#TROUBLE GAME RULES IN SPANISH DRIVERS#

His departure is another sign that the central bankВ is unlikely to return to responsible monetary policy that would protect the value of the common currency. Weidmann constantly warned of the dangers of low interest rates and quantitative easing policies, but unfortunately, he remained in the minority. (It consists of the six members of the ECB Executive Board, and the governors of the national central banks of the 19 eurozone countries.) In his ECB role, Dr. Consequently, he also is leaving the Governing Council of the European Central Bank, its main decision-making body. Last week, Deutsche Bundesbank President Jens Weidmann announced he was stepping down.

The panic they cause allows political actors to ignore or hide from other massive threats. The climate and pandemic issues are now seen as the Horsemen of the Apocalypse. These are mainly consequences of wrongheaded policies, lack of statesmanship and foresight, or products of ideological or self-righteous agendas. There are other, similarly important risks that we face and would neglect only at our peril. However, we should not let politicians use them as a red herring to divert our attention. The panic they cause allows political actors to ignore or hide from other massive threatsThe risks of the pandemic are real and need to be addressed. One can only hope that these measures will be liftedВ as soon as the crisis is over, especially contact tracing вЂ“ which could be used to monitor citizensВ under the pretext of public safety. Mass-scale immunizations, monitoring schemes and lockdowns have been the leading remedies. It is beyond doubt that widespread measures were necessary because of the damage to citizensвЂ™ health and the loss of lives. The Covid pandemic has acquired a similar urgency. The plans may also fail for political, technocratic and bureaucratic reasons.

#TROUBLE GAME RULES IN SPANISH DRIVERS#

And this may easily happen, as some of climate changeвЂ™s drivers are of natural, not human-made, origin. That this all adds up to full-fledged socialismВ remains unsaid.ДЄmong the frantic agitation, few consider how humanity could adapt to new climatic patterns, but this is necessary should current measures fail to bring expected results. The simple solutions to the challenges are supposed to be increased state intervention, high taxes (ostensibly targeting much-demonized вЂњbillionairesвЂќ but also hitting the middle class hard), and generally, global planning. The huge debtsВ run up by countriesвЂ™ irresponsible budget policies are being shrugged off as irrelevant. Unrestrained money printing is now being justified by the alleged need to make the economy вЂњgreenerвЂќ almost overnight.

The climate smoke screenВ is also used to cover up the disastrous fiscal policies of recent years. Under the guise of saving the planet, many are attempting to carry out thinly disguised ideological agendasВ and shameless power grabs. Global warming is being depicted as a result of capitalism run amok. While some measures are necessary to protect the environment, media and politicians are using the cause to scare the public. The climate change issue is presented as the ultimate danger to our planet.

Trouble game rules in spanish