English economy is stubborn in living dangerously these days running. If the usual turmoil of Sovereign Debt, fall construction industry into a tailspin, mistake in changing the production model, ect ... They join other imponderables such as the Japanese disaster, the semi-forgotten turns of Maghreb (with its consequent increase in oil prices) and the raids of the Moody's credit agency after PIIGS economies we have a financial and economic system native with clear signs of heart disease.
So far this week has again shown that infallible axiom asserting that "money is a coward by nature" and securities trading floors around the world have been the first to show reactions fear before the earthquake Eastern and subsequent tsunami. The vast majority of equity industries have been affected by the withdrawal of money from investors but those who have suffered most are horrified that the power and technology. Worth mentioning that on electric flying over the Damocles sword of nuclear debate revived in Europe that threatens to prolong the eventual turbulence beyond what was initially expected.
in Spain has also agreed that the wrong time electrical values \u200b\u200b lowering solvency Moody's decided on Debt Portuguese ... a act which caused a corresponding lowering of the principal holders of the Sovereign Debt, the English banking ... Santander and BBVA unless the fall in price has been widespread.
At least we can cling to our power have not seen a drop as steep as the rest of the world as ours are very well positioned with respect to renewable energy, this value has become suddenly the favorite place of all parapet panicked investors are driven by stock trading floors throughout the West.
Of course, the price of gasoline is breaking records after records historic pace following the riots marking the Maghreb and its impact on the economy begin to justify the recent cuts and government.
And is that the economic and financial conditions have coronary our system started to show a pathy so severe unresponsive to bypass surgery performed by Brussels. We therefore expect further drastic measures in our country which will be implemented in Ireland and, especially, Portugal ... and no doubt work bleeding awaiting government and there are those who begin to hint at the dreaded "co" in our Health before the end of the year.
And all this while the political landscape is altered and in full swing ... scandals that dot our political caste jump into the fray day after day on the front pages of major newspapers and the people overwhelmingly distrust shown towards their leaders as never before known democracy. So that the latest Eurobarometer shows that 86% of the English estimated as "not effective" management of the Government during the crisis ... Although the political pulse deserves a separate article and not be discussed in a letter with clear financial and economic profile, is promised.
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