PPCC: Pisitófilos Creditófagos. Primavera 2024

[Raf909]

SUBID LOS PUTOS TIPOS HASTA QUE REVIENTE.
YA.

Son los Estados los que deben gestionar el reventón de los "activos".
Los BBCC sólo gestionan la "inflación" real.

Los BBCC lo están diciendo por activa y por pasiva:

los Estados deben reventar lo que permite la inflación (fiscal) de los "activos" : planificando la unión fiscal, las fusiones continentales (bancos, telecos), las reformas de las leyes del suelo edificable.

Eso no se hace con tipos. Se hace planificando la fiscalidad, Restableciendo la primacía del impuesto público sobre el impuesto privado. Porque el Pisito es la privatización del impuesto.

Pero requiere voluntad politica, Que por ahora, es foránea. Fijaos cómo Zelensky se lleva 1000 ml a costa de los impuestos de los Españoles. Lo consigue porque España obedece. Incluso va el Rey a recibirlo, y P.Sanchez firma el cheque.

Vayan a votar. Tras votar, hagamos una sentada en Estraburgo.
Pero dentro del Parlamento, no a las puertas. y por nuestros representantes.
Asegurémonos de que sea divertido, sin llorar a los BBCC.

Anda que no pueden. Si mañana Lagarde sube medio punto y da un comunicado de prensa diciendo que o los estados le ponen freno a esta locura o en la siguiente reunión sube otro medio, ya veríamos qué rápido se acababa la tontería.

¿Competís conmigo politicuchos y banqueros de medio pelo? Os voy a enseñar quién tiene la sartén por el mango.

Y se les avisa que como vuelvan a las andadas el BCE se pensará muy mucho financiar a los bancos de los estados que no cumplan.

Ahora resulta que el BCE no tiene poder ninguno y que no puede doblegar a cuatro ladrilleros y sus políticos en nómina.

Poder claro que pueden, sobretodo porque al subir los tipos, indirectamente también subirá la prima de riesgo de muchos estados.

Lo que pasa es que no interesa. A Lagarde la han puesto ahí los mismos que no quieren que se tire abajo todo el chiringuito. Yo tengo la teoría de que en Occidente se empezó a meter cash en lo inmobiliario cuando emepezó la deslocalización Industrial hacia Asia. Si no hay econocmía productiva, de donde se van a recoger dividendos?

Toda la economía viró hacia los "servicios" y el Real State. Pues nada, ahora que nos den de comer los servicios y el Real State. Ya se vió durante el Covid o ahora durante la guerra de Ucrania. Que produce Europa? Nada... pues a ver quién es el que le dice al Rey que está desnudo...

Una pista: lagarde no va a ser, no quiere ser la mala de la película. Todos actuan como que hacen algo, y no se hace nada. En ningún país, en ningún nivel. Y así estamos.

[Derby]

A ver si consigo ponerme al día...
Empiezo por un artículo que firman Macron y Scholz de plena campaña electoral europea.

https://www.ft.com/content/853f0ba0-c6f8-4dd4-a599-6fc5a142e879

Macron and Scholz: we must strengthen European sovereignty

The EU needs more single market, innovation and investment to secure a common future


President Emmanuel Macron, left, at a recent press conference with Chancellor Olaf Scholz. France and Germany are proposing a renewed impetus for competitiveness for the EU’s next term © Halil Sagirkaya/Anadolu/Getty Images

In a few weeks, we Europeans will start setting out our agenda for the next term in the EU. Looking back at the challenges over the last five years — be it the pandemic, the ongoing Russian war of aggression against Ukraine or increasing geopolitical shifts — it is clear: Europe is experiencing its Zeitenwende*. We can’t take for granted the foundations on which we have built our European way of living and our role in the world. Our Europe is mortal, and we must rise to the challenge.

Strengthening our global competitiveness and enhancing our resilience while making the Green Deal and the digital transition a success is at the heart of responding to these challenges. To this end, France and Germany are proposing today a renewed impetus for competitiveness for the EU’s next term.
 
