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EU countries ... the PIGS

Surprisingly reflect on the sad reality of "PIGS" (Portugal, Ireland, Greece and Spain / Spain ).... caused by the Euro. If every country had been since 2000 to manage its currency (devaluation is not bad, as Pissarides comments, and for English tourism corroborate what!) Would not have achieved this. Currently, the U.S. (Fed) has been able to "buy debt" against money market gradually injected to stimulate the economy (household spending, businesses and institutions ...), China has done for years ( even supporting some inflation ).... Everyone knows devalue their currencies to sell more, export and attract tourism. Less EUROPE ... and Spain in the Euro zone.

Europe and the European Central Bank, are only obsessed with inflation and compliance with the ratios (debt, banks etc .)... forget that European economies are not a comprehensive package.

can never compare Spain to France or Germany, for example. The primary sector (Agricultural) has been weakened in our country (milk, wheat and other "fees"), in exchange for temporary grants to "divide" the production of this sector among EU countries. The secondary sector (industry) has always been underrepresented in our economy, with significant presence of foreign groups in the 70's when our workforce was "attractive" (car industry as ex.) so that, once integrated into the EU .... to shift production to Eastern Europe. At the end we stayed in a country with a tertiary sector as the basis of its economy. Tourism has historically been and is currently a key driver of our economy. However, we can not devalue the peseta or act with "stabilization plans" because we got into the Euro (best EURO / ERROR) and can, indeed, act on productivity, reduce emissions of debt and other measures to make up our ratios in the EU.

Funny analyze the situation in Sweden, Denmark and England . NO entered the Euro and going, economically speaking, good. Control the value of their currencies against other currencies, go deeper in debt and interest rate ..... and it is clear that not occur to them to join the single currency.

Is the Problem of "PIGS"? An output of the Euro may become more than a possibility, a MUST. The Nobel Prize in Economics, Christofer Pissarides, as recently evoked: "If Spain is rescued should return to the peseta." It raised devalue the peseta by 20% and then recalculate the debt and asset value as that value English ... would that also reset the currencies of other countries. PIMCO, the fixed income manager, and recently recommended to Portugal, Greece and Ireland out of Euro to resolve your situation.

Zabaleta Mark

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born Caves of Hercules, Tangier


source: http://www.turismotanger.com/cuevas-hercules-tanger.html

Hercules caves are located just 14 miles west of Tangier. It is an amazing place with an archeology of significant value.

According to legend this is where the mythical figure of Hercules rested after making his 12 tasks.
The entrance to the caves is oriented toward the Atlantic and are flooded during high tides. When the tide comes in, the jets of water flooded the cave. It's awesome.
The true origin of the caves, but theories suggest that are partly natural and partly artificial. It is believed that one possibility was that the ancient civilization we build to protect themselves. Whatever it is, to date, are shrouded in mystery.

The views inside the Strait of Gibraltar offers is impressive, consider the contrast between the color of the sky and the sea is an experience.


Some theories bet that these caves are connected with the caves of St. Michael in Gibraltar, and even that there are passages, but nobody has been able to corroborate this hypothesis.
can also visit this area the Roman ruins of Cotta, II and III century. It is just 500 feet away.

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Alexanders CAVE HOUSES, Oia, Santorini





Located Adjacent to and under the Same Management of Alexander's Boutique Hotel the complex offers guests a 180 degrees view of the caldera that overlooks the ocean. With white walls and antique furniture, Alexander's have created a serene atmosphere that many guests have called the definitive Santorini experience.

The Pearl: accommodating capacity 2 - 3 persons
The Topaz: accommodating capacity 2 - 4 persons
The Citrine: accommodating capacity 2 - 5 persons
Maintaining these traditional cave houses according to the Cyclades style of architecture, creating a cosy atmosphere that harmoniously blends into the simplicity and beauty of the island.

Features include:
Safe deposit box, Shower, Mini bar, Bathrobes & Sleepers, Queen size beds, Hairdryer, Reverse cycle air-conditioning, Equipped kitchen, TV with 21" screen, Antique furniture, Stereo/CD system.


