Saturday, March 27, 2010

Sterlite Storage Drawers

Why I'll do anything to Vote Card

Alessio Mazzucco

to vote is an inviolable right, a sacred duty. I'll go. But that card never know the cross on the symbol or the name of my preference, will read: "Sleep that warrior spirit who enter me roar." Rhetoric? No. If I cancel the card, cancel the style. Why not cancel and hold their noses and vote for the lesser evil, vote against Mr. B., vote with the hope of a better world, a more positive, a change that we can all give us a share. Bales. This story every election, tell us this. Yet who has ever really listened to speeches related about the election? The 2008 referendum was a "Prodi government yes / no", 2009 "Berlusconi yes / no" now, "Berlusconi six mythical / you go to trial." I mean really.

They managed to make me bored with politics. Love you say? Well, why not? The only activity that allows us to live in community, for solidarity and unity with others, of helping the weak, to give everyone the opportunity to speak, it's politics. Bad thing? I do not think. Yet what propinano, what they tell us? Let's be serious. I found a couple of weeks ago to attend the presentation by Tinto Brass as the Radical candidate at a restaurant in Milan, Then, in the same evening, in a festival organized by a young PD candidate in the region. What was I doing there? M'avevano attracted by the idea of \u200b\u200bdoing a little 'holiday: you knew what I care about a candidate's Regional PD, that great party which should be our center-left (God save us!). That this happened? Well, the first reached the level of intellectualism was so nauseating that radicals have lost my vote (they are not radical, but all were among those who undertook more) say that "philosophy on the ass" of Mr. Brass did not do much effect. Not to mention that a writer who suddenly calls himself "the Fascist Anarchist", followed by a sentence strong throbbing in my head and shouting, "What are you saying this?". In the second level gooders and cliché was quite high, left with no music, dancing, political jokes and sad discounted, the wheel of another young candidate who is not allowed to comment but: "My boy, put a little ' Please balls or those of the League you eat, I assure you. " But who am I to talk? Certainly a voter, so I can freely express my opinion.

I am told that the change needs to take small steps at a time. I do not do much, but when people give me leaflets critical self-financed in the cold, will game in his time, his face, other commitments to a political project, for an idea to fight some rosewater, then I can tell which way the change will be the best. Make no mistake: when and will, as motionless as the mortal sigh, only then can we say that the possibilities for change were opened before our eyes. Real possibility? I think not. In the end, what happened after Tangentopoli, the most cathartic moment of the Italian Republic? Who could it be recycled, those who had the means fell in the field, a system that had to be cleansed it is regenerated, and this time more subtly. What is the change in Italian.

Moreover, in a country where 30% of workers evade taxes, an amount of money equal to 5% of GDP in the circuit turns to corruption, where those who can not get a certification, pass an exam , goes to some place where you can pay it or knows that it is easier, where only a small fraction of people said more than 100,000 euros per year in income (I think around 1%), where journalists take sides, the judges are joint declarations, where the President of the Republic is pulled by the jacket from the first one then the other, where you lie on the data in such a blatant liar who even manages to convince himself that when he said, where those who manifest very often do not even know why it is doing, where people who believe in politics, change is constantly disappointed, what can you expect a country like this? What can be expected in a country where words, labels, and promises a seething cauldron They come in confused, vomited on a stunned audience, where prescription is confused with an acquittal, where 80% of inquires only through a magic box that commonly television, where anyone can shoot what they want at any time without a serious and firm opposition to be heard?

I do not know what this newspaper will go on, I'll be honest with you. Moreover, good wine is produced when the vines are well-maintained, well-pruned vines, the soil well fertilized. If I ever manage to recover, to start over, I'll be happy to write more opinions, thoughts and brief and incomplete analysis. If all of this, however, it will go silent, I'm happy to have participated in adventure about a single year, confident that I will miss him. And this is my greeting.

What can I say? After such a vent, perhaps someone could say, "what would you do?". I do not have a program or a complete idea on what could be done in this country. Answering the question "What do we do?" of Silone I was unprepared, too presumptuous if I tried a response. I can only say "honest to all of Italy, unite."

Tuesday, March 23, 2010

The Cutest Nail Designs

Benvenuti! / Welcome!

Welcome to my blog.

I hope that here we can talk about good food and wines of good men. I have made these two life purpose and I intend to use this space to communicate with the public my understanding of wines and natural food source. will use this space to review wines from unique and provienienti territori dove la storia nella viticultura affonda le Radici e é da semper espressione dei Popoli. Parlero anche del mio modo la cucina mediterranea Tues interpretare con antiche ricette dei prodotti a base naturali.

Welcome to my blog.

I hope that it is said here about good food and good wine. On these two elements is based my life and I intend this platform as dialogues with the public use and to talk about traditional Italian Wines (Vini di origine) and genuine food. I plan to unique wines of Italy to light coming from the traditional wine regions, and closely connected with their historical roots and their people are. I want to meet you with my personal interpretation of Mediterranean cuisine based on ancient recipes and genuine food.

