CONCERNS ABOUT THE FUTURE

CONCERNS ABOUT THE FUTURE

Developed or emerging economies are all problematic; they are also unable to produce solutions based on compromise. They were obliged to create and market optimistic scenarios from the trade volume that rose by 2.4% based on the rise of commodity prices due to oil with its reduced supply in the last quarter of 2016 and on the concerns of protectionism. Naturally, the lifespan of this kind of constraints is limited, and those who are caught up in dreams and confuse the danger with the opportunity can not escape from becoming a prey. As the systemic risk rises to new records, to elaborate optimistically upon the dollar interest’s rise does not solve the problems. 

The political developments in developed countries and the geopolitical risks in the emerging ones should be seen as the pitfalls of these negativities. In the first quarter of this year, we partially consumed the remaining painkillers, and we managed to content ourselves by exploiting the shadows of the somehow temporary and optimistic scenarios. We gave a pause to the tendencies towards increasing destabilization for a while. We have to prepare for the fact that the next set of negativities will not be overcome in this way. The present structure can not overcome the problems that it produces, the unexpressed solutions seem to start to impose large and long-term self-sacrifices.