Alexanders Cave Houses, Oia, Santorini

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Mokattam Cave Church Cairo Egypt Christian Orthodox Coptic Father.


fuente: http://cavechurch.com/home/index.asp Church Of Saint Samaan The Tanner


The church was named after Saint Samaan the Tanner whom the Lord used in the miracle of moving the Mokkatam mountain on Nov. 27, 979 A.D from the boundaries of the Elephant Lake (now known as the New Helmeia) to its present location; during the time of the 62nd Patriarch, Bishop Abram Ibn Zaraa the Syrian in the reign of Al Muiz Ledin Illah the Fatimid , the first ruler of the Fatimid dynasty in Egypt.
Ministry in this church started by Divine Providence in April 1974 with a small children’s meeting, then a general women and men’s meeting in an area that has been completely deprived from any spiritual impact. Work started in the summer of 1974 by building the walls of this church from tin and the ceiling from straw. Fifteen months later, it was enlarged as a small church on an area of 220 sq. meters. Tin was replaced by bricks and the ceiling by tents material.


The actual church building was completed in 1976, on an area of approximately 1000 sq. meters during the Papacy of Pope Shenouda III who honored the place by pioneering the first corner-stones.


His Holiness visited the church for the first time and blessed it on 18/6/1976 and for a second and third time during the feast of Saint Samaan The Tanner in 1978 and 1979. The fourth time was on 12/4/1994 during the inauguration of Saint Samaan’s / Patmos Hospital.


Year after year, spiritual meetings started to flourish and grow and the "Lord added to their number daily those who were saved." (Acts 2:47)
"The Lord worked with them and confirmed His word by the signs that accompanied it." (Mark 16:20)





Inside the church, there are several pieces of art to resurrection, plus two pieces of art portraying the miracle of moving the Mokkatam Mountain.
This church is considered to be the first in the world to be named after "Saint Samaan The Tanner" under direct Divine Ordinance a 1000 years after the miracle of moving the Mokkatam Mountain occurred.
Annexed to this church is a vocational training center and the hospital.

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Canyon View Hotel, Goreme, Turkey







The hotel was built over the remains of a Byzantine cave church and houses. It is recommended for those who travel on a budget but still require some level of service. Standard rooms are equipped with private shower and toilet facilities, while the suites have a jacuzzi.

Canyon View Hotel is a budget accommodation hotel located in the heart of Cappadocia, with easy access to all major tourist attractions. Goreme Open Air Museum, Uchisar, Pigeon Valley, Goreme Valley Zemi, Love Valley and Esentepe Are All Within 20 or 30 minutes' walking distance.












source: http://www.canyonviewhotel.com/

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'Hassan's Cave house'

1. 4 Guest Room
Cave dwelling in (a)
Private property Setting: cultural, natural - Ideal for all age groups
Culture - Bike / mountain bike hire at 50m
from $ 1076 U / week to $ 40350 U / week *




2.ALQUILER Bhalil - Boulemane Fez - Morocco
Cave dwelling 90m ², 3 Bedroom (s), 6 person (s)
'Dar Lala Fatma' Setting: historical, characteristic - Ideal for family, senior (s )
riding - Downtown at 50m
from $ 1076 U / week to $ 40350 U / week *

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Crisis Solution to the peseta

in Macroeconomics, Phillips curve relates inflation unemployment and suggests that a policy aimed at the price stability (as does the ECB currently obsessed with inflation ..) promotes unemployment. Therefore, a certain level of inflation is needed to minimize unemployment.

How do we do? With a strike of 20 %.... NEED devalue our currency, but we can not because neither we nor our own currency Central Bank (Bank of Spain) can devalue the Euro. The ECB has a strong Euro to control inflation (Germany) in the eurozone.

devalue means to increase exports, increase tourism, our competitiveness .... have inflation and reduce unemployment.

I totally agree with the thesis Kondratief on an initial phase of inflationary growth. Many economists justify inflation (always known, not controlled) is good.

Hicks, in his presentation of the IS-LM curves , reasoned and (so technically irreproachable) in this regard. More recently, Krugman even justified. Inflation is necessary in every economic boom and ends with unemployment (Phillips curve).

is clear that the only logical way in economic thinking that Spain is out of crisis EURO EXIT ... not necessarily in the EU (England has its currency, the pound, and belongs to the Community , like Sweden and Denmark).

Iceland outside the EU is another excellent example. After the severe crisis of 2008 devalues \u200b\u200bits crown .... and have already passed the crisis.

