Some figures

Just complaining about the economic situation and the Gov is really easy. Ranting against the policy-makers seems as useful as writing this crappy blog.

Those who don’t deserve at all the economic consequences of all these actions are the ones who are suffering the most unfair social problems: the baker  who chained his life to a mortgage for a 10 square meter during 45 years paying 1000€ every month, that police officer that lost purchase power due to cuts on government staff (e.g a 2000€ wage two years ago, nowadays is around 1650€), the shareholder of a reputable bank who sees how his savings decrease overnight 80%, the immigrant  who cannot go to the doctor… and even so, the people who must pay attention on this in a future, these persons will be just figures.

  It is very extended talking about The Business Cycle. When one studies a crisis it is paid attention on empty figures as if those numbers were not people… “On The Great Depression there were people who committed suicide” and you are not thinking on your father killing himself because he can’t pay his loans. You are thinking on the business man on a suit, hat and briefcase jumping from the highest skyscraper in NY. But the population actually suffers a lot and these problems may not stay just as numbers.

Aside emotionalisms, personally (and I’m not exactly who feels ready to comment it) I think Government actions CAN convince us that the right (but not desirable) path has been taken. Let explain my grounds:

 There is only dark in Spain, but our current economic system (worldwide I mean) is made to work when the main actors (let capital markets, bankers, multinational companies, Bundesbank, Jewish Lobby or my aunt, who’s looking after child in the evenings at 6€/h) want it to work.

Spains is (let’s assume it) rescued, the country risky premium is decreasing, trade balance deficit is also improving at emerging country rates (lowering 45% in 2012)…

Do not say now the consumption is falling (2% last trimester), unemployment rate is near to 26%... WE WANT TO BE POSSITIVE!! Important macro data such as foreign direct investment (net 30.000.000€ in September) and the above commented, they sound kind of happy for us and let everyone realize that maybe that’s working,  in spite of the system is created to yield benefits to a few and, however hard may it be, the system could be starting to work.

(It’s too complicate to accept for someone who’s faced the government policies)

1. CONCEPTOS BÁSICOS

Lo primero para hablar de algo es saber de ello. Para hablar de economía, haremos que sabemos de economía para que podáis creer que sabéis economía y hablar de las cosas que ya habláis, con la diferencia de que ahora creeréis que sabéis algo más que la señora que tienes delante  tuya en la cola del paro. ¿¿¿CÓMO???

Antes de nada, la primera lección aburrida, en la que damos todas las definiciones y pautas básicas para poder seguir engañándonos de una manera más clara en el futuro.

¿Conocemos lo que es la economía? No vamos a dar las definiciones aburridas de “saber administrar recursos escasos para maximizar el bienestar”. Todos sabemos lo que hay a nuestro alrededor. Pongámosle nombre:

PIB: esto es todo. Es lo que conocemos como renta, producto… siempre nos solemos referir a ello para medir la riqueza. Si oís Valor Añadido Bruto o algo similar, soltad ese manual de macroeconomía, no es compatible con nosotros.

INFLACION (medida por el IPC), todos sabemos lo que es, si no lo sabes... pincha aquí. Si quieres perder el tiempo sabiendo cómo se calcula: cuélate en la biblioteca de la facultad más cercana y leete cualquier capítulo de estadística económica o macro básica. Si en un futuro seguimos casados, contaremos cositas interesantes sobre la inflación.

Acuérdate (si es la primera vez que lo digo, APRÉNDETELO): esto lo haces por entretenerte y aprender algo práctico. No vamos a entrar en cosas tontas. Lo que nos interesa realmente: vivir a gusto y entender por qué no podemos hacerlo.

TIPO DE INTERÉS: lo que se cobra de más a cambio de tener dinero de otra persona o entidad. Odiadlo, nos va a dar que hablar.

La clave del tipo de interés es que el dinero pierde valor con el tiempo. ¿Hace falta explicación? Pregúntale a tu abuelo y que te diga con cuantas pesetas se iba al cine, invitaba a tu abuela al cine (o a la abuela de tu vecino), se compraba una revista y le sobraba para un helado.

Con esa peseta que él se gastaba, ¿cuántos mocos te podrías comer tú hoy en día? El tipo de interés nos indica la tasa de depreciación del dinero.¿¿ COMOOOOO???

¿A cuanto dinero equivaldría la peseta de tu abuelo hoy?  Probablemente a unos  20 € en ir al cine dos personas, una revista, unos helados... (3333 pesetas)¡¡¡El dinero se ha depreciado un 99,96%!!! A tu abuelo le deberían dar un interés del 99,96% en su banco para que, si no dispusiera de su dinero hasta hoy, no perdiera poder adquisitivo.

