THE ECONOMIC STORM CHANGES OF DIRECTION AND IT ARRIVES IN GERMANY

The trust between analysts and German investors worsened in February for second serial month due to the threat of a world economic deceleration and uncertainties for the effect of the fall of the prices of the petroleum, according to the poll of the opinion center published ZEW on Tuesday. The ZEW, with headquarters in Mannheim, said that its index of economic trust fell to 1,0 points in February from 10,2 the previous month. This is compared with a forecast of consent of Reuters of a reading of 0,0. 

It seems that it begins to rain in Germany what announces that the recession storm and crisis that up to now stayed outside of their economy it is penetrating in the country with force, the serious thing is that what indicates it is the "index of economic trust (the ZEW), this for the economy of the UE and Germany stops, it is very serious, because it is not normal that a German loses the trust with its country its government and its economy and this is what already reflects for two followed months the results of the ZEW. If Germany and their economic structure don't see it clear and it loses their trust that god us admitted cripple, yesterday said that the "BCE NOT PREPARES THE BILLS OF THE DESPERATION OF THE RECOVERY." 

I didn't make a mistake the thing it is more serious of it than me he believed, now I suppose that it was them clear to the BCE and mainly to Germany that the financial and fiscal economic guidelines with those that have sought to maintain the CE outside of the crisis have been and they are a failure, the injections of Eurus began late and bad, after the economy of more than half Eurozone is completely without resources, and as well as he said yesterday, these economies that have eaten up their resources the Eurus that they receive, cannot take advantage now because alone they have left debts and distrusts and companies zombies. What happens passes this way that they return these Eurus to the deposits of the BCE although this costs them a penalization in form of negative interests. 

- The marked descent of the variable rent, a euro too strong and more general concerns on the perspectives of world growth clearly has shrunk the optimism on the perspectives of growth of the German economy -, Carsten Brzeski, economist boss of ING-DiBa said. The ZEW indicated that the prices of the actions and the funds of the European, American banking and Japanese had fallen when fearing the investors that the current climate of uncertainty increases the risk of an unpaid one in entities that up to now was unthinkable. 

Brzeski said that the investors would look now to the European Central Bank for the adoption of possible new measures that you/they promote the economic expansion but that there was a growing concern on if the monetary politics can impel the growth. Given the institutional, legal and political limitations, unfortunately it is very possible that the option 'more than the same thing' it is the most probable for the meeting of March", he said. This I also punished it yesterday but today before the results of the German ZEW I already begin to doubt it because if the Eurozone continues with more than the same Germany he unites to the platoon of the fools and that is already very difficult that happens.  

The German economy grew 1,7 percent in 2015, and the government has revised to the drop his forecasts of growth for 2016 to the same figure, since the deceleration in the markets emergent weight about a traditionally impelled economy for the export. The analyst of Capital Economics Jessica Hinds said that the index was an indication that the GDP of the first trimester would be stagnated in annual terms, the new fall of February sinks to the reality that the German growth prepares to deceleration, predicting a growth of around 1 percent this year. Go that that that before said they have the perfect storm above  

The analyst of VP Bank Alexander Buehler said that the atmosphere among the investors was worse than the economic reality. You foresee that the USA registers growth in the first trimester and that the economic recovery in the area euro continues, what would support Germany, but as well as we see for the declarations of the FED this not this so clear one everything aims that the prospective ascents of interests in the USA will brake until next year possibly to make that its prediction is completed Germany and the CE that is to say it is reactivated  

But while the USA can hope the things change and continue growing according to what they waited the Eurozone it still continues getting the interests of everything until of investing and this it is the problem. In December the BCE reduced its type of deposits in 10 basic points to -0,3 percent and it prolonged its purchase plan of active in six months, taking the program until the 1,5 trillion Eurus. The markets discount two discounts of types now at least, taking the types has more than enough deposits to -0,5 percent for final of year from -0,3 percent. But the analysts are more cautious and they only wait a slope to -0,4 percent, but this has already said it before this is not good to reactivate the economy this the tight one, to the money is not to punish him so that it leaves to the market, what it is necessary to make is to motivate it so that he makes it, this it is the way and not what they are making, the money doesn't come out because you don't see a security that to make him to it of benefits.