ECONOMIA DE PORTUGAL - OECONOMIA LUSITANIAE - ECONOMY OF PORTUGAL

Airplane of TAP with a rainbow in a beautiful photo of Rui Alves (http://www.planespotters.net/Aviation_Photos/photo.show?id=120114)

Light and darkness
Sun and rain
Portuguese fatum of sadness
Going in airplane or train

The rainbow of Poortuguese Economies
Become from Economic Societies
And her valiant and resilent Families
Not from State and it economic policies

General Government is a heavy burden
Over the Lusitanic and Latin Nation
Don´t have the coarse kindness of a hurden
For support it creation and action

Plunged in vicious circles without harmony
By an incredible Political Society
After Troika intervention
Still in the same negation


We can see how Families and Economic Societies react to adversity: the firsts financing Economy, the seconds decrease them net borrowing and increase them available income. And General Government? Parasite Nation directly and indirectly by giving to a lot of persons income without merit, withhout contribute to the creation of value in the past or in the present.

The Instituto Nacional de Estatística published the Accounts by Institutional Sectors (third quarter of 2013, current prices) and we create this kind of graphics and tables betwwen since the first quarter of 2008: State is worst again without a deep reform and only with detached measures!

For Economy decreased added Value, Consumption and Investment. Saving increased by Families and net borrowing turns net lending despite General Government disaster.

Exports by merit of Economic Societies and Families begun it growing in the firt quarter of 2010 and imports decreased later with austerity and it strong impact over consumption and investment (internal demand) in a strong devaluation of internal market.   

 In Economic Societies Productivity of Employees increased after a lower level in second quarter of 2009. Economic Value created increased until last quarter of 2012 decreased in first quarter of 2013 and regain the same level in the third quarter. Government talks about growing but in fact, level of last quarter of 2012 are not reached, are distant yet.

 Families cut them consumption after the elections of 2011, PSD+CDS+Troika rise (second quarter of 2011)... and after available income begun decreasing in first quarter of 2011. Saving increase since the lowest level of the second quarter of 2008 with a continuous decresing of investment.