Tirado daqui
Portugal’s borrowing costs leapt to fresh euro-era highs on Wednesday amid growing worries that Lisbon could eventually default on its debt commitments. One banker said: “Greece will default. The market is convinced of that. But now Portugal is increasingly being considered as likely to follow. There is not enough time for the country to bring its economy round and bring government bond yields back to sustainable levels.”
2 comentários:
Um leitor do Financial Times (citado neste post) deixou o seguinte comentário: "They [leia-se os portugueses] are even lazier than the greeks, these people. They even do not riot. LOL", o que quer dizer que os portugueses são ainda mais preguiçosos do que os gregos porque nem sequer protestam...
This post just reiterates my comments to the post below; namely: false perceptions, erroneous conclusions, self-validating panic and vicious cycles.
Paul Krugman, em The Return of Depression Economics (pg 94): “In Malasya, in Indonesia, in Korea, as in Thailand, the market’s loss of confidence started a vicious circle of Financial and Economic collapse. It did not matter that these economies were only modestly linked in terms of physical flows of goods. They were linked in the minds of investors (…) and when an economy is vulnerable to self-validating panic, believing makes it so.” Nao se passara o mesmo com as economias do sul da Europa?
Quanto a esse comentario do leitor do Financial Times, pode ter sido “tongue-in-cheek”, i.e., humor anglo-saxonico. Se for esse o caso, ate’ pode ter sido “a backward compliment” ao trabalhador portugues. Por vezes, so quem esta’,ha decadas, 100% integrado numa sociedade destas os entende. We get a whole new perspective on things fairly quickly…
(e ja agora, “to riot” nao e’ bem a mesma coisa que “protestar”. Os portugueses ate’ protestam, they just don’t riot nearly as much as the Greeks. E e’ possivel protestar without rioting).
Espero que essa conversa longuissima ja tenha estado mais longe…
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