GREECE: DRAGHI SEEMS THAT HE GOES PUTTING THE POINT AND FINAL

How many paginate me still lacked to write on the Greek hairspring I wonder maybe every day for weeks it is this the last one, I don't believe it. They are hardly two days for the encounter of the Euro group in which an agreement should be sealed between Greece and its European creditors, it stops this way to unblock some of the 7.200 million of the rescue with those that to avoid the crash. But I doubt it the minister of Finances of the euro they will be this Thursday without anything on the table, because Athens and the institutions have changed the negotiation for a game of guilt’s. Greece no longer has left anything that to offer. 

Mario Draghi, noticed yesterday Monday that in the event of Hellenic crash, the euro zona would enter in an unexplored land, but that the tools are had to negotiate an infection in the best way. The infection is to me to understand dear readers the weapon that the Greeks that don't want to pay use and the markets that they don't want to lose but there is not infection to speak and if there is him the problem it is that there has already been him, I imagine that when Draghi speaks that he has tools to negotiate it is that it is already negotiating it and you see that he can with it. 

The area euro, is already in these moments contaminated by the indecision and the contradictions of the negotiations between her and Greece, and it is he from the moment that the UE began to fall almost in recession, of this he will make a little more than 18 months, this it was the alarm sign that Draghi knew how to read clearly and it began to plan the reaction that I take him to implant in March the current plan of purchase of 60,000 million monthly funds to which we call “Quantitative Expansion” in fact and in my opinion this action that makes it is to isolate to the euro area of the contamination for the hopeless crash of Greece. 

The sign that this action is giving to the market has several readings and at the moment all are being positive except the politics that he goes for other courses; let us see the international markets economically they come that the BCE and the euro have resources to safeguard the economy of the euro area independently that this Greece or not therefore the euro is safe, for my too much pleasure because it should be devaluated much more, but the fact is that if tomorrow Greece abandons the euro the European economy he won't find out the BCE indirectly it is returning to terms and amply the Greek debt to the market of the euro.  

Another thing is the political topic and this yes that is contaminating it is evident that the situation between Greece and the troika has closed for the politics of the governments of Syriza extreme left that has very undoubtedly he doesn't want because he is not able to this it is certain to pay the debt that this government didn't contract and that it has ruined the life of the Greeks this is not to forget it because if you leave this way just as it is, he understands each other that the current Greek government makes the impossible thing to detach of the obligation of paying the unpayable thing and it is not necessary to fight against the but to understand it and to leave it free that means that it is necessary to leave it outside of the euro and that you reconstruct for his means. 

If it doesn't become quick the economy didn't contaminate to the rest of countries of the euro but if he lengthens or not very more, if he will make it the politics that has already begun to enter in Spain and with an extraordinary force and alone the exclusion of Greece of the euro can make that the Spanish politics changes direction otherwise they don't doubt it to final of this 2015 Spain it will be governed by the same politicians that Greece and this will no longer have another exit that the end of the euro and of the UE it doesn't fit them the smallest doubt and this is what is taking not to the markets and the investments toward the uncertainty the debt of Greece, the market you see that with Greece he has to absorb 320 thousand millions but if he sinks to Spain the thing he rises to the 2 trillion and these they are already too many.