miércoles, 15 de febrero de 2012

THAT THEY WILL MAKE THE COUNTRIES OF THE EURO LATER OF THE GREEK EXAMPLE



The Euro group has abandoned the conversations with Greece, arguing that the Greek political leaders had failed when signing the required commitments. But the division is not limited to the Greek political environment. The differences appear in the breast of the European Union and they put in risk the rescue, as it highlights 'Financial Times.' 

The British newspaper makes stress in the growing differences that they go arising in the "group of work" of the euro area regarding the measures to take with the Hellenic country. Representatives of some countries consider that Greece should not give for fact a second rescue. The delay in the I unblock of the 130.000 million proposed Eurus it accentuates the possibility that Greece incurs definitively in a default 'disordered' next month, when it confronts debt expirations for value of 14.500 million Eurus. I don't agree with this version a so much catastrophist and very to the convenience of the to feel Anglo-Saxon that interests him a confusion more than notable in the economy of the euro, since this it is the only way to sustain the Libra and his own. 

Also Olli Rehn, with the support of the European Central Bank and of the French Government, it sustains that their consequences would be "devastating". But it is that these trials have the same value that that of the Financial Times, both, character and institutions fear that the one takes down of Greece of the euro, of in fact via free to two realities, one that the liberated markets of the uncertainty breathe once and for all and to compose their activity slept in europa, and two that Greece solves its problem of social stability perfectly and accommodate its economy to the rhythm that he should not never leave. 

On the contrary, from the governments of the countries that conserve the 'triple A', especially Germany, Holland and Finland, they are losing the patience" and they don't discard to allow Greece to fall, they aim sources from the euro zone to the 'Financial Times'. These governments argue in favor of their theses that the financial markets already have practically discounted the crash of the Hellenic country, for what their consequences would not be so devastating. I believe that it is this way, in these moments 95% of the economic specialists of the world gives for fact that you cannot continue burying money in a country whose civil society, and most politics that will be after the elections of May, doesn't agree on accepting the situation to which they are forced to accept now. 

In this sense the German minister of Finances declaration, Wolfgang Schäuble of last Monday would be framed, when he/she underlined that the euro zone is "better prepared than two years" ago to fight with a default of Greece. This declaration confuses me a point, because I don't know very well to that the German minister refers with being "prepared" prepared so that, I ask and to who refers. To the europa of the euro it didn't affect him economically speaking for anything the crash of Greece, the losses that the forks of Greek debt will suffer already have them more than counted, and Greece stops it is the only way to leave alive of the war, if Greece maintains alive the illusion of making front someday its debt, never more it will leave the misery, alone he worked to pay interests it not even ended up redeeming debt. 

I imagine that Wolfgang Schäuble is possible that he wonders, for what will be able to the day to pass after the exit of Greece of the euro, and there yes that give him the reason to be concerned, because that that yes it is evident it is that after this almost confirmed step, the markets pointed like it is natural toward the other economies that could take the same solution, that is to say Portugal Ireland Spain and Italy. And it is certain this could happen but friend Schäuble, this you have to already outline it without delay, and to realize that if the recipes for these four countries, continue being the same ones that the employees to save Greece, don't doubt it, they also left the dead economy of the euro. 

And this it is the point to which wanted to arrive today, the economy of the euro or of the euro area like want to call himself, although I prefer to denominate it the economy of the euro you can qualify like a dead economy, or being benevolent an economy in deep coma. Gentlemen political and economists of the European institutions and European rulers, the economy is the science and the tool to be used with the purpose of making prosper the goods, the security, and the social freedom of the towns, and in the moment that an economy becomes in just the opposite, it produces crashes, debts, cuttings, unemployment, poverty, industrial deceleration, and indefensión in front of other economies, this economy one can say that it is dead, it doesn't fulfill its purpose, it is a failure in our case he would say that generational. 

So it is this the vision that they should take from the political heart of the europa of the euro, don't lose the time saving countries, save the euro and their economy and that will make them to survive alone the countries that share it, have mentioned it numerous occasions and today I make it again, the euro is for that reason outside of its real, and alone value it cannot support a parity of 30% above the dollar that they don't understand it, I don't want to continue accusing Germany of that, because the euro area is not exclusively Germany although if Germany is unfortunately the cause of the illness of the euro. 

But it is it for blame of the other ones that they allow to make, because they feel guilty of the situation and it is not this way, but just the opposite, the situation created by the excessive value of the euro, it has taken out to all the economies of the euro outside of the productive competition of the international markets, in such a way that is practically in viable to begin in Europe an industrial recovery, investor, real estate, to sum up infrastructures, to maintain consumption, etc. has put on our standards of level of costs, in an unreachable stadium for 80% of the own area euro, this is the problem that maintains prostrate and in coma to the economy of the euro, because the blood that should take the I oxygenate to the cerebral cells it cannot reach it the road it is too far from the heart. 

The euro should allow to reactivate the productivity of Europe, and that alone it will get it if it is located in its competition level in front of the reality, and I understand that the economic commission of the ECOFIN or to the BCE to who corresponds him, should devaluate the euro like minimum 20% and to make it with the help of injecting a lot of but liquidity in the consumption market, so that it is invested and the industrial fabrics are reconstructed and be lowered the unemployment, and the mini salaries that is profitable that the big multinationals think about to return part from their productions to Europe, because this it is the competition, it is not the fight to see who has it bigger (I refer to the foreign currency) but who has more employment, but productivity, but economic, and more future balance. If he doesn't understand each other this way, Greece will be the first country in abandoning but I assure them that it won't be the last one   

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