PPCC: Pisitófilos Creditófagos. Verano 2023

[Benzino Napaloni]

Me da que ahora mismo estamos en la fase de ir contando cuántos paracaídas hay en el avión, y de mirarnos a ver quién se tiene que quedar a bordo para el "hard landing".

Si las cosas salen mal, los viejos y amortizados, y los que no puedan trabajar están vendidos. Obviamente no cuento a los niños por ser el futuro y por haber el problema demográfico.

Si se consigue hacer las cosas más o menos bien, la rebaja del tren de vida será igualmente inevitable pero soportable.

En cualquier caso el cambio de paradigma va a ser tremendo. Vamos a pasar del usar y tirar al "cuida lo que tienes que no hay más".

[asustadísimos]

[La directora del FMI es la Sra. Gueorguieva.
Aquí tienen el organigrama del FMI:
https://www.imf.org/es/About/Organization-Chart
La Sra. Calviño es la presidenta de su órgano más importante, el Comité Monetario y Financiero Internacional.
Ustedes mismos.
Mientras tanto, pañuelo cuatro nudos y mondadientes:
—«Sánchez, Sáanchez, Sáaanchez».
Porque el odio es una forma de erotismo.]

[Derby]

https://www.bloomberg.com/news/articles/2023-07-16/dollar-s-busted-bull-run-has-doomsayers-calling-end-of-an-era#xj4y7vzkg

Dollar’s Busted Bull Run Has Bears Calling End of an Era

*Standard Bank expects ‘multi-year downtrend’ is coming
*Goldman, Invesco are skeptical that weakness will deepen

It just may have been the week that broke the dollar.

The greenback’s worst slump since November has a bevy of strategists and investors saying a turning point is finally at hand for the world’s primary reserve currency. If they’re right, there will be far-reaching consequences for global economies and financial markets.

The US currency is teetering at the lowest level in more than a year after signs of cooling inflation bolstered bets that the Federal Reserve will soon stop hiking interest rates. Dollar bears are looking even further ahead, to what they say are inevitable rate cuts, something the market consensus sees happening at some point in 2024.

“Our call for the dollar to enter a multi-year downtrend is partly based on the fact that the Fed’s tightening cycle will morph into an easing cycle, and this will pull the dollar down even as other central banks cut as well,” Steven Barrow, head of G-10 strategy at Standard Bank, said in a note on Friday. (...)

[Asdrúbal el Bello]

Hoy ha habido un evento de calidad.

https://www.abc.es/internacional/israel-reconoce-soberania-marroqui-sobre-sahara-occidental-20230717185506-nt.html#vca=rrss&vmc=abc-es&vso=tw&vli=cm-general&_tcode=bXY5ZXEx

Se viene 1898 Reloaded.

https://youtu.be/UQFVVYwaVqE

[sudden and sharp]

 

[sudden and sharp]

 

[sudden and sharp]

https://www.sec.gov/about/reports-publications/investor-publications/holding-your-securities-get-the-facts

 

[Cadavre Exquis]

https://www.pressreader.com/spain/el-economista/20230718/page/3/textview

Preocupante frenazo de la economía china

https://www.eleconomista.es/economia/noticias/12371749/07/23/la-recuperacion-de-china-va-de-mal-en-peor-el-pib-se-expandio-un-08-en-el-segundo-trimestre.html

Saludos.

[Cadavre Exquis]

https://www.eleconomista.es/banca-finanzas/noticias/12373140/07/23/deutsche-bank-pone-a-la-venta-1600-millones-en-creditos-morosos-sin-garantias.html

Saludos.

[Cadavre Exquis]

https://www.eleconomista.es/vivienda-inmobiliario/noticias/12371990/07/23/aedas-homes-vende-cerca-de-600-viviendas-a-clientes-extranjeros-por-valor-de-265-millones-.html

Saludos.

[Cadavre Exquis]

https://www.eleconomista.es/economia/noticias/12372646/07/23/los-afiliados-extranjeros-crecen-cinco-veces-mas-que-los-espanoles-pero-ganan-un-22-menos-.html

Saludos.

[Cadavre Exquis]

https://www.eleconomista.es/economia/noticias/12369778/07/23/los-alimentos-se-han-encarecido-un-30-durante-la-actual-legislatura.html

Saludos.

