THERE ARE MOMENTS THAT I DOUBT THAT THE "BCE" IS THE EUROPEAN CENTRAL BANK

All the economic specialists and agents of the market, agree on qualifying of weak the state of the economy and the persistence and almost worsening of risks to the drop for the general economy of the area euro, and their comments make not very probable that the BCE thinks about at the moment to carry out in an immediate way a strategy of exit of the expansible monetary politics. This is to me to understand a technical or tactical absurdity as they prefer, they will see if it is resolved that the political formula to continue for the European economy is that of debt cuttings and saving of costs, it is evident that the European foreign currency should follow the same road to help and not just the opposite, the expansible situation of the euro, forces to care more than to export, then believe less productivity internal and more unemployment, with that that the global economy of the euro area, neither he has saving he doesn't have reduction of expenses because the commercial scales begin to be negative and therefore he has to appeal to but debt to cover it. 

Mario Draghi, it should expose clearly which the politics of the BCE is in relation to its product the euro basic product for all the economies of the countries of the euro area and how he plans to act on the recent hardening of the financial conditions for the appreciation of the euro, the BCE refuse to comment the exchange rates, it is limited to say that the entity doesn't pursue an objective exchange rate and he only responds to the fluctuations of the markets of foreign currencies if they can create risks to half term for the stability of prices, this to me to understand would be well if the BCE was not the European Central Bank but it is that it is it its client they are not the economies of the euro area the international market he goes this way at least I believe it me. 

The appreciation of the euro in the last six months that it was intensified last, reflective week the decrease of the risks in the area of the euro, the improvement of the trust in the financial markets and, of the managerial trust, so that I deny the production totally in the euro area the GDP it falls he even falls in Germany this last trimester the unemployment it is increased in the whole union, the only thing that is certain that he strengthens it is the I swindle financial of the BCE and it is that same that makes that the foreign currency that the one protects is appreciated but this is a game that the European government politics cannot admit we are not here united to create a bank or a strong currency we are united to create a combined economy and a strong market that it allows us to give work and social growth for all the European societies united in the Union, and this unfortunately not this happening. 

The euro was changed on Wednesday above 1,35 dollars, but last week it arrived to the 1,37 dollars. From Monday, the unique currency has lost positions again for the political risks in some countries of the area of the euro, as Spain and Italy whose cousins of risk have also ascended. But today is to 1,355 dollars again this is frankly untenable alone I want you to think as example that a vehicle manufactured in europa that is sold in Spain by 20000 € its price in dollars is of 27,000 $ then it is evident that there or in Japan, or in Chinese, they will buy an alone Japanese or Korean car for this concept. And this naturally to avoid it he forced the European maker to reduce their export margin to balance the competition this takes place lost that dried lowering expenses, investment, production and employment. It is clear. 

Financially it is possible that the action hard of the BCE and of Germany they have been able to save the euro of course, The banks of the area of the euro have returned to the BCE 140.643 millions of Eurus of the trillion that lent them one year ago the monetary entity in two auctions with a three year-old expiration and the possibility of returning part of the cash later one year, but it is that now if the euro doesn't save us, to the societies that we use it and we feed him, alone it was in foot a foreign currency that will be stupendous for the speculators and international financial markets but that it will be the flagstone that ended up burying us to all first floor the weight of its success.