{"id":366,"date":"2009-05-11T10:56:00","date_gmt":"2009-05-11T10:56:00","guid":{"rendered":"https:\/\/clusterfamilyoffice.com\/blog\/?p=366"},"modified":"2009-05-11T10:56:00","modified_gmt":"2009-05-11T10:56:00","slug":"gobernantes-globales-y-politicos-locales","status":"publish","type":"post","link":"https:\/\/clusterfamilyoffice.com\/en\/gobernantes-globales-y-politicos-locales\/","title":{"rendered":"Global leaders and local politicians."},"content":{"rendered":"<div style=\"text-align: justify;\">There are still many people who believe that this crisis is nearing its end. Fewer and fewer, it is true, but there are still many who honestly consider the economic forecasts to be accurate. And I am not referring to those of Zapatero, Brown or Berlusconi (whom almost no one believes anymore), with their unspeakable yet undeniable political interests, but to those of the International Monetary Fund <a href=\"http:\/\/www.imf.org\/external\/index.htm\" target=\"_blank\" rel=\"noopener\">IMF<\/a>, who is currently acting as <span style=\"font-style: italic;\">Jiminy Cricket<\/span> of the global political class. But the reality\u2014and above all the prospects for the future\u2014are, unfortunately, far bleaker. So much so that they cannot be made public by official bodies such as the <span style=\"font-weight: bold;\">IMF<\/span> or the various <span style=\"font-weight: bold;\">central banks<\/span>. And that is a good thing, since the responsibility borne by certain organisations is far greater than that of governments, and a globalised sense of doom would do little or nothing to aid recovery (or public order).<\/p>\n<p><a onblur=\"try {parent.deselectBloggerImageGracefully();} catch(e) {}\" href=\"http:\/\/1.bp.blogspot.com\/_VIxOq4VLwLE\/SfcH4TUa-tI\/AAAAAAAAAzE\/cb7OYxnFWLc\/s1600-h\/obama-geithner1.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 588px; height: 400px;\" src=\"http:\/\/1.bp.blogspot.com\/_VIxOq4VLwLE\/SfcH4TUa-tI\/AAAAAAAAAzE\/cb7OYxnFWLc\/s400\/obama-geithner1.jpg\" alt=\"\" id=\"BLOGGER_PHOTO_ID_5329737347856267986\" border=\"0\" \/><\/a>Organisations such as those mentioned above make up the <span style=\"font-weight: bold;\">systemic tissue.<\/span> Far more than just a head of state, whose government team usually aims merely to see out a term of office with enough influence to stand for re-election. That is why these international organisations lie less than politicians, yet their high <span style=\"font-weight: bold;\">responsibility<\/span> The international situation also prevents them from publicly painting a picture of the harsh reality of the situation.<\/p>\n<p>In today\u2019s globalised world, with its extremely serious financial problems, national governments are not up to the task and are merely playing a supporting role. And the best part is that they are fully aware of this, giving in <span style=\"font-style: italic;\">de facto<\/span> the overall management of the greatest crisis in the modern economy. In fact, politicians only appear in photos at high-profile summits and little else. The real governance of this global economic collapse is being carried out by: on the one hand, what we might call the major central banks <a href=\"http:\/\/www.federalreserve.gov\/\" target=\"_blank\" rel=\"noopener\">(FED<\/a>-<a href=\"http:\/\/www.ecb.int\/home\/html\/index.en.html\" target=\"_blank\" rel=\"noopener\">ECB<\/a>), the <a href=\"http:\/\/www.imf.org\/external\/index.htm\" target=\"_blank\" rel=\"noopener\">IMF<\/a> (and perhaps some other economic governing body), second-tier central banks (<a href=\"http:\/\/www.boj.or.jp\/en\/\" target=\"_blank\" rel=\"noopener\">BOJ<\/a>, <a href=\"http:\/\/www.bankofengland.co.uk\/index.htm\" target=\"_blank\" rel=\"noopener\">Official Gazette<\/a> <a href=\"http:\/\/www.snb.ch\/\" target=\"_blank\" rel=\"noopener\">BNS<\/a>); and on the other hand, the Obama team and the <a href=\"http:\/\/www.g20.org\/index.aspx\" target=\"_blank\" rel=\"noopener\">G20<\/a>. The vast majority of finance ministers, with a few honourable and very rare exceptions, merely watch and learn (some do not even do that).<\/p>\n<p><a onblur=\"try {parent.deselectBloggerImageGracefully();} catch(e) {}\" href=\"http:\/\/2.bp.blogspot.com\/_VIxOq4VLwLE\/SfcIrO0UwmI\/AAAAAAAAAzM\/hqjIz5slBoo\/s1600-h\/Zapatero-confia-gestion-Salgado-salir-crisis.