{"id":405,"date":"2012-05-15T10:27:24","date_gmt":"2012-05-15T10:27:24","guid":{"rendered":"http:\/\/breves.lavigilanta.info\/?p=405"},"modified":"2012-05-15T10:27:24","modified_gmt":"2012-05-15T10:27:24","slug":"se-puede-ser-mas-incompetente-seguramente-si-pero-es-dificil-ver-como","status":"publish","type":"post","link":"https:\/\/breves.lavigilanta.info\/?p=405","title":{"rendered":"\u00bfSe puede ser m\u00e1s incompetente? Seguramente s\u00ed, pero es dif\u00edcil ver c\u00f3mo"},"content":{"rendered":"

via Random Thoughts:
Xavier Sala-i-Martin’s Blog http:\/\/www.salaimartin.com\/randomthoughts\/item\/299-%C2%BFse-puede-ser-m%C3%A1s-incompetente?-seguramente-s%C3%AD-pero-es-dif%C3%ADcil-ver-c%C3%B3mo.html:<\/p>\n

\n

\u00a0<\/p>\n

En su d\u00eda ya expliqu\u00e9 que el programa LTRO (cr\u00e9ditos a 3 a\u00f1os del Banco Central Europeo a los bancos privados a un 1%) estaba siendo utilizado por los bancos espa\u00f1oles para comprar deuda p\u00fablica espa\u00f1ola a los bancos extranjeros. De esta manera, los bancos alemanes y franceses se sacaban de encima la deuda espa\u00f1ola y se desentend\u00edan del problema espa\u00f1ol (mirad el \u00faltimo p\u00e1rrafo de este post donde explico lo que est\u00e1 pasando y como el LTRO har\u00e1 que los europeos se desentiendan de Espa\u00f1a<\/a>).<\/span><\/p>\n

<\/span><\/p>\n

Esto quiere decir que ahora la deuda p\u00fablica espa\u00f1ola est\u00e1 en manos de los bancos espa\u00f1oles… y que los incentivos de las autoridades europeas a ayudar a Espa\u00f1a, han disminuido ya que SUS bancos ya no corren peligro si Espa\u00f1a hace una quita o quiebra.<\/span><\/p>\n

<\/span><\/p>\n

La nacionalizaci\u00f3n de Bankia la semana pasada y la creaci\u00f3n de una especie de banco malo ha dado la se\u00f1al de que los rescates de los bancos espa\u00f1oles se har\u00e1 con dinero del contribuyente espa\u00f1ol. Y eso no va a costar 5% del PIB como sugiere de Guindos sino un n\u00famero todav\u00eda desconocido pero m\u00e1s cerca del 30% que del 5%. Es decir, sin la ayuda del EFSF que ped\u00eda hace unos d\u00edas<\/a> desde este blog,\u00a0Espa\u00f1a se convertir\u00e1 en Irlanda (que tuvo que ser rescatada por salvar a sus bancos sin tener el dinero para ello). <\/span><\/p>\n

<\/span><\/p>\n

Conclusi\u00f3n: gracias al programa LTRO y a la \u201creforma financiera del PP\u201d, se ha conseguido \u201csalvar\u201d a los bancos europeos que estaban metidos en deuda soberana espa\u00f1ola y se ha traspasado el problema al sistema financiero espa\u00f1ol… que a su vez, va a ser rescatado con dinero del contribuyente espa\u00f1ol y de los peque\u00f1os inversores espa\u00f1oles a los que se enga\u00f1o con el cuento de las Participaciones Preferentes. Es decir, los contribuyentes espa\u00f1oles y los peque\u00f1os inversores han acabado salvando a los bancos alemanes y franceses.<\/span><\/p>\n

<\/span><\/p>\n

\u00bfSe puede ser m\u00e1s incompetente? Seguramente s\u00ed, pero es dif\u00edcil de imaginar c\u00f3mo.<\/span><\/p>\n

\u00a0<\/p>\n

Ver interesante art\u00edculo de Luis Garicano sobre este tema y sobre la quiebra de Bankia.<\/a><\/span><\/p>\n

\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

via Random Thoughts: Xavier Sala-i-Martin’s Blog http:\/\/www.salaimartin.com\/randomthoughts\/item\/299-%C2%BFse-puede-ser-m%C3%A1s-incompetente?-seguramente-s%C3%AD-pero-es-dif%C3%ADcil-ver-c%C3%B3mo.html: \u00a0 En su d\u00eda ya expliqu\u00e9 que el programa LTRO (cr\u00e9ditos a 3 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-405","post","type-post","status-publish","format-standard","hentry","category-status"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=\/wp\/v2\/posts\/405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=405"}],"version-history":[{"count":1,"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=\/wp\/v2\/posts\/405\/revisions"}],"predecessor-version":[{"id":406,"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=\/wp\/v2\/posts\/405\/revisions\/406"}],"wp:attachment":[{"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/breves.lavigilanta.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}