"World economy": "Spotlight on the financial world today"!

Le 01 mars 2012 par IVOIREBUSINESS - During his current electoral campaign, french left- wing presidential candidate, "François Hollande" has finally identified his political target, namely "the financial world": A committed assertion quiet

labeled as a nice bit of scandal internationally in some liberal and capitalist states all over the world! But the french socialist, "François Hollande" warned publicly recently in his own words, in a british newspaper: "One must not scare internationally, because we are not in a communist ideology spirit, by saying that the financial world remains our main target politically".... Meanwhile, the financial world has shrunk most of all by these times....Aided by computer networks, financial information can be flashed around the world instantaneously. Capital flows across the world in seconds: It is the most mobile and liquid of all commodities today. With major share-trading centres in "London", "NEW York", "Paris" ,"Frankfurt ","Tokyo", when one market shuts down, another wakes! Therefore, money never sleeps at all economically! That means, as the world gets richer, so the stock of capital increases; as capital grows, so does the impact of the financial markets on the world economy. In consequence, the collective power of financial markets exceeds that of any government. In great britain of the 1980s, former british prime minister, "Margaret Tatcher" said, "you can not buck the markets. Old boy networks in "London" and "Tokyo" give government’s considerable leverage over their national financial centres, but the world market is beyond the reach of any one government, even the "United states of America". In the same trend, in making financial decisions, governments must therefore consider the reaction of the markets. Consequently, if the markets lose confidence in a country's economic policies, investments are withdrawn and loans to governments or individuals cost more. In extreme cases, loss of market confidence can drive a country to virtual bankruptcy. As a matter of fact, market confidence is a fragile, uncertain affair, needing regular stroking to calm a tendency to overreact and panic. Ironically, although all markets are based on risk, financial traders seek to minimise it even more ironically, "Tokyo's stock exchange is built in an earthquake zone! So, markets look for cautious and conventional financial policies from the countries in which they invest. Not all governments deliver, but those that do not, will pay an increasingly severe price...TO some extent, markets can lose confidence in a country's economic policies, therefore investments are withdrawn ad loans to governments are in jeopardy, due to higher insecurity like in the "Ivory Coast", a west africa country gradually labeled as a far west zone, where massive murders by rebel soldiers, and impunity remain the national cup of coffee of most ivorians, since "Allassane Ouattara" took over in April 2011...With regard to what is still taking place in the "Ivory Coast", namely in "Vavoua", "SIKENSI", "Arrah", "Bonon", and many more in the whole country, no credible financial structures can invest in the country right now, except some shareholders of the ivorian political remote system close to "ALLASSANE OUATTARA": because the first criteria to invest in a country ,being the political stability and full security have unfortunately scattered in the "IVORY COAST" ,against the will of the ivorian citizens...Right now, under "Allassane" Ouattara regime, the country seems to be on the brink of a so called virtual political and economic bankruptcy, due to the loss of international market confidence and the political support of his main ally, the United states of America... How long will this tribal, nepotist, tyranny regime survive, on tiptoe, lack of popular legitimacy and full sovereignty? In the "Ivory Coast", life keeps on being a big road with a lot of signs: This current issue must be much debated somewhere in the whole AFRICA!
Wait and see !

(Yves T Bouazo)