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Se pierde confianza en el dólar como moneda de reserva



Aportación de Jesús Alberto Cano Vélez (*)mx.ibtime

Lo que ocurrió la semana pasada en los Estados Unidos, entre los legisladores republicanos y el gobierno Demócrata de Barack Obama, fue el inicio del fin del dólar norteamericano como centro del sistema monetario internacional.

Enseñaron el cobre en su compromiso con el mundo de garantizar que el dólar podía seguir siendo confiable para cargar con el peso de ser la moneda de reserva mundial.

Pero pesaron más sus pleitos políticos internos, que su interés en cuidar sus compromisos financieros internacionales. Jugaron a la "gallina", para ver quién se rajaba primero; y en el proceso, mostraron que no les importaba tanto poner en grave riesgo a la economía mundial, porque primero tenían que resolver lo suyo.


Y empiezan a verse las reacciones de los países

México, por ejemplo, sólido aliado de los Estados Unidos en materia económica y financiera, reaccionó convirtiendo un número importantísimo de miles de millones dólares -en dólares-- de su reserva internacional, a barras de oro. Falta ahora por ver hasta dónde y cuándo la avalancha de desconfianza del resto del mundo se hará sentir. Rusia, por ejemplo, ya dijo que desconfiaba del actual sistema monetario internacional, con el dólar en su centro. Y China, hace meses, dijo exactamente lo mismo.

De hecho la debilidad mostrada, por esa otrora poderosísima moneda, es atribuible a los graves desequilibrios económicos de Estados Unidos, consecuencia del costo de sus guerras y de sus políticas económicas y sociales deficitarias, que se han venido financiando con la emisión de billetes dólar, en vez de con su recaudación tributaria, merced a su posición como emisor de la moneda de reserva mundial.

Para México es particularmente peligroso, porque nuestro vecino del norte va a tener que reducir su gasto interno -público y privado-- al nivel del ingreso nacional generado por su economía, porque cada día más el mundo va a rechazar recibir billetes dólar como pago de su déficit de balanza de pagos.

Quiere decir que un tipo de "patrón oro" va a ser el que tomará su papel, y guiará los ajustes de balanza de pagos entre los países --unos deficitarios y otros superavitarios-- como ocurre con nuestros países cuando nuestras balanzas de pagos acusaban déficits "fundamentales" y al Fondo Monetario Internacional le toca el ingrato papel de decírnoslo y de obligarnos a poner orden en nuestras políticas económicas, a cambio de apoyarnos con oro o divisas para solventar lo que nuestras reservas internacionales no alcanzaban a cubrir.

Y Viene lo Peligroso para Nosotros

Quiere decir que para empezar a equilibrar su balanza de pagos, los Estados Unidos van a tener que seguir políticas recesivas, algo similares a las que están teniendo que aplicar los griegos, los portugueses y españoles, los irlandeses y los italianos. Pero obviamente con mayor gradualidad porque tienen recursos para aguantar un ajuste paulatino.

Pero aún así no se escaparán de sufrir una importante reducción en su ritmo de crecimiento, lo que será políticamente muy delicado para Obama y su gobierno; para Calderón y el suyo, y para todos nosotros los mexicanos, que posiblemente entremos en recesión.

Ahora sí es que vamos a lamentar no haber tomado medidas para hacer crecer nuestro mercado interno y para abrir espacios en la dependencia tan casi total que tenemos con la economía norteamericana.

Brasil y los países de Sur tuvieron la razón. Analizaron bien las tendencias económicas de la historia. Y nosotros nos quedamos con un Presidente y un Secretario de Hacienda burlándose de lo mal que lo están haciendo Francia y los otros.
Publicado por Chris en 17:44 0 comentarios

domingo, 29 de mayo de 2011

Foreclosure prevention offers 4 choices, each depending on a property owner's unique situation

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Other categories Business & Finance › GeneralYou are in: Home » Business & Finance » General » Sarasota Foreclosures - 4 Strategies For Avoiding Foreclosure!Sarasota Foreclosures - 4 Strategies For Avoiding Foreclosure!
Apr 8th, 2011 by SarasotaRealtor
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Foreclosure is NOT the worst that can happen to you. 4 "options HELP homeowners avoid foreclosure - real Foreclosure Defense might help you save your home or avoid getting chased by debt collectors for up to 20 years.

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4 "Options HELP Homeowners Avoid Foreclosure - Real Foreclosure Defense!

Foreclosure prevention offers 4 choices, each depending on a property owner's unique situation.

No matter what you might hear, avoiding foreclosure is NOT a one-size-fits-all solution.