Marc De Zabaleta
http://www.markdezabaleta.net/
http://lacomunidad.elpais.com/dezabaleta

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Hassan's Cave house Walk through the city of caves, Bhalil. Morocco













Bhalil, the city of Although caves

Bhalil village is not on the main road of any popular tourist route in Morocco and can easily go unnoticed, visit is a great opportunity to appreciate some of the best preserved houses of the Moroccan unique style and a whole system of caves that served as home for many families.

The village is surrounded by bridges that were built to navigate the river that bisects the city neighborhoods. The first thing that catches the attention of Bhalil is the relaxed pace, but steady, with which people develop their daily chores. Artisans

weaving, merchants promote their shops and traditional food odors permeate the air as we ascend the hills to the top, crowned by a green valley and small hills.

The other surprise that we find in Bhalil are cave houses. Located, the few that remain, along with normal design houses, the caves are ideal for keeping warm temperatures, defending the cold of winter and the scorching sun of summer.

Because there are not many tourists visiting Bhalil, shortly after his arrival will be greeted by guides, and thanks to them we can enjoy the cave houses, since otherwise the walls could easily be mistaken for normal houses found throughout the city.

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CUEVATUR 2010: GUAREÑA EYE IN THE III CONFERENCE ON SPANISH TOURIST CAVES


In this conference, entitled CUEVAS: Heritage, Nature, Culture and Heritage, developed in Aracena (Huelva) from 4 to 6 November, attended by representatives Guareña Eye, presented the paper "The Natural Monument Guareña Eye (Burgos, Spain): a biodiversity hotspot of subterranean water.."

Cuevatur The third edition has become a meeting point and discussion forum for the underground world of tourism, their managers, researchers, cavers and those who come to the caves.

The Association of English Tourist Caves (ACTE), organizer of the congress, whose statutory objectives of representation, promotion, protection and management of its partners and especially the underground promote tourism and encourage the conservation and sustainable use of caves tourist. At present, brings together 34 tourist caves spread over the Balearic Islands and the entire Peninsular Spain, within which are karst caves Eye Complex Guareña.

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From Adam Smith to Euro

The peseta was born with Decree Figuerola, and the provisional government of the Revolution of 1868.

The first coin was minted in 1869 inspired by a piece of Emperor Hadrian Seville.

born in the Civil War the "blondes" to change the alloy of the coins.

Napoleon III (1808-1873) created the Latin Monetary Unit (France, Belgium, Italy and Switzerland). Figuerola tried to adjust the monetary system to the Unit Monetary English ... Spain never entered into the "engine of change" (not really disappeared the currency of each country.)

was born in 1979 ECU (European Currency Unit) as a currency "virtual."

in 1995 changed its name to Euro ECU. In 1999 it became legal tender in the financial markets.

When the Euro came into force as means of payment official in January 2002, was implemented in 12 countries (which they complied with the convergence criteria ... interest rates, inflation, exchange rates and public debt): Germany, Belgium, France, Austria, Finland, Italy, Luxembourg, Ireland, Netherlands, Portugal, Spain and Greece.

Andorra, Monaco, San Marino and the Vatican decided to use this new currency.

2007 Slovenia

2008

Cyprus and Malta

2009 Slovakia

The euro (€) is, at present, the official currency in 16 of the 27 member states of the European Union .

The English will not enter the Euro ...

Denmark could do ... .. but it will not

Sweden ... .. not interested in Mark

Zabaleta

http : / / www.markdezabaleta.net/
http://www.becspain.com/

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Dear readers, dear readers:
is with great pride and satisfaction that short (figuratively) the (figurative) ribbon of this new feast. A festival created for all people of good heart rejoice, and breed are welcome by budding and suffer bleeding of pure satisfaction.

