CALDEIRÃO DE BOLSA

MozHawk Escreveu:Olá nuno

Permite-me discordar de ti. Não lhes reconheço, britânicos ou outros, qualquer tipo de "autoridade moral" para nos julgarem nesta perspectiva. Simplesmente não tenho muito paciência para chauvinistas que se permitem escrever o que bem lhes vai na real gana.

É certo e sabido que, desde sempre, há uma visão "deturpada" sobre os povos do sul. Desde o cómico "Allô, Allô" até à cambada de imbecis que, pelos vistos, encontra no FT espaço para dislates desta natureza. O mesmo se passava, até há uns anos atrás, com os nossos amigos espanhóis que, volta e meia, nos presenteavam com artigos de bradar aos céus em jornais respeitáveis com o El País.

De igual modo, há muitos anos que se referiam à região dos PIGS como o Clube Med...

Este assunto lembra-me um episódio que ocorreu comigo em França quando me chamaram "petit portugais". Na altura, o insulto foi pessoal. Neste caso é mais grave.

Terminando, não temos que provar nem mostrar nada a ninguém a não ser a nós próprios.

Um abraço,
MozHawk

nunofaustino Escreveu:mais importante do que ficar ofendidos e maldispostos sobre este comentário, era perceber porque é que se pensa isto sobre nós e trabalhar para alterarmos esta opinião...

Um abr
Nuno

nunofaustino Escreveu:mais importante do que ficar ofendidos e maldispostos sobre este comentário, era perceber porque é que se pensa isto sobre nós e trabalhar para alterarmos esta opinião...

AC Investor Blog Escreveu:Costuma-se dizer que "Quem cala Consente " e pelo que tenho lido, não tenho visto ninguém das altas patentes Portuguesas a pronunciarem-se sobre este estúpido e repugnante artigo, ao contrário dos nossos hermanos que já o fizeram. Enfim, se calhar não interpretaram da mesma forma.....Tratam-nos mal e ninguém nos defende.....

Derogatory acronym is more than just a bad joke

Published: September 5 2008 03:00 | Last updated: September 5 2008 03:00

From Mr José Manuel Velasco.

Sir, I am writing to you on behalf of the Spanish Association of Communication Directors (Dircom), to express our discomfort regarding the article that appeared last Monday, September 1, in the Lex Column.

As the professional body representing 500 senior communicators from Spain’s private and public sectors, our complaint relates to both the content and the form of that article. The acronym coined to refer to four European Union countries (Portugal, Italy, Greece and Spain) is derogatory and demeaning. The terms used cannot be regarded as an unfortunate game of words, nor be considered as a bad joke, because they infringe on the dignity of the aforementioned countries’ citizens, politicians and business representatives.

Similarly, the analysis on the economic environment is superficial and lacks the rigour that usually characterises your newspaper. The article (“Pigs in muck”) does not differentiate between the countries concerned, whose economies have in common their suffering from ailments of exogenous origin, but very similar to the ones of the US or the UK.

Spain is the eighth-largest economy in the world and our country has led the longest growth period in recent times. Several Spanish companies have demonstrated their ability to adapt to the most competitive economies of the planet, such as the British economy – many of whose citizens, by the way, choose our country as the premier destination to enjoy retirement, restful holidays or lively weekends. I am sure they do not feel that, here on Spanish soil, they are “stuck in muck”.

With the hope that the Financial Times returns to a respectful analysis of the economic actors in this country, please receive my kindest regards from Spain.

José Manuel Velasco,
President, Spanish Association of Communication Directors (Dircom),
Madrid, Spain

rpmt Escreveu:Mas Também quem é que liga aos bêbados dos ingleses

The Economist Escreveu: The European Central Bank
Ten years on, beware a porcine plot

...
But others, including France and, especially, the Mediterranean quartet of Portugal, Italy, Greece and Spain (sometimes described as the PIGS), have not done so.

PIGS in a trough

The performance of these countries has by no means been the same. In recent years France has grown modestly, Greece and Spain have boomed, but Portugal and Italy have been stagnant. Yet in broad terms, all have been misled by a similar fallacy. This was that they could make strenuous efforts to qualify for the euro, slashing public spending and holding down wages and other costs, and then relax as soon as they got in. In effect, the Mediterranean group (and, to a lesser degree, France) treated the adoption of the euro as the end of their reforms, when it should have been only the start.

The results of this are now becoming starkly clear. Although the overall performance of the euro area has been satisfactory, the divergence among its members is growing. Even as Germany, the biggest euro-area economy, has picked up speed, Spain (like Ireland) is suffering a painful property bust. Unit labour costs in all four PIGS have risen, whereas they have fallen in Germany, producing a sharp deterioration in competitiveness and in current-account balances.

The medicine for these ills is simple to prescribe, but painfully hard to administer: structural reforms to deregulate labour and product markets. Such measures should raise productivity growth, but wage restraint will still be needed to restore competitiveness. This is something Germany has borne in the past decade. But there is little sign that any of the PIGS are ready to undergo the necessary pain. Indeed, in a deeper irony, euro membership itself partly protects them from the discipline of the financial markets, which might otherwise be helping to impose reforms.

BusinessWeek Escreveu:The Euro Zone Is Headed for a Bumpy Ride

...
The main culprits are the so-called PIGS: Portugal, Italy, Greece, and Spain. After posting above-average growth since joining the euro zone in 1997, the countries' economies are now stalling due to a cutback in bank lending and an increase in loan defaults. Outstanding corporate debt in Spain, which until recently accounted for a third of Europe's growth, currently stands at 127% of GDP. As most of that is linked to the country's floundering construction industry, banks are unwilling to continue financing the sector, which means bankruptcies—and job losses—are starting to add up.

Atomez Escreveu:Esta é mesmo uma daquelas reacções de "machismo" bacoco latino... São todos muito "toreros"...

PIGS é a sigla para designar os países europeus com mais problemas na economia - Portugal, Italy, Greece, Spain.

Tal como BRIC é a sigla para os países de grande potencial de crescimento - Brasil, Russia, India, China.

So what?

Atomez Escreveu:Esta é mesmo uma daquelas reacções de "machismo" bacoco latino... São todos muito "toreros"...

PIGS é a sigla para designar os países europeus com mais problemas na economia - Portugal, Italy, Greece, Spain.

Tal como BRIC é a sigla para os países de grande potencial de crescimento - Brasil, Russia, India, China.

So what?

rpmt Escreveu:Mas Também quem é que liga aos bêbados dos ingleses