Europe must thrive as a strong world-class industrial and technological leader, while implementing our ambition to make the EU the first climate neutral continent. We can harness the potential of the green and digital transitions for developing the markets, industries and good jobs of the future.

To live up to these common ambitions, Germany and France are convinced that the EU needs more innovation, more single market, more investment, more level playing field and less bureaucracy.

Together, we will advocate to strengthen the EU’s sovereignty and reduce our critical dependencies, while building on the successful implementation of the agenda developed since the Versailles summit in March 2022. With an ambitious industrial policy, we can enable the development and rollout of key technologies of tomorrow, such as AI, quantum technologies, space, 5G/6G, biotechnologies, net zero technologies, mobility and chemicals. We have to make full use of and significantly accelerate existing EU instruments, from important projects of common European interest to the role of public procurement, considering a more strategic approach in relevant sectors, and to modernise our competition rules in view of global competitiveness.

We call for strengthening the EU’s technological capabilities by promoting cutting-edge research and innovation and necessary infrastructures, including those regarding artificial intelligence and health.

One of Europe’s greatest competitive strengths is the single market, allowing businesses to develop innovative products and services, to grow and to compete, while ensuring high standards. We need to reap its full benefits with a modernised single market, reducing fragmentation and barriers, fostering connectivity, enhancing skills, promoting mobility and convergence.

We call for an ambitious bureaucracy reduction agenda to deliver on simpler and faster administrative procedures and cutting bureaucratic burdens for businesses of all sizes. We welcome the European Commission’s initiative to reduce reporting obligations for our companies by 25 per cent. This promise has to be implemented with specific legislation. The principles of subsidiarity and proportionality need a fresh start, too.

We will jointly support an ambitious, robust, open and sustainable European trade policy that allows fair trade agreements and promotes EU interests, creates reciprocal market access opportunities and a clear level playing field with our trade partners. The EU should remain an advocate for the rules-based multilateral trading system and act for fair competition.

We will fully decarbonise our energy systems. And we will achieve this in a fully integrated and interconnected market while respecting national choices on the respective energy mix. This is the European way — and it will increase resilience, security of supply and pave the way for more sovereignty.

Finally, our collective investment efforts, both private and public, must match our ambitions. We need to unlock the full potential of our capital markets. Too many companies looking to fund their growth turn to the other side of the Atlantic. Too many European savings are being invested abroad rather than in Europe’s most promising start-ups and scale-ups. To mobilise the needed investments we have to get serious about a truly integrated European financial market with the banking and the capital markets union at its core, addressing fragmentation and ensuring global competitiveness of the European financial sector.

In doing so, we will have to relaunch the European securitisation market, improve the convergence and efficiency of the supervision of capital markets across the EU, harmonise relevant aspects of corporate insolvency frameworks and tax law, simplify the regulatory framework and develop a simple and effective cross-border investment and savings product for all. Private and public investments need to go hand in hand. We should make the EU budget fit for the future and further prioritise investments in transformational expenditure and European public goods while working on introducing new “own resources” as agreed in 2020.

Together, we call to put this agenda at the core of the coming term. The EU is our common future.

*Zeitenwende= turning point

[sudden and sharp]

NO SE OS PUEDE DEJAR SÓLOS... Je, je.   



Me ausento un rato... por (ciertas) necesidades, y sacáis to la chicha... de golpe.

[...] O ES QUE NOS DA MIEDO A ESTAS ALTURAS PROVOCAR UNA RECESUON COMO HACE TIEMPONQUE NOS HACE FALTA?
PERO UNA DE VERDAD,  NO LA LA MIERDA DE 2008-14.

Aquí no la pillas RGCIM... Los que quieren crisis son los malos. Piensa mal, o al berrés... Los pescadores a rio revuelto quieren crisis. (Pues que se jodan: trabajo y sólo trabajo paga deudas, Y de esas "saben" un rato esos pescaores de que te hablo.)