TASA DE DESEMPLEO: this is Spain, ¿necesitas una explicación de cómo se calcula? ¿Qué es o por qué? Crees que no, pero agrada saber que las cosas que salen en las noticias no son tan malas como las pintan… aparentemente. Un dia hablaremos de empleo también (si tienes uno para mí: se trabajar en equipo, soy proactivo, actitud y aptitud inmejorable, disponibilidad absoluta, coche propio, no me importa trabajar de comercial…)

1. BASIC CONCEPTS

The first we have to do to deal an issue, is knowing about it. In order to talk about economics, we'll say you that we know about economics, why? We want to make you to think that you know economics because we want you to think that you know more economics than the granny that is just in front of you, here like me, on the job office line.

First of all, the first boring lesson in which you are given all the macro basic indicators to keep deceiving you in the future.

Do we know what is the Economy? We're not releasing boring deffinitions like "administration of scarce resources to maximize the welfare of the societ... BLA BLA BLA". Everyone knows what is surrounding us, just call the things somehow:


GDP(PIB for spanish speakers): only as an introduction (we will develope this concept widely in our video serial), GDP is everything, AKA as wealth, output, product, we use to refer it as wealth measurement (in our simple economic model). If you read something else like Gross Added Value... please leave this "Economics for Dummies"

INFLATION RATE (measured by the consumer price index): please if you are saying that don't know what is this about... click here. If you feel really interested in this concept, slither into your nearest library and grab a Basic Statistics handbook. If we continue married, we'll make clear a lot of interesting stuffs about CPI.

Remember it (is the first time I say it? So, LEARN IT): you are doing it for fun and just in your leissure, you want to learn some useful things and I/we am/are not going to complain about stupid stuffs like names or specificities. We are all actually interested in a life full of happines, smileys, drugs and money. Hence, if you don't feel like doing it: GO AWAY

INTEREST RATE: the key developing interest rate is that the money loose value over the time. Explanation? Ask to your grandpa how many euros (pounds/dollar/renmimbies) did he spend inviting your grandma (or your neighbor's grandma, who knows) to the cinema, buying some ices, a magazine... Let's say 10 cent of euro (0.1€)
How much money would be those 10 cents right now? Think... Probably 20€, it means his money has depreciated around 99%. In your grandpa's bank should give him an interest rate of 99,5% in order to maintain his purchase power. We will make it easier, don't worry, remember this is just an introduction.

UNEMPLOYMENT RATE: this is Spain... should I tell you what the unemployement rate is? In a not-far-away future we will deal about why employment (Sir, if you have a work for me, I'm a high skilled team worker, flexible, proactivity attitude, absolutely availability, car-owner, no matter facing the audience... I'll attach you my CV!!!!)

Empezamos

Hola!

Sin tonterías, este blog está ideado para intentar acercar al mundo los misteriosos entuertos de la economía. En cómo se ha convertido el análisis de las realidades económicas en especulación y formas de hacer dinero.

La idea básica que se quiere dar a conocer en este blog son los términos usuales utilizados por economistas, analistas financieros, periodistas económicos, presentadores de telediario que solo están leyendo un texto, tiburones de los negocios, ricos banqueros sin escrúpulos, sindicalistas, estudiantes de ciencias sociales... Para, de esta manera, poder saber de qué se está hablando día a día.

Lo que va a hacer de este blog algo que merezca la pena, es la publicación de algunos videos sobre el contenido desarrollado, en lo que los editamos, ¡sufrid el texto!

Me gustaría comentar también, que las publicaciones van a estar en inglés, ya que se pretende la máxima difusión de un conocimiento básico a nivel internacional. Así que, ya sabéis, compartid esto ;)

Hi!

Directly to the content, this blogsite is thought to get all of you closer to the economics misteries. It deals about how the economic science has became in speculation and differents unfair ways to make money.

The basic ground we want to release are the basic ideas used by economists, financial analysts, economic press, news presenter, broker, rich unscrupulous bankers, union members, social sciencs students... In order to, thus, knowing what the fuck is the people talking about.

What we are going to "innovate" in is the releasing of some videos dealing about the basic economic explanations. We are editing them, meanwhile...Suffer our boring texts!

This is repetitive, but... We'd like to make clear that all our publications will be available in english as well because our intention is to reach everyone at a global level. So, you know people, please SHARE IT ;)