viernes, 12 de junio de 2015

AS THE CRASH DE WOULD BE MADE GREECE AND ITS EXIT OF THE EURO



Finally openly and without shame, the partners of the area of the euro have discussed the possibility that Greece enters in suspension of payments if the Government led by Alexis Tsipras doesn't take measures to avoid it, they confirmed today to EFE. European sources. We already take days seeing who he wants to see it that there is not any interest on the part of the Greek government in paying the debt that has with the world, and the fact is two faces a because it is he impossible to pay it with its basic economy and the other one because its new politics is not capitalist and therefore it didn't accept the sins of its predecessors. 

This way the things The possibility that the country enters in suspension of payments it was mentioned as one of the scenarios that can happen if everything goes bad", although it is not in the one that one is working", they indicated the sources. Lie because if one is working the problem it is like he explains to himself this to some markets and some creditors that won't be very happy with the measure and I fear myself that they will request responsibilities to the UE and I eat I have already written other times I believe that it is fair that they make this way it and that the UE pays for Greece. 

At the same time the UE should force Greece to leave the group of the euro immediately and to facilitate an alone convertible foreign currency to the euro the Greek government it will possibly put in circulation another time the Drachma and the BCE he will give him a value with regard to the euro so that Greece (its economy) he can inter being related with the world markets  

The thing is very simple Greece it won't owe anything to anybody except to the BCE and while it owes a Euro he won't be able to be part of the euro group independently again that its economy became. The road that would be Greece to travel would be more or less as the one that moves to countries like Ukraine, Turkey, included Egypt as contrary example Switzerland. 

One cannot believe more in the Government from Greece because he is not already an European government their lies first and their politics now they have taken out it outside of the economic order and it is necessary this way to understand it the more he takes a long time, more problems will have Greece and more restlessness he will have the euro, because all that these last weeks are passing is not fear or panic to the default of Greece but to the indecision of the Euro group the markets and creditors already given for lost the Greek debt but it is necessary them to know that this finishes here and that the euro area will continue clean and stronger, making sure the business and investments so in the UE will be able to be finally normal again. 

That Greece has been shown willing to present counterproposals to save the differences with its creditors and he has said that the negotiations will be restarted in Brussels on Saturday, they are declarations that nobody is no longer believed I believe that neither the own UE. This new proposal of Greece takes place after yesterday the IMF moved away its experts of the negotiations in Brussels for the disagreements with the Government of Alexis Tsipras. 

In this sense, the president of the European Commission Jean-Claude Juncker, I point out this morning that the negotiations will restart but that he was the Greek Executive the one that had to take the first step. "The negotiations will begin again, first at technical level, then at political" level, it has pointed out in declarations to the radio station France Culture, picked up by Reuters. But there is not exit as he said before there is no intention of paying what the new government of look neo communist understands that it was blame of some politicians that they didn't have anything to see and that they have really ruined to the Greek town. 

Now what plays is to move away all the Eurus (the few Eurus that Greece has left they) and that eta deposits them in the BCE, these Eurus will be for example the starting point for the guarantee of the value of its new Drachma: today the change euro - drachma is the following 100 € = 34,075.01 GRD then 341 GRD is an EURO we imagine that Greece has today in its deposits bills and I liquidate 100,000 million Eurus that it returns to the BCE, well this would allow that Greece printed 34.000.000 million drachmas if this monetary mass the Greek government believes that it is he enough to operate the drachma he would have a value of change in front of the euro of 341 GRD for euro or vice versa an euro would be worth 341GRD.  

This value would stay this way depending on the monetary mass in circulation of the Greek economy if for its reactivation enters for external trade or tourism Eurus or dollars, the value of its foreign currency would ascend because it could deposit more deposits in the BCE. This in turn could allow Greece to opt to print more GRD and to improve the conditions of their society and not to move the parity or to prefer to improve the change of the GRD in front of the Euro and already this it is not so difficult this works this way in the western markets. 

Evidently if Greece doesn't react and every time more GRD needs and its guarantee doesn't increase in deposit in the BCE or in other values its currency you anger depreciating more and more but this will no longer be blame of the UE but of the Greek government that having Varoufakis for sure they give us a lesson to all. 

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