THE EURO GROUP FINALLY ACTS BUT: TOO SLOW?

Today the economic news are many and very controversial it prevails the idea nevertheless that the euro group has not come to an agreement, I say just the opposite, alone I put a bunt, and it is that he has expected too much time and the situation a rotted point is. 

The financial markets have maintained and they maintain a brutal pursuit against the finances of the area euro and they make it because it is the only area where the speculators fatty benefits can take out, their it formulates they already know how to sink it and to lift the debt of the outlying countries, it is well of note him that it leaves them, they collapse to Greece they pay in Germany, France, and the BCE with the IMF, it is as playing to the lottery knowing the winning combination. 

I have been accusing an and another time that if the euro group wants to leave the absurd tangle in that has entered, once and for all it should really liquidate directly the debt of Greece to the accrediting ones and not to the debtor, but it seems that he enters my thousand and few readers there is not nobody of the BCE, I have said that the debt of Greece is not as important as they want to make see the speculative markets, and I have always said that the test is that the euro is the currency in stronger proportion of the world, then it is absurd to think that the brains speculators, they will trust of a currency that represents a continent in ruins. 

Because the markets attack Europe? Very simple, they don't take another place where to take out slice. First because the speculative markets are of Anglo-Saxon, Oriental and Arab origin, it is evident that they won't attack themselves, the traditional thing that it was to combat in USA against the dollar and the potent bags and American economy, that you ends up, because the dollar is worthless and they sustain it alone to use it as currency of legal course and for the reservations that everybody has, the American economy already this march and he doesn't give neither a single profitable fruit.  

So there is not another solution to make business that to speculate with the fools and important European, because it is necessary to be silly to leave that they place us all the financial tangles of the world, it is necessary to be silly so that our debts that it sustains them the foreign currency but strong of the world they grow, if the fact of its revaluation should make that the debt lowers, alone it would be necessary to pass to count it in dollars, but not every day they tell us that we are more and more indebted that our ratios of trust lowers alarmingly that have the PIGS that will make us to break that eat it no longer strains, now they add Italy and Belgium now we are already soon PIGSIB they will put France and finally Germany, so the euro group became PIGSIBFG, we will be so bad that the euro will be at 1.50 on the Dollar. 

Very this all these curiosities to call them of some, it forms it seems that Europe has been inflated the eggs once and for all, and he has said coarse, at least that waits me that means the negative of continuing burying Eurus in Greece. This weekend in Luxemburg, I believe that it has left the light and the good sense, and what is announced like a delay for some small disagreements, is ALREADY the hall of the COARSE one that will be said in an or two weeks we will already see, my desire and my impression is that Europe will finally say here to the markets you have the debt and you eat up it with potatoes, or you negotiate it you that have created it in the bottom, so if you want to make Greece break you same, you will eat up the debt and to Greece, then to since Spain the same thing and so forth, until it is no longer but and we walled all for starvation. 

I am more than calm the global debt of Greece doesn't surpass of average 2.4% of the global European GDP more than 18. Trillions of $, for what their absorption would not be very complicated, this comes it saying an and another time, perhaps finally they believe it to him the European leaders. And not alone it is the guarantee of the productive power of the Europe of the euro, but also their other guarantees.  The international reservations (RHINE) they are foreign currency deposits controlled by the Central Banks and other monetary authorities, the international reservations give solidity and guarantee to the countries and their central banks 

The international reservations of the Euro zone are approximately 500.000 million of $, A Billion of smaller Eurus to those of CHINESE, smaller 500 thousand millions to those of international reservations of Japan (before the earthquake). They are bigger 20 thousand million dollars to those of RUSSIA, double reservations that countries like Brazil and Singapore, more than the triple of reservations of USA. And, the quadruple of reservations, that Canada, Argentina, and Venezuela. 

  So it is already enough of fear and of allowing us to tease, like I said one day that each one tolerated their debts, and that Europe is planted and it tolerated his that he can, and it is left of attacks of the markets, because like they come in the previous data it is that they cannot attack anybody more, the only market that is for above our it is China and to that market you cannot consent because it is not an open market. So this he is the explanation, neither debt neither dead boy it is purely to make move the capital for the only side where you can win something because the rest, or it is out or it is impassable. 

  The pity is that he can that the light too much afternoon it has arrived to the European ministers of economy and the BCE, but in Spain it is said it is "Never late when you arrive"