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Tourism is growing in the next 10 years, an opportunity or a loss of competitiveness?

tourism will grow in coming years but I have bad news for my English-speaking fans. America will lose some of Total cake as Asia's most wanted will be a destination, and Spain lost most visited country podium, until recently was the second most visited country and is now fourth, already passed by the U.S. and China. This is a time to rethink tourism in South America and Spain, and give it a much bigger boost to an industry that can feed many mouths.

I leave the notes, both the newspaper expansion.com:
http://www.expansion.com/2010/11/08/empresas/transporte/1289231503.html


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the strategy Obama, old-fashioned X Files

Spain goes through a serious crisis, yes, but a few matters. Stop buying our debt and go to something else, like typical TV news catastrophic event that draws your attention first and after few seconds or even remember where it was produced. However, if the United States (hereafter U.S.) stumbles upon a small gap in the sidewalk we heard all, and while we learned.

U.S. is stuck, let's go to GDP: GDP = C + I + G + (X - M)

Historically, the American colossus is characterized by strongly depends on consumption (C) Recently up to 71% of GDP. In this they're like us, activity is slowed and there is enough liquidity in the household to consume as before. The equation is easy, if C low, low GDP.
Let the rest. With investment (I) government can do little but through public spending, those who really are started under this heading are individuals, large companies committed to new technologies or to create profitable, long term, and today today they are not the work. We have a couple of values \u200b\u200bthat would grow the gross domestic product, government spending (G) and exports (X), as imports (M) computed negative. Appears then the solution to all our problems, Obama dixit, or rather dixit Roosevelt back in 1934.

stimulus plan is as follows: the U.S. president, in line with President Federal Reserve (FED), buy bonds. Of course, upon payment of the precise monetary amount, and thus injected into government coffers millions and millions and millions of dollars. What are the positive consequences of this movement? For the U.S. the following two:

• The government now has in its hands the key that opens the door to GDP growth. Enough money to pay up in government spending (G), ie, new roads, infrastructure, housing and public transport of all kinds. This, without doubt is a brutal business jet market, beyond the equation.
• The dollar amount in circulation is greater, much greater than before. And by the law of supply and demand if something is plentiful, its price ... low. Simple right? This can be easily seen in the sharp devaluation of the dollar against the euro and other currencies powerful as the yen or the yuan. Good time to travel to the U.S., when we go to bank to cash for $ € will give us a handful of the latter. With this depreciation (so it must be said) of the U.S. currency, the products of this country become more competitive in the global market, so U.S. exports greatly improved because he wants everyone is buying goods and services denominated in U.S. dollars Americans. Grow exports (X) and so does GDP. Double boost.

This second (devualuar your currency) is a very logical and not called to serious consequences in the future. However, like all beautiful things in this life, is but. And the but is that the government of any country is allowed to manipulate the exchange rate to ease from abolishing the system of fixed exchange rates. Thus, the measure is restricted. Why the U.S. makes it through the injection of notes and coins in the market, which shows a double positive effect on paralyzed its economy (which we have seen above). In the Economic and Monetary Union, to which we belong, is neither possible nor devalue your metal, it is the same for all (€), and inject all the copper you want, because that dictates what the European Central Bank for the sake of Union, not a particular country. We are tied hand and foot. With the peseta we had been allowed to devalue and be thrown overboard many of our problems, Paul Krugman, Nobel Laureate in economics, dixit.

Explained stimulating Obama, nothing innovative or protector of course, arise multiple blots to be clarified and why so many politicians decry rigor and thoughtful minds expansionary monetary policy of U.S. President:

• Products European Community, Japan and China become less competitive compared to Americans. Exports are less greedy for rest and the consequent result of GDP, at least in Europe is not exactly booming. Germany has pissed off and rightly so. Have to bother as China in the shoe that you're slowly and with good lyrics out of a difficult time as a neighbor in your same situation illicit use of a trap in the game and try to move forward at your expense.
• The more than possible, probable and moderate inflation may emerge in the U.S. within X years, not more than ten.
• runaway deficit. U.S. goes into debt for many years himself.

The vertical line indicates the arrival of the Roosevelt presidency

current deficit projections for the coming years

Many speak of manipulation indirect exchange rates, hiperinflacón hazard and others simply believe this momentum as the only way to leave behind the risk of another Great Depression. Successful "as Roosevelt or public enemy XXI century? Only time will tell Barack.

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One day this week, being in the gym, I saw on the ground one of these free newspapers that are distributed every morning. Just as an example of 20minutes. There was a 20minutes anyone. To my surprise, this newspaper contained a story on its cover. My God! A news in a free newspaper! Unprecedented.
This news enclosed GDP itself the word in capitals, which attracted my attention greatly. Therefore, I decided to cut this unusual document:

As indicated, the European Union is urging include these items in the GDP accounting, who will have been exactly the evil person who was able to give birth to this idea, do not know. The GDP is the most widely used scale of whether a country is increasing, decreasing or stalled. That is, when Aznar said "Spain is doing well" was because our GDP growing every year 4 or 5%. What I did not tell us was that while increasing a colossal housing bubble. Basically, the Gross Domestic Product measures the value of goods and services exchanged in a country for a year and although not the best indicator (there are others such as the Gross National Product, or GDP, which deducts the activity of foreign companies in our field and we do have English business in foreign soil) is the most accepted.

must be that the EU does not come out good numbers and as is the issue in half of Europe, as even half of the countries with the euro meet the commitments of growth, deficit and debt required to continue in the EMU . Such a fool is to include smuggling, drugs and prostitution in the posting of GDP, given the forecast for Spain to 30,000 million euros, will make about 2% of English GDP in the past year. That is, if our country is really bad, the fact that our streets are a haven for drug traffickers and that we "enjoy" a lot of corruption and prostitution does nothing to improve this data.

Instead of penalizing countries that are unable to control tax fraud rewarded. Not to mention the wide sleeve that can mean for a country like ours can make a forecast of these negative aspects of society. If the government's growth forecasts are always wrong and a lot more optimistic than the ECB or the IMF, as you can imagine dancing the millions when it comes to account for them as moving goods and services. Yes, then we would know as a prostitute on average charges for service or to what extent do the Central ADMINISTRATION companies cheat and drug traffickers are lined.

Beyond this hypocritical defense of the Mediterranean countries, (no mistake, Latinos are the most drug addicts, hustlers vicious and Europe) I can think of other hits. And is that a double negative externality occurs when the measure comes to be implemented. The first, that according to which suppresses the incentive for governments today to overturn the corruption and illegal prostitution. And segunga, which emerges from this earlier, is one that can occur in the population if our leaders leave, or at least to some extent, to worry about these issues today they do lose to government coffers outrageous amounts.
How am I going to feel me, ordinary people, affected by the perversion of my own countrymen do not even know why shunned or avoided if someone fight?

Finally, a more X-Files box to hide in the most emphatic.