[ Pista: to vabien. Emos ganao. Hellos an sio los engañados.  ]

[...] SUBID LOS PUTOS TIPOS HASTA QUE REVIENTE.
YA.

Síiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii. 

[Derby]

https://www.bloomberg.com/news/articles/2024-05-28/europe-s-biggest-pension-fund-sells-10-billion-in-fossil-fuels

Europe’s Biggest Pension Fund Sells €10 Billion in Fossil Fuels

ABP has sold equity, bonds, oil futures linked to fossil fuels
Plans to phase out remaining €4.8 billion in illiquid assets

Europe’s biggest pension fund, Stichting Pensioenfonds ABP, has exited all liquid assets in oil, gas and coal worth about €10 billion ($10.8 billion), in an effort to be greener.

The last shares and bonds owned by the fund were sold in the first quarter of this year, Harmen van Wijnen, chairman of ABP’s board of trustees, said in an interview at the fund’s headquarters in Amsterdam. ABP, which had pledged to sell down a majority of the investments by early last year, no longer holds any “liquid assets” in fossil energy producers, he said.

In its latest disclosure since the 2021 commitment to cut €15 billion exposure to fossil fuels, the Dutch fund has gradually divested all stocks, bonds and investments in oil and gas futures contracts linked to fossil fuels, Van Wijnen said.

The fund has said the step is necessary after efforts to engage with fossil-fuel producers and get them to reduce their greenhouse gas emissions proved ineffective.(...)

“We only want to invest in companies that also have a vision and are on a pathway in the transition to a sustainable economy and companies that don’t harm climate or biodiversity,” Van Wijnen said.(...)

[Derby]

https://www.marketwatch.com/story/novo-nordisk-blames-middlemen-in-u-s-healthcare-system-for-high-prices-of-weight-loss-drugs-wegovy-and-ozempic-5fc496dc

While Novo Nordisk charges $1,349 a month for Wegovy in the U.S., the drug costs just $140 a month in Germany and $92 a month in the U.K.

Novo Nordisk has blamed middlemen in the U.S. healthcare system for the high prices of its top-selling weight-loss drugs Wegovy and Ozempic, following the launch of an investigation into the drugs led by U.S. Senator Bernie Sanders.

In a letter to the Senator for Vermont, the Danish pharmaceutical giant said it only retains 60% of the list price on both drugs, with the rest paid out to middlemen.(...)

[Derby]

https://www.ft.com/content/6f97af16-9dad-48ce-80df-8e24c0338333

Israeli tanks enter central Rafah

Eyewitnesses report IDF taking positions in Gaza’s southernmost city despite international condemnation

[Suavesito_Papi]

SUBID LOS PUTOS TIPOS HASTA QUE REVIENTE.
YA.

Son los Estados los que deben gestionar el reventón de los "activos".
Los BBCC sólo gestionan la "inflación" real.

Los BBCC lo están diciendo por activa y por pasiva:

los Estados deben reventar lo que permite la inflación (fiscal) de los "activos" : planificando la unión fiscal, las fusiones continentales (bancos, telecos), las reformas de las leyes del suelo edificable.

Eso no se hace con tipos. Se hace planificando la fiscalidad, Restableciendo la primacía del impuesto público sobre el impuesto privado. Porque el Pisito es la privatización del impuesto.

Pero requiere voluntad politica, Que por ahora, es foránea. Fijaos cómo Zelensky se lleva 1000 ml a costa de los impuestos de los Españoles. Lo consigue porque España obedece. Incluso va el Rey a recibirlo, y P.Sanchez firma el cheque.

Vayan a votar. Tras votar, hagamos una sentada en Estraburgo.
Pero dentro del Parlamento, no a las puertas. y por nuestros representantes.
Asegurémonos de que sea divertido, sin llorar a los BBCC.

Anda que no pueden. Si mañana Lagarde sube medio punto y da un comunicado de prensa diciendo que o los estados le ponen freno a esta locura o en la siguiente reunión sube otro medio, ya veríamos qué rápido se acababa la tontería.

