THE EUROPE OF THE EURO THIS IN THE RUIN?

When an organization is surviving to as many economic and political disasters as he is making it the Europe of the Euro, alone there are two conclusions to take in consideration, or it is lie and they are manipulating the reality, or the worst thing, it cannot sustain the debacle that would mean its fall and he resists for obligation. 

We will consider the matter from the worst point of view the abrupt end of the euro that is unfortunately the virus that poisons in these moments the political solution and the economic viability, of the European Union in definitive. It is not that with this reflection he means that for blame of the euro Greece is in crash, Italy also, Spain has spent more than the bill, France goes to losing its economy little by little, it is not that but that that yes it is clear it is that the euro didn't take us rather on the contrary out of the well. 

The reality is the one that is, and it coincides that with the organizational system that the European union has you it imposed in its day to work, a brutal economic anarchy has been created, when surprisingly what was sought was the opposite. The fact that some commissions and central parliaments, without any control attribution, on the governments and political national of the participants of the European union, they have allowed that they have been acting without knowing exactly in any moment, the economic reality of the partners, this has taken to the union to not to control in such a way the situation that today is impossible control it again. 

Of course that this takes us to the conclusion, that the authentic culprits of the situation are the own countries of the area euro that have not known how to act with the appropriate responsibility, they have not known, or they have not wanted, because rather I that the shots go for this side find it, in the bottom my diagnosis, is that all the countries have wanted to be as the one that more, as Germany I put as example, because I suppose they wondered the rulers and the society of each one, so that we are in the European Union if we cannot live better, ambition of the human being. 

This reality, it has not left to it floats until this catastrophe moment, contrasted and verified, and the worst thing is that it has not been for own initiative of the European union, but because the external financial markets that if they realized the real situation, of the disorder of the different economies of an European Union they realized that in no way that was an UNION OF NATIONS but an union to the force of an economy marked by the euro.  

Well the question is the one that we have today on the table, and the analysis of the situation it doesn't present us more than two solutions: To assume the failure and to rectify it political and economically becoming the Union of Nations of Europe, or just the opposite to recognize the fiasco and to undo it returning to the fair starting point previous to the appearance of the Euro, when the structural differences of the partners, didn't influence more than in the own partner, to opt for an or another alternative, what is necessary is to value the situation and the figures to use to understand it, they are the following ones:  

When you implants the euro their value of change in relationship of the dollar it was he/she gives. - 0.903 $/ € Today the euro is in a value of 1.12 $/ € that is to say has a revaluation of 24%. 

The GDP of the euro area is of approximately 12.188.781 millions of € 

The debt of the area euro completes beat the 9.000.000 millions of € 

The debt supposes 74% of the European GDP then, the debt on the whole if the data are more or less reliable, it is not outside of control the group of the euro area he can make in front of this debt, for it the value of the € stays in the international markets. Sew that today it breaks to the countries of the south of the area euro. 

What is worse because the debt is not balanced, and this is what produces chills neither Greece with more than 178 debt% on its GDP, neither Italy with more than 120% of his, and we can already add Spain that is practically in 100% of its GDP, they can make anything if they are not rescued, and this cannot be, because among other things it would not be exactly for the other countries. They would rot that yes, to be helped by the other ones because no matter how much the European commission the ECOFIN or the BCE press, and force to put new adjustments and deficit cuttings, he will give same that makes, what he was necessary to make the they had to have made the problem before in these countries it is already systemic. 

To reduce costs to balance the budgets is well, but this won't produce any debt reduction, because I doubt a lot that these countries are viable, alone with the necessary reduction to cover the interests of the debt and to cover part of the main capital, for reducing, these countries you headstrong socially, and more being part of an European Union with some levels of unified societies, it is absurd to seek to solve this with single cuttings, like we would explain to the Italians that cannot make the same thing that the Germans, or the Belgians, or even that the Spaniards whose debt problem is still more controllable. 

I don't see more solution than the one of two contain the total debt of each nation of the combined euro and to put it in hands of an entity that could be the same BCE or better to create a FDE (Fund of European Debt) from where obligatorily, all the nations of the Union or at the moment the Euro Area, they should go obligatorily to obtain the financing that now obtain of the different financial markets and or bank. This entity took the exact accounting of the alive debts and its percentages with regard to the guarantees of the same country for country, and like he makes the free market now it would value them with an internal qualification and it publishes that is implanted that can be for letters or for numbers or mixed, and each country when it appeals to the financing search, it will justify so that it is, sew that up to now it has not never been made, the FDE will be able to refuse or to reduce the quantity, and it will also put a cost of interest on each debt according to the parameters of qualification of the country, of its trust, and use, with that that for example Germany will continue having the cost of the lowest debt in the Union and following the example maybe Italy the highest. 

The FDE will be the one that will emit to the international market the emissions of unique European debt with the guarantee of the European Union or of the BCE, it will be its work to get the necessary funds for the necessities of the national economies and the necessary one for the maintenance of the organizations of the UE, always to the lowest costs that it is able to negotiate, likewise, he will be able to make operations of loans or investments in international debts, to reduce costs and to obtain quantifiable benefits that redound in the improvement of the effectiveness of the economy of the euro. 

They can already give him the turns that want, the debt had dismembered the European and alone Union uniting the debt, he will be able to unite the European dream again, including their maximum exponent the Euro.