Every property owner's situation is unique:

1. Some property owners want to try to save the house.
2. Other property owners want to unload the house.
3. Some property owners clearly suffer documented (financial) hardship.
4. Other property owners clearly do NOT suffer documented (financial) hardship.
5. Some property owners have one mortgage...on which they are current.
6. Other property owners have 2 or more mortgages on which they're many months in default...an HOA/condo lien...a code enforcement lien...on a funky property with scattered comps.

With just 6 examples, do you see what I mean?

No one-size-fits-all solution exists.

Warning: Florida is what is called a RECOURSE state. What this means to you is that losing a home to foreclosure is NOT the worst that can happen to you. Getting rid of the noose around your neck is your ultimate objective. In fact, some people actually walk away, simply to lose the noose. What they and you (probably) don't know is that losing the property does NOT lose the debt obligation!

Discover the 4 most popular options for avoiding foreclosure and WHY you (or anyone you know in a similar situation) MUST NOT walk away from a house or allow a house to go into foreclosure.

FORECLOSURE IS WORSE THAN LOSING A HOME!

Let's get something out of the way: in Florida (a recourse state), a CREDITOR (bank for instance) legally can repossess your house AND demand payment for deficiency.

Questions for you:

1. What is YOUR state's foreclosure laws?
2. Are you in a judicial foreclosure state?
3. Are you in a RECOURSE state?

What this means is that if you walk away and/or the bank forecloses on you, the bank eventually will sell the house.

Let's say you owe $400,000. The house is worth $100,000 (see below what happens after you walk away from the house). The bank adds another $50,000 in legal fees & all other fees/penalties to push your debt obligation to $350,000.

Bank (debt owner) unloads your house for BELOW market value at $90,000 just to get rid of it quickly. In fact, when you walked away from (or abandoned) the house months earlier, you didn't know thieves broke in to the house and stripped it down, stealing everything inside AND outside the house including but limited to:

1. AC units - both compressor & air handler
2. Pool equipment
3. Pool cage - shredded to pieces.
4. Kitchen appliances - gone.
5. Kitchen cabinets, top and bottom - gone.
6. All copper plumbing lines in house - gone! Yes, it does happen.
7. All bathroom fixtures - gone!
8. Swiss cheese drywall - vandals punched holes in drywall at every inch of house.

I could go on and on...but you get the point.

Bank foreclosures, get JUDGMENT against you. In Florida, a judgment creditor has up to 20 years to chase you down for satisfaction of judgment.

* Judgment creditor can get a garnishment order against you - and garnish your wages.
* Judgment creditor can seek and receive a bank levying order - and empty your bank account(s).

Bottom Line - You CAN lose your home (and) be on the hook years later for $250,000 debt obligation!

So, what 4 choices exist for property owners?

1. Loan modification -- Mortgage debt owner modifies the terms of the property owner's mortgage to make the payment affordable. This modification may or may not involve principal reduction;

2. Short refinance -- Property owners with more than one mortgage and the minimum credit scores to qualify to refinance both mortgages into one mortgage with a better payment and interest rate might qualify for short refinance;


3. Short sale -- For property owners who don't want to keep the home and/or can't qualify for loan modification or refinance, short sale (hopefully) allows the property owner to sell the house for today's value and walk away with ZERO deficiency owed - FULL PAYOFF AND LOAN SATISFACTION. That is the objective of short sale. Whether or not that happens depends on the property owner's true financial condition. By the way, a short sale simply is a sale where the mortgage debt owner allows the house to sell for LESS than what the borrower owes;

4. Bankruptcy -- Some property owners never consider short sale when they can't afford a house. They believe their only option to get our from under a house is bankruptcy. What you need to realize is the bankruptcy attorney with whom you consult doesn't get paid to advise you NOT to file bankruptcy. Therefore, YOU must know your options. If you have overwhelming debt in addition to a house where the "bank" or "banks" will not approve short sale, you might be a candidate for bankruptcy. If you want to keep the house, some bankruptcy attorneys advise filing bankruptcy to discharge any 2nd mortgage and to stop the bank from foreclosing as the bankruptcy judge forces the bank to modify their mortgage.

To choose the best strategy for you, talk with your realtor, real estate attorney AND your tax professional. Clearly, I am NOT an attorney and I don't pretend to be. I've sat through many (many) meeting with customers and their attorneys. In no way should you think there's a one-size-fits-all solution for keeping or getting out from a house.

Sarasota foreclosures always get me thinking about what happened (or didn't happen) to cause foreclosure. Clearly, foreclosure is not just a Sarasota real estate issue. This is nationwide! If you or someone you know wants to buy or sell a house in or around Sarasota, PLEASE call me now to discuss your options. Should you ask me, I gladly will refer you to a VERY INFORMED foreclosure defense attorney. Please scroll down to leave a comment, share an experience or ask a question. What foreclosure situation has a friend of yours encountered?