Roberta Gigli
Friday, February 12th last, in the elegant surroundings of the art conference room of the Museum in Rome Crocetti, economist Enea Franza Jr., presented his latest book "Financial Crack The reason for the current crisis . "expert economists who were present Hon. Silvano Moffa member of the House working committee that drafted a comprehensive and unique preface to the book of Franza, Dr. Cortina has cleverly introduced the topic of the crisis, Dr. Holland and the journalist Mr. Rosset, the editorial director Dr . Luciano Luca "Il Borghese" and the designer of the renowned magazine Alfio Crancik. The speakers were analyzing the reasons which led to the current global financial crisis. The paper describes and comments on the Prof. Franza very well the current topic with facts, economic situations from which it has been a valid argument that they deserve to be read . " The economy is not an independent variable, so much so that the policy is linked to it, and where there is a lack disasters happen," says Hon. Moffat in his speech, adding " often over time are lacking those coordinates that define politics and economics." Rosseti expressed during the his speech, the policy should prevail on the economy, Dr. Holland continues, stating that the paper sets out the major tenets: that of privatization, the private economy and the globalization of finance. What is certain is that the theme was of a certain thickness, the economy actually is none other than a set of mathematical systems and graphs, but Franz has expressed them through the daily realities, making it to achieve maximum understanding by public. "I wanted to understand through a logical, careful analysis, as could happen in a crisis so large in a democratic system of governance, made up of independent auditors, of economists, financial analysts and many supervisory authority " the author says, and continues:" Recent ravvisaglie we have had already in 2006 but we were not confident enough to face them and understand the alarm. Through various tests I conducted, - explains Franz, among other topics supported, there is one that I would call trivial, perhaps because it deemed by the general society, which is to ask the question what is a debt when expenditure is defined cost debt and when we can call it investment, and that is where we begin to understand the way the economy and financial crises. " The issues involving the public in a constructive debate. The essay is not only a working instrument for institutions, financial institutions and corporate managers but also to professionals such as accountants and business advisers. Franza says speaking of the Dragon (China): " Chinese economy is undermined by the imbalance of the various regions that comprise the territory, whether there will be less overall demand of Western countries to China, the" Dragon "will respond with most domestic demand if it finds the courage to support the development of wages, thousands of workers still underpaid . "In this reflection of Franza is evident that the study of "social dumping" for which the minimum cost of the exported product, which reaches the final consumer, it means low wages and less protection for labor protection with increased risks in the workplace, labor exploitation child. These elements are already sufficient to understand that "patient market" which set the global crisis in large companies, where it appears that no system of social labeling has been able to turn more control over the product to boost sales and bring the market in balance. The essay, which is widely appreciated in the business sector, is an exclusive edition of the "Borghese", for more information http://www.il-borghese.it/ .
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