last resort.
Although the world marvels at “unsinkable” US consumers, a growing number are priced out of homes and falling behind on credit-card debt.
The bottom 40 per cent by income now account for 20 per cent of all spending while the richest 20 per cent account for 40 per cent.
Most Americans now spend so much on essentials such as food that they have little left for extras like travel or eating out.
Confidence collapsed during the pandemic and has since recovered much more strongly for the richest third of consumers than for the middle or bottom thirds.
To a widening wealth gap between the young and old, add this new source of division and anger within the younger generation.
..... the 10 largest companies account for 36 per cent of stock market cap — a peak since the data began in 1980 ...
The share of small businesses expressing uncertainty about the economy and their own future is unusually high,
Public debt is exploding, up $17tn in the last decade, matching in 10 years the increase in the previous 240 years — almost back to US independence.
... the government deficit is the mirror image of private savings, which include corporate profits.
Historically, US corporate profits have risen with the deficit, a link established as early as 1908 in the “Kalecki-Levy equation”. It has held ever since, powerfully so of late, with rising deficits turbocharging the surge in corporate profits.
Thanks to heavy demand for the world’s preferred currency, the US seems less vulnerable, but no country in history has been immune forever.