Monday, March 22, 2010

Tiffany Granath New Baby

Simul Stabunt, Simul Cadent: the trade balance and its role in the revival in Italy

Vincenzo Poll

"Moriens your terminal was."
Martin Luther


Despite the fall in gross domestic product has now stopped the sluggish economic recovery: L ' Italy has been hit hard by the global recession with a loss in terms of Gross Domestic Product in 2009 of 4.8% of GDP as the United Kingdom and Germany and some 'best of Japan (-5.3%) and rates growth for 2010 and 2011 facing fairly low (+1.0% and 2011). However, if we consider also 2008, the Italian situation is second only to Japan for cumulative loss of GDP with a tragic -6.44% for the country of the Rising Sun and 5.8% for Italy. Several factors helped make this recession is very hard for our country as the persistent low growth in the last decade that has made the Italian economy particularly vulnerable to external shocks. However, some factors make this recession unique and especially the situation, quite unusual compared to previous recessions, the Italian trade balance.

Recession: an overview

The Italian economy has been affected in various ways during the global recession: this section is to summarize some relevant facts about some macroeconomic variables. On this occasion I do not expect to be able to give a sufficiently comprehensive characteristics of the current situation which I refer to those documents for further study [1].

First would start from the real economy and in particular the industrial sector. An observation of the data in historical perspective allows us to say that the impact of the crisis far exceeds that of all previous postwar recessions. Under the Industrial Production of the Bank of Italy (Figure 2), the current crisis caused a decrease in extremely strong industrial production index with a fall of almost 30 percentage points in 2008 compared with a fall of about 10 points of that during the recession of 1973 and only 5 points in 1993. Since the end of 2008 the situation began to improve gradually with a slight increase of the index to a level of 88 points in January 2010 [2], so to speak, was the level of 1994-1995. So, more or less than two years we returned to production levels of about 15 years ago. This collapse was caused by a contraction in aggregate demand than ever. First, household consumption in terms of durable goods that are non-durable contracts consistently albeit less marked than the recession of 1993. The fall was particularly strong with regard to non-durable and semi-durable consumption and for consumption of durable goods, the recession of 1993 per hour maintains its primacy negative [3]. This dynamic reflects a decrease in wealth and income of households. As noted in the survey of 2009 on household wealth, in fact, the net wealth of households fell in 2008 by about 1.9 percentage points, mostly due to heavy losses on financial assets (-8.2 %) and to a lesser extent an increase in liabilities [4]. The price dynamics Housing (whose value is about 80% of household wealth) was negative, but so fortunately most content with a reduction in property value by about 0.4% (-1.1% in per capita terms). These effects on the wealth must be added the negative effects on income due to the sharp rise in unemployment that has risen by 2.4 percentage points compared to 2007 according to data from OECD [5]. The actual impact of the crisis and return to employment would be more in line with the effects shown in other advanced economies if one considers the extraordinary layoff. Even if the recipients of this institution in the fall counting the increase in unemployment would be about 4 percentage points [6].

During 2008 and 2009, investments have fallen, a decrease of 4% in 2008 and 12% in 2009. The situation is somewhat improved at the end of 2009 but growth rates are still negative (-3.8% for the fourth quarter of 2009). The situation in this field seems to be set to improve in the short term when you consider that the climate of business confidence has greatly deteriorated during the crisis and the rate of capacity utilization [7] has dropped to about 77% in 2008. Even in the presence, then, on expectations of improved demand for goods will take a while ' of time before this leads to more jobs and investment.

Another exception worth the trade balance.

This time is different: The Italian trade balance in the current crisis

If during the recessions of 1974 and 1993, export performance had supported the growth of GDP, with positive effects on aggregate demand, the current situation presents well different. As you can see from Figure 3, the dynamics of trade balance was in favor of the current economy during the recession of 1993, partly due to the fact that the crisis had been fueled by a speculative attack on the Lira with a consequent devaluation (-30%). However, this phenomenon should not be regarded as an anomaly but on the contrary, export growth proved to be one of the keys to economic recovery during several recessions in advanced economies [8]. A situation of economic stress leads, in fact, as a natural consequence, a weakening economic outlook for the country concerned, with a consequent depreciation of its currency regime of flexible exchange rates. This can be reinforced by deflationary dynamics that lead to a further depreciation of the currency in real terms. In the present case, however, the nature of the global recession did not allow the export of support activity economic and the fact that it seems unlikely that the countries hit by the crisis could be helped by a rise in short-term export demand, will contribute to the long time of recovery [9]. World trade has declined significantly and, after a decline in volumes of 12.3% in 2009, is expected to grow back slowly, with growth rates of 5.8% in 2010 and 6.3% in 2011.