International Day Sticking with Nicholas Cage! * Applause, fanfare *
Who does not hate Nicholas Cage? Deafblind people probably are the only people they can be forgiven or even admiring Cage endure. For the rest, I can only say that they are sinister people, sad, twisted vision and priorities totally out of order. As Catholics, go, but almost worse if I hurry.

is the time, citizens. Take to the streets, filled with love of neighbor (if the neighbor is not Nicholas Cage, of course), let us embrace, let us all sing together in the deepest contempt and utter incomprehension at the success of someone with no talent other than looking like a pear with teeth. Someone whose hair is as scary as the spelling booklet Belén Esteban. Someone whose facial expression is so out of place as someone who had undergone surgery of the brain by the method of the stone in the neck. Someone with the charisma and charm, do not know, Rajoy ... and probably also his verbal ability. Someone, in short, that if ever fertilizes Shakira will produce a race of abominations with the power to turn the ears and eyes of anyone with the provider, pear compote.
not let that day arrives. Sanctify this event. Cage glorify all insult, because it is our salvation. Shakira Remember, if it is successful, will pounce on all fours doing the pine-bridge against him in the vagina in front snapping with impatience.
Let's take this time to worship and meditate on the mystery of Pique, whose sacrifice on the altar of the Vulva Shakiriana saves us from this horror. Your job is to keep it busy until menopause, when it will not be anything for you to meet Nicholas Cage and have sex. Meanwhile, thanks Piqué. There need not be sacrificed on the altar you to pretend prove you're not gay. I would like to fuck alike.

Used this video to your meditation today, brothers and sisters, always remember this day. The day that the man (Loretta) rose against the tyranny of Nicholas Cage.

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Adam Smith (1723-90) was a philosopher who is known as the founder of modern economics. However, Smith wrote on ethics and other topics. The growth of science and the theories of Newton had a profound affect on him. The Wealth of Nations (1776) was an attempt at a scientific analysis of society. He wanted to find laws of human behavior, as Newton had found laws of science.

Admirer of the English

As a young man, he was an admirer of English civilization. He attended Oxford for nearly a decade. There was a large number of middling people. In England, it was hard for lords to destroy the middle classes. In other nations, they could threaten the people with foreign warlords. However, due to its island nature, this was not the case in England. The townspeople were able to have a larger amount of freedom in England than in much of the rest of the world.

The "Invisible Hand" and Unintended Consequences

The “invisible hand” is a theory put forth by Smith ( Smith, Wealth of Nations , p. 184 ). He believed this invisible hand, and not God as had been thought previously, was controlling the market. Through the law of unintended consequences a “division of labor” ( Smith, Wealth of Nations , Ch. 1 ) would develop and allow for a rapid growth of wealth. The law of unintended consequences is the idea that private vice could often end up, unintentionally, as public virtue.

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Smith believed that human societies would develop towards wealth and it was important to take away the inhibitions that kept humans from gaining such wealth. He believed that what is needed for development is “peace, easy taxes, and a tolerable administration of justice” (Smith, Essays on Philosophical Subjects, xviii).

If these three things are achieved, Smith believed that a society would have wealth. Humans were competitive individuals and humans wanted to persuade people to do what they wanted others to do: “Men always endeavor others to be of their opinion, even when the matter is of no consequence to them” (Smith, Lectures on Jurisprudence , 352).

The Theory of the Division of Labor

The theory of the division of labor is one of Smith’s most important theories. He believed that dividing tasks amongst individuals led to more production. This was because of increasing skill, time wasted moving from various parts of the tasks, and doing one part of a larger task allows for more analysis regarding a certain part of the task. The development of machinery and technology flows out of the division of labor.

China's Economic Stagnation

Smith believed that nations that pursued bartering and trading became well-mannered, trustworthy, and more civil. Smith believed that half of human nature was a desire to subordinate others. He looked at history and saw continual wars that limited economic development. Violence towards other people was an obstacle to wealth.

Read on 

• Philosophy of John Maynard Keynes
• Public Policy and the Economy
• Communism and Capitalism Compared

China was peaceful but by the late 18th century, it had gone into a period of economic stagnation. Taxation was not horrendous and the judicial system was not horrible. It was a stationary civilization in terms of economic growth. China looked inward but in the 15th century, it inhibited economic growth by deciding not to engage in commerce with others.

China overemphasized agriculture and, thus, downplayed manufacturing and industry. Rice also played a role. It required much labor and encouraged a style of social stratification with landlords at the top and workers at the bottom. This did not help the development of an economy. Smith also believed this happened with potatoes and predicted the problems that came about with Ireland and the potato famine in the mid-19th century.

Doomed to an Agrarian Existence?

In the end, it seems Smith was a pessimist. He couldn’t see how humans would escape from an agrarian existence. He believed that the division of labor led to misery. He knew that the division of labor would lead to people doing repetitive, boring tasks that would be horrible. Smith, did not see how humans could avoid this, however

To be continued...

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