Everything went wrong, practical advice to prevent it from ending worse

Without effort, without ingenuity and without effort. As if the real duty we are paying was a divine punishment and not a consequence of doing the opposite of what needed to be done to deal with the Chinese influence.

Without the slightest hunch that the worst is yet to come.

With the end of the truce between European states, aid will also cease (if, which and when it will arrive, there are no certainties), while the lightning rod on BTPs offered by the ECB could also gradually cease.

It's time to take stock. It is time to take stock of what is forthcoming.

The notices have all been sent this time.

The first comes directly from the ECB through the note on the desk that the new rules for bank stability are about to come into force:

Even according to the governor of BankItalia, Ignazio Visco, things are bad. He warned about the upcoming bank failures in both Italy and Europe:

Investments in productive activities deserve a separate chapter.
Personally I think that with the defeat of Trump – since it is equivalent to the victory of financial capital and Big tech, which financed Biden's election campaign – the financial and commercial axis has definitively shifted towards China, putting in the hands of Beijing. the command stick of the world economy for the next few years.

Not only that, but the fuse lit under the American powder keg is getting shorter by the day. The US has been in decline for at least 50 years. Not since January 6th. Kerouac told us in On the road that the free ride was ending.
But do you really believe that idiots rule only in Italy?

After exporting their production and jobs to China, they now find themselves printing paper as the only lever to keep the economy and consumption alive. Paper used to consume imported products until the bubble explodes.
And this will also affect Italy, which in order not to miss anything, presses on the accelerator pedal doing the same thing.

Come on, let's close everything because China is producing what we need!

This will result in a natural asphyxiation of the Italian market, of course, but also of the European one.
Vice versa we will see the opening of the eastern one, not only in China, which today, just happened, is the only one recovering (+ 2%).
Those who have broad enough shoulders, able to protect their brand and their patents (wishes) will not have many choices.

But what interests us today is finally acknowledging that Italy is really close to making a bang. What will Italian entrepreneurs be able to do? We'll see.

For all the others: save those who can. For many of them, everything will be really bad. For ten years now, reality has been knocking on our door every day to tell us to take stock of the situation.

From bad to worse: the economic policy of suicide

Let's try to change the perspective from which we look at things. We are experiencing, bad luck wants, one of the most important changes in our history.

It was inevitable that sooner or later we would end up against each other. The world is changing and it is not in the hands of ordinary citizens to govern the change, but of the elites.

Mario Monti is right. With the end of the pandemic, Europe will pull the purse strings again and make us do austerity again.

• What were the refreshments to companies (those who saw them) good for if they were made to remain closed?
• What are the refreshments for if in the last year we have been able to shop only online, often of goods produced in the only market left open: China?

The banks that have connected the loans to the same companies that have not been able to work, will go bankrupt because they will not be able to return the loans entrusted.

Not only that, but all the rain subsidies that do not encourage production and the internal market are done by creating new public debt.
How will we pay it back in the absence of taxpayers that caused the 10% drop in GDP?

Sorry to have to point this out, but Easy Explained Economy was the first to say that we had entered the war and that it would end badly.

The European treaties and the statute of the ECB still give us sufficient autonomy to introduce instruments to support the economy. We list some of them:CCF , Minibot , statonote , internal circulation currency, state currency based on blochain …
These are forms of issuing tax credits and currency parallel to the euro which, if introduced while debating whether to leave or remain in the euro, would allow us to save the economic and social fabric of the country without getting lost in debates and debates for the next few years. disputes in the square.

Too bad, however, that if you keep everything closed they turn into waste paper, like any other coin spent in the same conditions.

A country that wants to call itself advanced cannot ignore the ability to keep itself informed on the issues that concern it most closely.
Italy has once again shown that it prefers to stand on the balcony with a candle in hand to sing tearful songs, as a reaction to adverse causes and as an extreme gesture of self-defense.

Only this time, as in recent decades, our politicians – assuming they still have the faculties and the ability to protect us and this is not the case – are a jumble of runaways who have not even been able to find a job for themselves – made the due exceptions.

This says a lot about the chances of saving those who have spent the years between roundabouts, slogans on honesty and kasta and in the square between BLM and sardines, without a parachute in the backpack.

But sooner or later everything ends and everything is renewed. Speeding up events is actually saving us a lot of time.

The article Everything went wrong, practical advice to prevent it from ending worse comes from ScenariEconomici.it .

This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/e-andato-tutto-male/ on Wed, 20 Jan 2021 06:52:59 +0000.