¿Competís conmigo politicuchos y banqueros de medio pelo? Os voy a enseñar quién tiene la sartén por el mango.

Y se les avisa que como vuelvan a las andadas el BCE se pensará muy mucho financiar a los bancos de los estados que no cumplan.

Ahora resulta que el BCE no tiene poder ninguno y que no puede doblegar a cuatro ladrilleros y sus políticos en nómina.

Poder claro que pueden, sobretodo porque al subir los tipos, indirectamente también subirá la prima de riesgo de muchos estados.

Lo que pasa es que no interesa. A Lagarde la han puesto ahí los mismos que no quieren que se tire abajo todo el chiringuito. Yo tengo la teoría de que en Occidente se empezó a meter cash en lo inmobiliario cuando emepezó la deslocalización Industrial hacia Asia. Si no hay econocmía productiva, de donde se van a recoger dividendos?

Toda la economía viró hacia los "servicios" y el Real State. Pues nada, ahora que nos den de comer los servicios y el Real State. Ya se vió durante el Covid o ahora durante la guerra de Ucrania. Que produce Europa? Nada... pues a ver quién es el que le dice al Rey que está desnudo...

Una pista: lagarde no va a ser, no quiere ser la mala de la película. Todos actuan como que hacen algo, y no se hace nada. En ningún país, en ningún nivel. Y así estamos.

Esto que dice Vd. es exactamente lo mismo que dice El Confidencial aquí:

https://www.elconfidencial.com/cultura/2024-05-27/senoritos-siglo-xxi-ricos-clases-altas-escapa_3890292/ 

[Derby]

https://www.bloomberg.com/news/articles/2024-05-28/eu-nears-deal-on-failed-lenders-in-path-to-closer-banking-ties

EU Nears Deal on Failed Lenders in Path to Closer Banking Ties

Agreement by governments could come as soon as next month
German reservations have largely been addressed, sources say

The European Union is nearing a deal on measures that would make it easier to wind down smaller lenders that run into trouble, according to people familiar with the matter.

Governments may reach a deal on the crisis management and deposit insurance framework next month after addressing some concerns of countries including Germany, said one of the people, who asked to remain anonymous as an agreement has yet to be reached. Talks to hammer out the details together with other European authorities will probably continue into next year, they said.

Such a move would be a key step to regain momentum in deadlocked talks over forging closer banking ties in the region and ultimately facilitate cross-border bank mergers.

European banking fractured along national lines after the 2008 credit crunch and efforts to put in place the architecture needed for a truly unified market ran out of steam in recent years. The package that governments are set to agree on is commonly-viewed as a key step toward deeper and even thornier reforms such as a system of joint deposit insurance like the one that exists in the US.

France and Germany have recently sought to revive the issue of banking ties. The two countries’ leaders — Emmanuel Macron and Olaf Scholz — are discussing the matter during a state visit this week.

Last year, the EU’s executive arm suggested tapping national deposit protection funds to bridge gaps at failing banks that don’t have sufficient reserves of their own. Germany’s mass of smaller savings and cooperative banks slammed the plan, saying it would undermine the systems they have in place to protect savers.

Germany still has reservations on the use of such funds because it could weaken rules on forcing losses on a failed bank’s investors, said one of the people. Still, a deal is likely because negotiators are set to agree on strict conditions for when a bank that runs into trouble is sent into resolution, rather than being wound down under national insolvency laws, they said.

While the talks have been cumbersome, discussions on pooling deposit insurance are likely to be even more difficult. A related plan approved by a committee of European lawmakers in April drew swift criticism from German bank lobbyists.

German officials say the banking union isn’t just about deposit insurance and that work is needed in other areas, such as rules that would address banks’ large holdings of bonds issued by governments in their home markets.

