Enviado: 4/9/2011 23:44
Elias Escreveu:Bem, a economia real não depende assim tanto da bolsa para poder sofrer directamente com o HFT, ou depende?
Claro que depende!
Os mercados decidem em grande medida para onde vai o dinheiro e quais as empresas que sobrevivem, entre outros exemplos.
Já agora, dá uma olhada nisto (o tema é ali a "Grande Depressão") pois tem tudo que ver com a relação entre mercados e economia real:
Disparities in wealth and income
Two economists of the 1920s, Waddill Catchings and William Trufant Foster, popularized a theory that influenced many policy makers, including Herbert Hoover, Henry A. Wallace, Paul Douglas, and Marriner Eccles. It held that the economy produced more than it consumed, because the consumers did not have enough income. Thus the unequal distribution of wealth throughout the 1920s caused the Great Depression.[26][27]
According to this view, wages increased at a rate lower than productivity increases. Most of the benefit of the increased productivity went into profits, which went into the stock market bubble rather than into consumer purchases. Say's law no longer operated in this model (an idea picked up by Keynes).
As long as corporations had continued to expand their capital facilities (their factories, warehouses, heavy equipment, and other investments), the economy had flourished. Under pressure from the Coolidge administration and from business, the Federal Reserve Board kept the discount rate low, encouraging high (and excessive) investment. By the end of the 1920s, however, capital investments had created more plant space than could be profitably used, and factories were producing more than consumers could purchase.
According to this view, the root cause of the Great Depression was a global overinvestment in heavy industry capacity compared to wages and earnings from independent businesses, such as farms. The solution was the government must pump money into consumers' pockets. That is, it must redistribute purchasing power, maintain the industrial base, but reinflate prices and wages to force as much of the inflationary increase in purchasing power into consumer spending. The economy was overbuilt, and new factories were not needed. Foster and Catchings recommended[28] federal and state governments start large construction projects, a program followed by Hoover and Roosevelt.
http://en.wikipedia.org/wiki/Causes_of_ ... and_income