COMPASS OF WAITS IN THE EURO ECONOMY

You finishes October and if something one can say of this month it is that it has belonged to it but moved of the year, it has been made of everything, meetings, postponements, suspense, threats, rough, debt condonations, establishment of rescue plan, doubts of the rescue plan, but you threaten, it breaks of a silly American investor, Trichet finally leaves, let us wait that we don't toss it in lack the month of November, but good the end of the month is liquidated in positive in the markets, then we should say that well that is that well ends up. 

Now to see that it affords us November, besides the cold the meeting of the G20 promises to be intense, everything points that they will take seriously at the moment the measures that will be adopted in her, the differences Europe versus USA they are total, while the FED thinks an action, in the Europe it is requested to the new director of the BCE just the opposite, good beginning. Frankly I don't care the controversy of views and actions, that that if I care it is the immobility in that the European authorities have settled after the tired decisions taken in Brussels.  

It seems as if understands that the problems of the euro are already solved and of the sovereign debt, with the single fact of enunciating the headings of the holders of the economic press, it is exasperating, between these holders and today, the Italian debt has been shot above 6%, the unemployment in Spain has been shot to 22% the Spanish GDP he has stagnated, that of Europa almost also, that if to Germany they have played him 54,000 million Eurus, I suppose playing to the "hiding English"  place, I don't know if you come it same but everything together smells not well very bad. 

To make matters worse of my surprise today I read that non alone Europe has not made anything to create its own rating agency, if not that it has registered the three Anglo-Saxon corsairs more one more that lowers of the mountains of the Canada willing to sell our skin of the bear before hunting it, The European regulator of the financial markets (ESMA) he has announced today the registration of the rating agencies, a step required soon after the changes settled down in the regulation on the sector.  

The signatures registered by the Union Europe have been the three big American Corsairs (Moody's, Standard & Poor's and Fitch) next to the Canadian hunter Dominion Bond Rating Service (DBRS). The registration of the entities is guided to reinforce the supervision on the paper of the rating agencies. "Supervising those entities, ESMA will contribute to the quality of the ratings, crucial for the good operation of the financial markets and for the protection of the investors", not if at the end they believe it to him it is incredible. 

It is intolerable that it is continued giving turns to the same topics for already two years to that worry only about covering bills in red ant and another time, to see who he keeps the "monkey", and he comes to give turns and turns to the debt, while nobody worries about seeing I don't already eat to pay it, but as stopping it because of anything it serves that one believes a bottom of a trillion, or two, or three, to give trust to the markets, this the only thing that gets, if one doesn't make the second part, it is to encourage to the markets to speculate but with the debt, because now they have insurance to charge a trillion Eurus, so he comes happiness, to ascend the it interests of the outlying debts, and to brake the development of the productive economies of Europe, this way among the two effects go them increasing, now they have career for a trillion when they arrive they will go to for the two trillions and so forth. 

And neither the Union Europe neither Germany neither France know that it is necessary to make and they continue them putting traps one after another in form of meetings of G-6,10,15,20, etc. that they are not good for nothing else that to be in evidence an and another time, and to leave them with but commitments of paying, but never with a solution of how to finish getting paid, it is necessary to be truly stupid and unable for not realizing that we are filling them the arks to the other economies, with the help of emptying ours. 

To see if they understand it once and for all our European leaders, stop stays in contained Brussels if it is necessary, without being able to leave neither to the hotel, and not establish a plan of payments, but of reactivation of the productive economy of Europe, I help them they go down the price from the money to 1% already, force to the banks to lower the Euribor in a relationship of 0,25 points on the official price of the money settled down by the BCE, otherwise the credit to the industrial activity and the consumption didn't lower, let that the inflation ascends until 6% maximum, and for the god love they devaluate the euro like minimum 15%, putting the machine of manufacturing Eurus to work to fill the credit lines to disposition of the companies and society. 

Alone reactivating the economy will decrease this way the sovereign debts of the countries of the euro, otherwise every day they increase but an but, like they can reduce their debts economies that their GDP is growing on the average to 0,6% or less, and the interests of the debts are in 3-4% they make numbers, I believe them able to arrive until that simple one I calculate. The sovereign debt won't decrease neither in Germany, until the GDP of the countries or the European average are not in +3,5%.