[Derby]

https://www.bloomberg.com/news/articles/2024-05-28/blackstone-buys-1-billion-mortgage-portfolio-from-germany-s-pbb

Blackstone Buys $1 Billion Mortgage Portfolio From Germany’s PBB

Blackstone Inc. has bought a $1 billion mortgage portfolio from Deutsche Pfandbriefbank AG as the German real estate lender grapples with the impact of volatile commercial real estate markets.

The portfolio comprises of 11 loans secured against performing multifamily, office and hospitality assets in the US and UK, Blackstone said in a statement on Tuesday. Its real estate debt strategies unit is acquiring the assets on an all-cash basis, Blackstone said, without disclosing what it is paying for the loans.

The sale comes as part of a broader strategy by PBB to manage its balance sheet through divesting assets. The lender became one of the most prominent examples of European banks hit by fears that troubles in the US commercial property markets are spreading to Europe.

[Derby]

https://seekingalpha.com/news/4110596-ecb-interest-rates-cut-fed-inflation

Fed divergence: ECB officials confirm first rate cut next week

It is now nearly certain that the European Central Bank will lower interest rates before the Federal Reserve, bucking the trend of the U.S. central bank leading the way in terms of monetary policy.

ECB officials have all but confirmed that the first rate cut will happen at its meeting next week, as inflation has moved closer to its 2% target. Eurozone inflation held steady at 2.4% in April, staying below 3% for the seventh month in a row. Data for May will be out Friday.

Olli Rehn, member of the ECB Governing Council and head of the Bank of Finland, said inflation was easing in a sustained way, "and the time is thus ripe in June to start cutting rates."

Another ECB policymaker, Francois Villeroy de Galhau - also the governor of France's central bank - said the first reduction next month is a "done deal." "After the first two rate cuts, our monetary policy will remain restrictive. We are still actively fighting inflation until we reach the neutral rate."

ECB's chief economist Philip Lane told the Financial Times that there is enough data to support to remove the top level of restriction, "barring major surprises."

"It seems to me that a fairly general consensus has emerged on the possibility of a rate cut," said Fabio Panetta, the Bank of Italy's governor and ECB policymaker.

Markets are betting on a 25-basis point rate cut from the ECB next week and no reduction at its meeting in July. "We expect the ECB to hold rates steady in July, before delivering another 25 bps rate cut in September," said Wells Fargo economist Nick Bennenbroek.

[senslev]

HDLGP.

https://www.elplural.com/economia/anciana-84-anos-sera-desahuciada-no-poder-pagar-subida-275-alquiler_330832102

[asustadísimos]

[He mejorado la redacción de...
https://www.transicionestructural.net/index.php?topic=2604.msg229167#msg229167 ]

[asustadísimos]

[¡Viva Derby!]

[Currobena]

Que sí, que sí.
Si todos vds. tienen razón.
Pero yo, a lo que voy, es a que TODO ES MENTIRA. Y ESTÁN TODOS ENCANTADOS CON ELLO.
Y lo peor, porque eso ya lo sabíamos;
es que SIGUEN GANANDO LA PARTIDA.
Me dan igual las causas.
El puto circo funciona. Y cuando te crees que no más ya. Pues toma otra vacilada.
SUBID LOS PUTOS TIPOS HASTA QUE REVIENTE TODO DE UNA VEZ, PORQUE NO HAY OTRO MODO.
SINO LO HACÉIS, ASUMO QUE ESTÁIS CONTEMPORIZANDO HACIENDO VER QUE LUCHÁS CONTRA ELLO, PERO ES SÓLO EXCUSA PARA QUEDAR BIEN.

SUBID LOS PUTOS TIPOS HASTA QUE REVIENTE.
YA.

Seguirán subiéndolos. Demos las gracias a Xi, si no es por China todavía tendríamos los tipos al 0%. Pero ahora es subir los tipos o una Tercera Guerra Mundial, así que no hay otra opción realista.


Eso sí, es posible que esperen hasta después de las elecciones presidenciales, que quien manda, manda.

[Saturio]

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