Risk premium, something more
Not everyone to squander one's money these days of debauchery. There is a growing tendency by economists and politicians to scold and blame current people for all the evils existing, and thus justify a number of unfair measures against the population. We talk about how they mistreat the citizens standing with the excuse that the "blame" is of their, and while no one touches the rich and their servants, politicians and economists. This necessary collaborators both in action as omission, neither warned nor acted when it was time, the few things they did just helped ruin the situation more and continue they are doing.
Now we find that the punishment falls both as right as guilty. Even more dramatic is the injustice of all, those who have saved and have not followed the mainstream and the general festival, now are suffering like the others. It's like the fable of the ant after working all summer, in winter it was expropriated the nest and left in the street next to the cicada, both would be equally screwed but the cicada "que me quiten lo bailao*". All very sad.
But saving is not easy when the money saved lose their value every day. A classic place for savings is the public debt, and with little interest was paid not so long ago the solution was the long-term debt. But most of the savings went to investment funds (all very confident based on who sold, some people have changed of village to not be lynched). A significant portion of these funds were diet in fight only began the crisis when they crash all the bubbles, the guaranteed and the semiguaranteed have endured but its basis was the sovereign debt. So the savings that weren't disappeared are in debt directly or indirectly. We could say that now is a good time for debt, but no. In particular not easily access the secondary market is where the over interest so the particular buy this of interest to issue. that if they buy because all input suggest that this money will be lost.
And the money already invested? Here is a variant of the risk premium. Obviously those who last until maturity probably will receive principal and interest as right. But everyone comes to term? Think about that some population has real trouble reaching the end of the month and they try to recover the money saved, the save is when things get twisted. On the other hand others may wait but at this stage of the game, with all the bad messages and general environment, they see that perhaps they lose all. So people put their debt on sale and there await the vultures. Just because interest of new debt raises the value retail business already bought the low and many funds are lowering their risk by selling part of the debt that had flooded the market. So savers lose with these operations a large part of the money saved, either for little money recovered or because their funds are losing value.
This is the second business and most lucrative that to buy new issues which have less risk because much of the deadline has passed. In fact I think that they are asphyxiating more states only to collect the divestment the result of fear. If the entire debt had been bought directly by individuals would not be as lucrative because they wait for the expiry except the most desperate, nobody likes to lose money especially when you can remain short time to expiry; but most of the debt has bought by the investment funds, and theirs managers follow the guidelines provided by the case because they don't want responsibility, separately companies that manage these funds also have a good customer with the speculators, and I don't suggest nothing.
Finally first they steal those who were fooled, and then the others. While all the regulatory bodies, governments and "technical" looking the other way, encouraging waste and helping speculators. This is ironically called free market, where the only free are the successors of Crassus, but we must not forget that he died drinking melted gold. If they did specifically they had not gone so well, but then not be surprised when we begin to see rich men, politicians and economists hanging from public lamps, them they will attribute it to a Judeo-Masonic conspiracy.
Now we find that the punishment falls both as right as guilty. Even more dramatic is the injustice of all, those who have saved and have not followed the mainstream and the general festival, now are suffering like the others. It's like the fable of the ant after working all summer, in winter it was expropriated the nest and left in the street next to the cicada, both would be equally screwed but the cicada "que me quiten lo bailao*". All very sad.
But saving is not easy when the money saved lose their value every day. A classic place for savings is the public debt, and with little interest was paid not so long ago the solution was the long-term debt. But most of the savings went to investment funds (all very confident based on who sold, some people have changed of village to not be lynched). A significant portion of these funds were diet in fight only began the crisis when they crash all the bubbles, the guaranteed and the semiguaranteed have endured but its basis was the sovereign debt. So the savings that weren't disappeared are in debt directly or indirectly. We could say that now is a good time for debt, but no. In particular not easily access the secondary market is where the over interest so the particular buy this of interest to issue. that if they buy because all input suggest that this money will be lost.
And the money already invested? Here is a variant of the risk premium. Obviously those who last until maturity probably will receive principal and interest as right. But everyone comes to term? Think about that some population has real trouble reaching the end of the month and they try to recover the money saved, the save is when things get twisted. On the other hand others may wait but at this stage of the game, with all the bad messages and general environment, they see that perhaps they lose all. So people put their debt on sale and there await the vultures. Just because interest of new debt raises the value retail business already bought the low and many funds are lowering their risk by selling part of the debt that had flooded the market. So savers lose with these operations a large part of the money saved, either for little money recovered or because their funds are losing value.
This is the second business and most lucrative that to buy new issues which have less risk because much of the deadline has passed. In fact I think that they are asphyxiating more states only to collect the divestment the result of fear. If the entire debt had been bought directly by individuals would not be as lucrative because they wait for the expiry except the most desperate, nobody likes to lose money especially when you can remain short time to expiry; but most of the debt has bought by the investment funds, and theirs managers follow the guidelines provided by the case because they don't want responsibility, separately companies that manage these funds also have a good customer with the speculators, and I don't suggest nothing.
Finally first they steal those who were fooled, and then the others. While all the regulatory bodies, governments and "technical" looking the other way, encouraging waste and helping speculators. This is ironically called free market, where the only free are the successors of Crassus, but we must not forget that he died drinking melted gold. If they did specifically they had not gone so well, but then not be surprised when we begin to see rich men, politicians and economists hanging from public lamps, them they will attribute it to a Judeo-Masonic conspiracy.
*“I removed what they've danced”, with a Spanish expression which means that I have enjoyed not be removed.
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