My Dog Crawls Under My Bed

It is not normal credit growth in Mexico, says the president of the Mexican subsidiary of Santander

sexennial Miracle. Hernández.

credit to businesses and families began to grow in the country at a pace that is not normal . Marcos Martinez Gavica, president of the Mexican subsidiary of Santander, states: what is happening right now is not usual . It refers to the fact that, after the break marked by the 2009 crisis, bank lending has picked up now at a rate four times that of the overall economy. Source: La Jornada

After living one of the biggest economic crisis in Mexico, where bad loans rose to historic levels, we read in the news a surprise surge in credit, it is described by the president of the Mexican subsidiary of Santander as "abnormal." The obvious question: Abnormal or banker they plan to cap it people go into debt? The short-lived enthusiasm, product the quixotic suffered by our rulers, is giving way to "suspect" so that the same bankers are asking why the "sudden rise" in a country are clearly beaten by famine, a crazy war and social inequality really scary.

handled gay figures in power, which not only welcomes the increase in the placement of credit, but it is said that the purchasing power of Mexicans has grown considerably, it seems truly an insult to those who, our salary, we went to find a way to feed our families and just can not find how to stretch resources. It scares me, not me surprising that they want to make it appear that the country's economy runs smoothly. The real concern is the short memory we have, how easily we can fall into the temptations of those who bribe us, indirectly, saying "take your credit , buy what you want and think we're good. " In plain words: shut up and follow endeudándote because that way "you will live better."

Not long ago we read the concern of those who today throw from the rooftops about the consumer credit had gone to the floor and shops were alarmed by the slump in sales. Nor should we forget the families who lost everything by RIEF to sell his soul to the devil to pay the bank. Let us also suicides by debt, despair, unemployment experienced by the thousands. "Everything is resolved soon in a country that now totals 40 thousand dead in a war that nobody asked for and has given rise to many capitals have fled from here? In a country where tourism keeps coming to the Mexican beaches for fear of dying without deberla shot or fear it? Where shops are closed? Just read the news every day to know that the product of his little war against narco were orphans and destitute children, many families have given up their homes to Infonavit at the border because they can not afford it or because they decide refuge elsewhere to save his life. All this seem to forget who today applauded the economy to grow and offer people the plastic money without restriction, knowing that many can not afford.

The cheapening of credit and is again knocking on the door. And whoever receives a card. I have offered various, saying that "no matter who is in the credit bureau." The last straw. Those who have lived through times of terror by the payment problems, by the pursuit of offices, for the anguish of not knowing what to do, what we want is bread and circuses. After nearly three years of the boom of the crisis, that many busted by the use credit cards, those that came to us without asking and that was our "salvation" in a time of darkness and then be our plight, we can not believe that will magically make things better. Or rather are a virgin to keep eating speaks of the people, to further fuel corruption in the offices, to justify Condusef ineffective in solving problems.

important thing is not what they say, if people they are created and not fall into their traps because then returning to use credit sprees begin the real issues.

I do not think that anything is "abnormal." All this smells like a trick of the bankers and their pimps, knowing that the more credit is granted, the interest rate is and charging whatever they want, it will continue to protect a sector of the population and grinding to the next. They should fit prudence. Not because they give you credit, you should use. Do you can get too expensive.