Basura ideológica y duelos a garrotazos complican mucho la salida de la crisis

La locura política y el duelo a garrotazos tienen un costo económico amenazante.

[ .. ]

Traduzco muy libremente las advertencias que la agencia financiera Bloomberg pasa a sus clientes en cinco continentes:

¿Los “bonos patrióticos” catalanes? Solo despiertan incertidumbre e inquietud.

¿Los duelos a garrotazos a todas las bandas? Golpean las espaldas de los más frágiles y necesitados de ayuda / empleo.

¿La aventura catalana? Tendrá un precio económico alto y severo…

¿La salida de la crisis económica? Está amenazada por el guirigay político, los duelos a garrotazos y las tormentas de basura ideológica…

“Catalan bonds due in February 2020 have fallen, pushing up the yield to its highest level since early 2014 relative to that of similar-maturity German bonds. In the same way, Spain’s government debt yield has risen versus Italy’s. That reflects greater economic risks from the region’s vote on Sept. 27 and separate national elections due by year-end”.
[ .. ]
“It’s pretty obvious that the political situation over Catalonia has deteriorated quite significantly”.
[ .. ]
“The Catalan challenge revives concern by investors in getting future payments from the region’s bonds if its confrontation with Madrid escalates”.
[ .. ]
“In a Bloomberg survey of 13 economists last week, five said they already factor in some kind of an impact from the Catalan election into their valuation of Spanish bonds. Two said they plan to. These analysts allocate a median risk premium of 20 basis points for Spanish debt because of the Catalan challenge, according to the survey.
It’s unlikely that Mas will succeed in his push because it’s not clear he has enough public support and the Spanish government would do everything to deny him a victory”.
[ .. ]
“It’s crazy to push for independence if you only have the support of just about half of the population”.
[ .. ]
“Investors in Spanish sovereign debt are becoming more nervous about the outcome of national elections due by the end of the year”.
[ .. ]
“They worry that the result of general elections may lead to Spain reversing reforms, such as changes to labor regulations, that have helped put the country on the path to the growth that the government says will reach 3.3 percent this year”.
[ .. ]
“Both a separation of Catalonia and a coalition of anti- austerity parties are serious threats for Spain,” said Kristian Toedtmann, an economist at Dekabank in Frankfurt. Bloomberg, 17 / 18 julio 2015. Catalans’ Separatist Challenge to Spain Sets Bondholders on Edge.