[Cadavre Exquis]

https://www.eleconomista.es/vivienda-inmobiliario/noticias/12371803/07/23/el-precio-de-la-vivienda-sube-un-46-en-junio-con-las-areas-metropolitanas-a-la-cabeza-.html

Saludos.

[Derby]

https://www.ft.com/content/423f37e0-f3a9-448b-87fe-6e60b3384505

EU seeks to seal Mercosur trade pact as summit highlights rift over Ukraine war

Brussels aims to boost Latin America ties but struggles to resolve environmental spat with Brazil and Argentina

The EU and the Mercosur bloc hope to finalise a long-delayed trade deal this year, leaders on both sides said, although divisions over the Ukraine war marred the first summit between European and Latin American leaders in eight years.

President Luiz Inácio Lula da Silva of Brazil, the biggest of the four Mercosur members, on Monday called for a “balanced deal” — a reference to Brazil and Argentina’s refusal to accept additional environmental demands and their desire to protect domestic industry.

European Commission President Ursula von der Leyen, who has set a year-end deadline to finalise the agreement, said it was “within reach” as she met Lula ahead of an EU summit with Latin America and the Caribbean (Celac) leaders aimed at rebuilding Europe’s standing in the region.

“Our ambition is to settle any remaining differences as soon as possible,” she said. Diplomats say there is a narrow window to try to finalise the deal this year, when Spain holds the rotating presidency of the EU Council and before a new Argentine government takes office in December.

Diplomats on Monday struggled to find common language on Russia’s war on Ukraine for a joint communiqué, highlighting the gap between the two sides.

Asked if the final text, due to be published on Tuesday, would contain a reference to Russia’s invasion of Ukraine, Spanish foreign minister José Manuel Albares said: “It’s what Spain wants but we’re going to see.”

“The majority [of countries] adopt the language of the UN criticising the invasion but we know that some adopt a different position,” he told the Financial Times.

Albares said the two-day summit was a chance to “launch a dynamic” that would help finalise trade deals with Chile, Mexico and the Mercosur quartet.

The Mercosur deal stalled after the EU demanded additional guarantees on deforestation and labour rights in an agreement concluded in 2019 after 20 years of negotiations. Mercosur, which consists of Brazil, Argentina, Uruguay and Paraguay, is formulating a counterproposal that will be presented to the EU within weeks, a senior Brazilian diplomat said last week.

Lula has frequently attacked the EU demands, calling them a “threat” to the Mercosur countries. “We want an agreement that preserves the capacity of the parties and that responds to present and future challenges,” he said on Monday.

Mercosur leaders view the EU conditions as unacceptable, arguing they have already signed up to international agreements to protect the rainforest and labour standards.

Those countries pushing most strongly for additional safeguards — France, Ireland and the Netherlands — have large dairy and beef industries that would face lower-cost competition from South America if the deal was ratified.

Speaking on the summit’s side lines, Mark Rutte, the outgoing Dutch prime minister, said he was “cautiously optimistic” of a deal this year. “I think in Brazil they were somewhat irritated by the text Europe put forward, he said “[But] the sustainability clauses are important for a country like mine.”

Jordi Cañas, a Spanish MEP who chairs the European parliament’s Mercosur delegation, told the FT that Lula’s government should be trusted to protect the Amazon. “He is right. The additional instrument is just a justification to block the agreement for other reasons.

“If you want to stop deforestation, sign the accord. You have more influence to combat deforestation.”

But Albares said the summit would not take decisions. “It’s more about creating a political environment that we want to advance. And that is something we are going to achieve.”

Reviving relations will be pivotal if the EU is to counter China, which has grown in the past decade to become South America’s largest trading partner, and secure better access to the region’s abundant raw materials for green technology.

Calling the event a “starting point for a new relationship between EU and Latin America”, Josep Borrell, the EU’s foreign affairs chief, said: “The Europeans did not pay enough attention to Latin America. We have to take into account a new geopolitical scenario with the rise of China.”

[AbiertoPorDemolicion]

Hoy ha habido un evento de calidad.

https://www.abc.es/internacional/israel-reconoce-soberania-marroqui-sobre-sahara-occidental-20230717185506-nt.html#vca=rrss&vmc=abc-es&vso=tw&vli=cm-general&_tcode=bXY5ZXEx

Se viene 1898 Reloaded.

https://youtu.be/UQFVVYwaVqE

No te preocupes por los marroquíes, que en marruecos no se mueve ni una hoja sin el permiso de los americanos.