For Italy the situation is even worse if one considers that many of the trading partners have found themselves at the center of the crisis and also their recovery will be slow. If we exclude the United States with a 6% share of Italian exports, the main trading partners are European with many of them belonging to the euro, France, Germany and Spain in the lead (Figure 3). All of these economies will grow relatively little in the coming years and this will cause further stagnation of our exports. Trade relations with the Asian economies, on the other hand, are of little importance with China accounts for only 2% of our export market and India do not even figure among the top twenty importers. Considering that the Asian economies will be the engine of the recovery, we can understand what a great opportunity for these economies could be the Italian economy. In this context it also seems easier to explain the dynamics of the net balance of trade balance during the current recession.

If the trade balance with non-European economies has improved thanks to a dynamic recovery is due to lower oil prices, which rose from $ 150 per barrel in the autumn of 2008 to the current 82, the situation is worse for the net trade balance with the European economies (Figure 4). The trade balance is improving slowly compared to non-European economies (the balance of 2009 remains a predominantly negative because of the large deficit recorded in January) that show a more dynamic recovery but this effect is more than offset by the deterioration that is recorded against of some economies that are still struggling with the effects of the crisis. In particular, the trade surplus with Spain (Figure 5), still in the midst of the recession, fell sharply in 2009 (-57.75%), contributing significantly to the worsening trade balance (45.29% of deterioration can be directly attributed to the dynamics of the trade balance with Spain).


The lesson of the crisis

In conclusion we can say that the current crisis, because of its global nature, has not allowed the economy to exploit the leverage of foreign demand for out of recession. Italy found itself in a situation particularly unfortunate: hit hard on the home front could not profit from the engine to be driven out of the Asian recession and has shared the fate of some of its trading partners are less fortunate, such as Spain, whose growth, first opposed to having undermined the position ranking in the Italian economy, brought a great deal of wellbeing also to Italy via exports. If high exposure to European economies is easily understood by reference to some of the basic elements of the international economy, as the gravity model, and considering the driving force that has been the creation of the single European market, excessive imbalance seems to prove a source of weakness for the Italian economy and a drag on economic growth. As Raghuram Rajan [10] said in his lecture at Bocconi University, "The global growth in the coming years will be driven by Asian economies whose consumers of goods that require different needs than those of Western consumers." The advanced economies can not afford to ignore this warning and especially the economies of "weak" and calling exported to Italy. To be hoped that this commitment is translated into something more of halal meats exported to Gulf countries.

Notes

1. In many cases we will refer to data in "The Italian major recessions: a retrospective comparison" of Bassannetti, Cecioni et al. (2009), for a summary look at the dynamics of GDP and the contributions of individual macroeconomic variables see Figure 1 .
2. The Italian Economy in Brief (2010)
3. Bassannetti, Cecioni et al. Op cit.
4. Supplement to the Statistical Bulletin of the Bank of Italy, "The wealth of Italian households, 2008" (2009)
5. OECD (2010)
6. Boeri (2010)
7. That is what capacity is actually used in the production of goods.
8. See Haugh, et Ollivaud Turner (2009).
9. World Economic Outlook, April (2009)
10. Rajan (2009)

References

Bank of Italy, 2010, "The Italian economy in Brief: March," Bank of Italy, http://www.bancaditalia.it/statistiche/altre_pub/ econ_it/2010/35_10/iteconom_35_eng.pdf

Bank of Italy, 2009, "Statistical Supplement: 2008 Italian Household Wealth", Bank of Italy, http://www.bancaditalia.it/statistiche / stat_mon_cred_fin/banc_fin/ricfamit/2009/suppl_67_09.pdf

Bassanetti A., Cecioni A., Nobili A. and Zevi G., 2009, "The main Italian recessions: a retrospective comparison", Bank of Italy Occasional Paper, http://www.bancaditalia.it/pubblicazioni/econo/quest_ecofin_2/qf_46/QEF_46.pdf

T. Boeri, 2010, Introduction to the meeting of the Economic and Open Society: Unemployed and casual workers, and if they become a category? ", 15/3/2010

D. Haugh, P. Ollivaud and D. Turner, OECD, "The Macroeconomic Consequences of Banking Crises in OECD Countries", OECD Working Paper No. 683, $ http://www.olis.oecd.org/olis/2009doc.nsf/LinkTo/NT00000DDE/ FILE/JT03260699.PDF

IMF, 2009, "World Economic Outlook, April 2009. Chapter 3, From Recession to Recovery: How Soon and How Strong? ", IMF World Economic Outlook, http://www.imf.org/external/pubs/ft/weo/2009/01/

OECD , 2010, "OECD Harmonyzed Unemployement Rates News Release: Jannuary 2010, http://www.oecd.org/dataoecd/20/21/44746304.pdf

Raghuram Rajan, 2009, The Global Credit Crisis: Causes and Consequences, "Lecture held on 10/12/2009 at the seminar FIN.TE.MA Bocconi University.

Weird Sayings And Phrases



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leave but your soul!

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