You know my repeated theory almost to newspaper that the UE is draining and
they also know that my theory is that who brakes it is Germany I believe that
today they have become visible the tests of it. The succession of bad data
macro in the last weeks has ended up to force Berlin to revise to the drop its
expectations of growth for this year and the following one that pass to be
located respectively in 1,2% and 1,3%, in front of the previous estimate of
1,8% in 2014 and 2% in 2015, as consequence of the geopolitical tensions and the
deceleration of the world growth.
These data like he said they confirm that the UE stops but another of the
facts that they support my theory is that he goes he is necessary to make five
months that the elections took place the different cameras of government of the
entities in that the UE is divided. Keeping in mind this like he can explain to
himself that still the UE this without making anything is not administration
action in anything in none of their attributions nobody it is not acting with
the problems that the politicians and the economists assure like he is
justified that almost spent five months they are not in the middle of yield the
commissions and the experts of the UE.
That or who retains everything because when passed May 25 you vote the
economy was in progress the atmosphere it was of exit of the crisis and because
today we read all that "The German economy navigates in turbulent waters
for the geopolitical" tensions, it recognized in press wheel in Berlin the
minister of Economy and Energy of Germany, Sigmar Gabriel. And it also
expressed the concern of Germany for the growing uncertainty and the moderation
of the growth of the global economy, while the strength of the internal market
remains "intact" on a robust labor market that impels the expense of
the homes.
That Sigmar Grabiel is saying, because simply our market of 80 millions of
German tolerates us our basic economy with its internal consumption and with
our exports we go throwing and the one that doesn't follow us that he gets off
the train of that clear UE. In this sense, the macroeconomic square of autumn
of the German Government contemplates a growth of the exports of 3,4% this year
and of 4,1% the next one, while "The central force that impels the
economic dynamics at domestic level will stay because it is the good state of
the labor" market, the Government German wait that the economy generates
325.000 employments this year and other 170.000 in 2015.
As consequence of the good health of the German labor market, Berlin
considers that margin exists for ordinary "ascents of wages" that it
calculates in a he runs off with of 2,6% in 2014 and of 2,7% next year, what
will accelerate the increase of the available revenues for the homes in 2,2% in
2014 and 2,9% in 2015, in front of the increment of 1,8% of 2013. Meanwhile
Germany and the UE and the CEOE advise mainly to the other Spain that it lowers
the wages, hear that but they want to read to realize Germany he leaves and
they don't doubt it the UE it is taken with her and like he said before the one
that can ascend to the train that he runs and the one that not that he stays in
earth.
For the long term growth the prosperity of the UE, the investment plays a
key paper and Germany should invest in its infrastructures and to improve the
environment for the private" investment, but it is evident that he doesn't
worry about UE at all it schemes it he has started but it won't drag any boxcar
Germany he wants that the whole train of the UE is a convoy of schemes it
accepted that some go more quickly than other but that nobody waits that he is
towed if he stops.
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