2012 TOUJOURS INCERTAIN - HALF WAY 2012
STILL SOME DOUBTS
Though we can see some signs of recovery, difficulties remain.
Maybe that we know what to do but with no intention to do it !
So are we still in an economic crisis or are we switching to a moral crisis ?
End of crisis but no clear direction to
At beginning of 2012, we had
announced the end of the crisis but half way through, the paths for improvement
are difficult to be founded ! Some signs of improvement have appeared (American
markets in a better shape, positive cash flow for worldwide companies on the
stock market list, better financial regulation, Russian federation entering the WTO…) but some
difficulties are still hanging on certain regions in the world, particularly in
Are the difficulties specific to
South Europe or are they a consequence of difficulties from elsewhere
No clear direction or
avoiding the new rules of the
The “fog” on the economical growth
is mainly due to the complexity of the contradictions to manage (reducing
expenses/ investing for growth, private business / revenue sharing, cash under
pillow more profitable than stock
But this “fog” can hide another
reason : a lot of European citizen still believe that we will recover and be
like before, as if we were still in XXth century ! The truth is that XXIth
century has changed the rules. Europe is not any more the center of the world
and it has to compete with other regions more and more powerful like Asia and
Oceania, Middle Est and Africa.
It is of a moral attitude to respect
the rules of the game but which ones, the old or new ones