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 596px; height: 197px;\" src=\"http:\/\/2.bp.blogspot.com\/_VIxOq4VLwLE\/SfcIrO0UwmI\/AAAAAAAAAzM\/hqjIz5slBoo\/s400\/Zapatero-confia-gestion-Salgado-salir-crisis.jpg\" alt=\"\" id=\"BLOGGER_PHOTO_ID_5329738222821229154\" border=\"0\" \/><\/a>It is worth noting that politics plays a significant role in these governing bodies, which steer the planet <span style=\"font-style: italic;\">de facto<\/span> In such a critical global situation, it is minimal. The G20 is more of a framework for apparent decision-making through which the actions of the world\u2019s financial elite are channelled. A mere (though, from the emerging economies\u2019 perspective, extremely interesting) forum with a certain degree of influence. And I don\u2019t think that\u2019s entirely a bad thing, given the state of the political class, despite Sarkozy\u2019s efforts to assume the role of statesman for the EU. Obviously <a style=\"font-weight: bold;\" href=\"http:\/\/freshfamilyoffice.blogspot.com\/2009\/01\/el-efecto-bho.html\" target=\"_blank\" rel=\"noopener\">Obama is the exception that proves the rule and the essential (though perhaps insufficient) dose of hope<\/a>, as he and his political team seem to be the only ones capable of governing in a manner befitting the financial institutions. Perhaps this is because his team is largely made up of people from senior positions in the financial sector, and he has wisely set aside politics as we\u2014those of us who do not lead the world\u2014understand it. <span style=\"font-weight: bold;\">That is how it should be, at least during the parliamentary term in which the world fell apart.<\/span><\/p>\n<p><a onblur=\"try {parent.deselectBloggerImageGracefully();} catch(e) {}\" href=\"http:\/\/3.bp.blogspot.com\/_VIxOq4VLwLE\/SfcJKuOzzGI\/AAAAAAAAAzU\/lOQfOmGvSZQ\/s1600-h\/600px-US-FederalReserveSystem-Seal.svg.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 180px; height: 180px;\" src=\"http:\/\/3.bp.blogspot.com\/_VIxOq4VLwLE\/SfcJKuOzzGI\/AAAAAAAAAzU\/lOQfOmGvSZQ\/s400\/600px-US-FederalReserveSystem-Seal.svg.png\" alt=\"\" id=\"BLOGGER_PHOTO_ID_5329738763829759074\" border=\"0\" \/><\/a>If we were to try to govern with a collapsed financial system, we would do ourselves a great deal of harm. And although, hierarchically speaking, governments are supposed to lead the world, in times of crisis we have managed to relegate politicians to a secondary role. Perhaps this is to no one\u2019s credit and they have simply been shown up. Some of you will say that the people have not elected those who <span style=\"font-style: italic;\">de facto<\/span> they\u2019re steering the ship through a crisis, and that\u2019s true. But the thing is <span style=\"font-weight: bold;\">The democracy we have managed to devise is not only unable to<\/span><span style=\"font-weight: bold;\"> to exist without it <\/span><span style=\"font-weight: bold;\">Not only is it unable to support the system, but it is also incapable of sustaining it. <\/span>Until we learn to create a form of democracy different from the one we know, it requires a system to underpin it and keep it safe. A system that has collapsed and must be rebuilt by great figures and specialists who will make history behind the scenes and whom, with a few exceptions, we would never find amongst the modern political class.<\/div>","protected":false},"excerpt":{"rendered":"<p>Todav\u00eda hay mucha gente que cree que esta crisis est\u00e1 cerca de su fin. Cada vez menos, es cierto, pero a\u00fan son numerosas las voces que consideran honestamente acertadas las previsiones econ\u00f3micas. Y no me refiero a las de Zapatero, Brown o Berlusconi (que ya casi nadie cree), con sus inconfesables y sin embargo indisimulables [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-366","post","type-post","status-publish","format-standard","hentry","category-sin-categorizar"],"_links":{"self":[{"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/posts\/366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/comments?post=366"}],"version-history":[{"count":0,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/posts\/366\/revisions"}],"wp:attachment":[{"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/media?parent=366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/categories?post=366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/clusterfamilyoffice.com\/en\/wp-json\/wp\/v2\/tags?post=366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}