SAVINGS, PROS AND CONS - Private savings of Italian families has made it possible to prevent the global financial crisis and then the economic overwhelm Italy. The limited private debt added to the Italian public deficit and debt of firms showed that Italy is in better shape overall debt exposure as compared to other countries that have a lower deficit, but a private debt out of control.
Italian culture of savings, however, also has two drawbacks: first, limits the growth as capital is not put into circulation as consumption (and only partly as loans from banks). Second culture induces a little proactive in their children in finding a financial professional and economic success since it is expected to benefit from an inheritance (whatever the value thereof) in addition to what you can do it yourself. The "child savers" are culturally inclined to have expectations about how and when the parents would have left a legacy of the savings. This culture can only increase the syndrome of "big babies" and therefore decrease the drive for autonomy and economic and financial growth.
exaggeration, but not too much - So alternative diametrically opposite to that currently in place could be the following: we tax the succession to 100%, investors have no incentive to leave their legacy, save until feel they have to still have a cushion of protection for their occurrences, and by the end of his days spend all the expendable, the economy enjoys it and the children need to go immediately to gain economic sustainability that no one can give them with the ' inheritance.
Too? Maybe. And then, how do you know when you die .... program spending and thus to avoid taxes?
COMMON SENSE - As always, therefore, the two extreme bounds. With reference to "normal" cases, ie people who do not need special assistance, common sense should come from individuals who could do the following reasoning virtuous is not culturally healthy lead children to think that parents will do anything so that they can work as little as possible because they can count on a property, no matter how slight it is. A parent should feel reasonably good if doing the best effort coming in to leave a "roof" of ownership to a son, a house which today is the primary asset (excluding health, bread and water). Already 80% of Italians own a house, then the effort is less than you might think. Without this, the parent (and the economy as a result) should consumers who wish to enjoy, whilst allowing the children to quickly find its way to the economic livelihood.
But you know, a child is nu Piezzo 'core, and for them everything is being done. But we are doing everything we make sure that their benefit in the long term?
T2M
http://toc2mi.blogspot.com/ Search and visit Tok2me on Facebook 
0 comments:
Post a Comment