Comments on: Economic Policy and Political Power in European Crises

By: Laszlo Kulin

Laszlo Kulin — Mon, 30 Nov 2015 18:24:21 +0000

From all the World regions the opinion that I can give is the opinion of the Central-European people in Hungary. How they feel about what kind at personal role thay can play in the solution at the worldwide economic crisis.
The 2001 terrorist attack which destroyed the World Trade Centers in New York, shook the Americans’ faith in Safety. This continuous terrorist danger has created a worldwide economical crisis, which also affets credit. The banks enlarged their credit products and satisfied the claims. The money markets wavered, the investors withdrew.
During this time the central and Eastern-European goverments and the democratic people tried to use it to their advantage. There should be economic progress, we skould be able to any where in the World, our children should be able to study anywhere in the World.
We should be able to take all kinds of industrial products into our homes. Paralell to this unfortunately, a significant part at the vaters started to say that the Democrats have no need at improvement on these disadvantages. Many have started to state growing out of crime, give to much credit.
To me, this view opinion is unexeptable. We can only give preference to the Democratic Benefit, if we take into account the disadvantages and solve them. However, because the crisis is global, we must find the common solution among nations around the World. Just like the, NEW DEAL in 1930 in the USA, it was neccessary that Economic problems should be strategically chosen. Central and Eastern-Europe must set realistic goals for their residents. It’s not a realistic goal that the Eastern European states should regulate the wealthy states’ century developed system.
I think that freedom and democracy’ from them and from the USA as a gift. The third century state citizens must ask themselves the question:
How much they are able to sacrafice so they can live in freedom?
How much money, work, and how much are they able to sacrafice concerning their self centerd goals?

Laszlo Kulin
social policy
Hungary

By: Rudolf T.Z. Scheu

Rudolf T.Z. Scheu — Thu, 08 Oct 2015 20:30:54 +0000

In reply to Gerson P. Lima. Yes, partly. As individuals groups tend to panic in crisis times. Another factor: overpopulation: no politician dares to speak about it because children, the family are holy. And last but not least: nobody knows how to oppose violent people _without_ violence.

By: M.M van Wijck

M.M van Wijck — Thu, 08 Oct 2015 14:55:50 +0000

Accepting the terms and interest rates connected to loans to be repayed as possible cause of crisis if the offer of liquidities is extended
considerably, a system based on grants could be viewed as a solution, since many countries seem to organize large amounts of grants
to pay investments. World Statistics Organization delivers data concerning avarage grant elements % on external debts, Large economies
organized large % of grants in relation to their external debts in 2013 : China: 67%, Brazil 59% , India 78% and Turkey 48%.
The chart shows a blank region to the Northern hemisphere where no percentages of grants would have been allowed, but possibly no data
are delivered by governments or Central Banks. EU 2013 provided only 0.00007% of EU GDP to SMEs in grants. (EU budget figures).
Grants could mean a solution if the blame is not shifted down onto the source collected by taxes, but is adjoined into a monetary decided
policy to create masses of liquidities electronically multiplicated to be allowed to private enterprises and governments evitating debt posts.
Degrees could be an issue to collective monetary policies, f.i. via IMF.

By: Gerson P. Lima

Gerson P. Lima — Thu, 08 Oct 2015 13:45:27 +0000

In reply to Rudolf T.Z. Scheu. Thanks Rudolf. Is this revival a reaction to imigrants taking the employment of Europeans?

By: Rudolf T.Z. Scheu

Rudolf T.Z. Scheu — Wed, 07 Oct 2015 06:38:00 +0000

Do not forget the democratic crisis: Europe is plagued by a severe Nazi revival.

By: Gerson P. Lima

Gerson P. Lima — Tue, 06 Oct 2015 12:26:36 +0000

In reply to Ayoub. Thanks for your comment Ayoub, you are right about the immediate causes of financial crises; they must be associated with excess financial capital demand. However, I am searching into the first cause of the causes you point to; excess demand can only be realised if excess supply comes first. I would appreciate it very much if you could enrich your comment stressing your opinion on what is new in my paper.

By: Ayoub

Ayoub — Fri, 02 Oct 2015 19:21:24 +0000

The Financial crises is aresult of combination of different causes .(1) misue of banking credits (2) Real economic sectors ignored (3) political orientation not go in harmony with economic orientation
(4) misuse of loans and grants (5) Modes of finance not suitable … etc