Friday, July 4, 2008

Xplod Vs The Jvc Kaboom

In China they eat beef

truth and fiction are the talk of inflation close to each other. A currency depreciation will take place on a large scale in many countries, but currently not in Germany. Nevertheless, the wage-earning less money in their wallets.

For some time the economic forecasts of business-oriented economic institutions are dismal. We are excited that the bursting of the speculative bubble in the U.S. Immbilienmarkt could put up some momentum, leading to a global recession. The rise in food prices around the world already caused Food riots in several African and Latin American countries, and this country is spreading in the business editors crisis atmosphere.
to threaten with the threat of inflation begins, the repertoire of Wirtschaftsprognostik become. Price increases of 3.7 percent in the years resmittel in the euro area shall also quite close to the. "Inflation is now the subject, not deflation. Globally, it doubled within a year to nearly 4.5 percent. In the preliminary stages of the value creation process takes the pressure of costs significantly, including wages, and inflation expectations begin to get out of hand, "wrote about Dieter Who-muth in time. Above all, rising oil, Gas and food prices provide the population for agitation.
"The ability to save," headlined the Focus in November last year and gave tips ever for flight into real values "are in demand, especially value stocks. Companies with stable cash flow and products that gain in value with rising inflation rates. As to belong, especially oil and energy companies, real estate and selected consumer stocks. "Also, gold is on the editors of the popular Focus. Hectic investment business on a larger scale, normally a sure sign of an inflationary development, but so far been made.
An adult inflation in the sense a macro-economically efficient, however, inflation in Germany, otherwise such as in China, not in sight. Although there is currently inflationary trends on a global scale, but they act in different sectors and regions of highly variable. Despite the strong euro, German exports have so far remained stable, and lost sales in the U.S. can be offset by increased exports to Eastern Europe and the euro countries. However, in the first quarter of 2008, the Federal Statistical Office identified the employees wage increases averaging 2.8 percent over the previous year's figure of an inflation rate of 2.9 per cent surpassed. While So the large companies, despite higher energy costs with the current price development of life may well be the situation for people with low incomes in Germany and more problematic. At the same time there is in many countries of the southern hemisphere inflation, causing economic structures are destroyed and the cost of living rise dramatically.
What is striking, the growing tendency is to blame for a chauvinistic tone in the German business press, when it comes to competing economic powers for all evils of this world. This verbal aggression directed primarily against China. Indeed, China is
responsible for the trend of inflation. His reserve army of cheap migrant labor from rural areas has now shrunk considerably, and workers in the economy could only ride wage increases in the double-digit percentage range - and with a currency that is no longer being devalued. This is certainly one of the factors that lead to inflationary tendencies. The Civil business press, however, has thus already identified their main enemy. "The Chinese are earning too much," accosted the Focus. "Got a worker in China three years ago $ 100 a month, which was a very good salary. Meanwhile, $ 150, the absolute lower limit. Engineers India now collect three quarters of the salary of their counterparts in the United States. The great tailors in Vietnam move their production to Cambodia - because of lower wages. For years, the workshops provided the world with their cheap products for stable prices. . Now they themselves struggle with rising costs "are
And also to the rising food prices everywhere, it is believed Markwort and Co., blame primarily the Chinese and Indians," a sudden Chinese drink our milk in place of their teas. They eat beef instead of pork. Who can blame them? Price increases are thus unavoidable. "Not about the speculation on the global food market or the use of more more agricultural land for production of ethanol for the world energy market, but the claims of the employees are therefore the problem. Whether the Focus editors believe that nonsense yourself, it can only speculate.
The so-called core rate of inflation in Germany, are not included in the energy and food prices, is not yet at about 2.4 percent despite a worrying rise to distortions. This benefits only the few people whose real income falls, due to rising consumer prices. With declining real wages, the ongoing economic recovery is mainly at their expense. The picture is completed, considering the increasing Food prices, hunger crisis and the resulting social struggles in many countries. There, we learn in, ravaging an "inflation tsunami" that many people have made "within a year poorer by 25 percent." "For some banks' - and we want to add: especially the countries themselves - to preserve" with cheap money from bankruptcy, "wrote Stefan Frank," it is accepted that millions of people starve, "
strike in Mali teachers. for seven months for salary increases that match the rising cost of living. While in Europe an average of 13 percent of a monthly income for Food is used (in the lower income classes is significantly more), must in most African and Asian countries, 90 percent of the available money is spent on basic services. Even in recent years such as India created new middle classes are already affected by the new poverty. In Bangladesh, about doubled the price of a kilo of rice in a week. In Cambodia, he is now the equivalent of a dollar, while the average daily income has stagnated at a half dollar. In about 30 countries did in the past few months, food riots.
should continue this momentum could be the riots eventually reach Europe and the USA. The deciding factor is whether the crisis-prone tendencies will affect the lives of people with middle and lower income, more than ever. In the United States following the housing crisis were already evacuated more than a million homes over-indebted, the number of people who can not afford health insurance increased more in recent months to 58 million.
Whether the impoverishment of the masses in perspective leads to social struggles, or whether it is possible to keep the crowds with patriotic rhetoric and symbolic gestures is still not in sight. In any case, it is worth observing that social processes in this country in the next Years due to the approximation of the life situations are played down.

Pub at Jungle World of 26.06.2008
http://jungle-world.com/artikel/2008/26/22098.html