THE TRUTHS TO THE OVERDRAFT, CHINESE IT BECOMES NERVOUS

With 1,16 billion dollars in funds of the Treasure of United States and 3,2 billion foreign currency reservations in dollars that the American debt has passed of being AAA - maximum possible qualification - to AA+ it has generated a strong uneasiness in Beijing. He didn't hope was so quick the reaction, but it is that it cannot be otherwise, alone I hope this serves so that occident sees clear once and for all. It is curious but after this tomorrow's comment, they give me the example of what I have tried to explain before my eyes. 

 

They will see now we can make numbers although alone they serve as example. After the discount of the qualification of the USA their debt will rise in price, and for logic to reestablish its budget will be harder and more expensive for that than it lowered its PIB sensibly, this took to a devaluation of the dollar to reactivate the internal market and the export, because the FED cannot already reduce but the interest of the money, unless that yes that above pays to the one that requests him a loan that I don't discard to the step that we go him. We will imagine that the dollar is depreciated in 10% next week that happens because that the Chinese treasure loses 0.43 billion dollars. The international reservations of the Euro zone are of 0,5 billion Eurus. That is to say the Chinese of a blow would lose all the reservations that guarantee the euro practically. 

 

Now the Chinese say they have realized what I have tried to explain this morning, the doubt papers and of currency they are worth what they take written and nothing else, so if I owe you a dollar it is my dollar, not the one that you have counted with the value that you have given him in your bills, this, doesn't serve as anything, for that reason innocently China says that he is entitled the whole now, of claiming the United States that corrects the structural errors of its debt, and guarantee the security of the assets in dollars of China, jaaa, jaaa, jaaa. It is as of laugh. To mast have thought it, before basing your own wealth on to despoil to occident. 

 

As the overdraft it has been the true intention of the market and of the Asian politics, headed for Chinese, but is the most amusing in the matter, that point to fight for western part so that the Yuan has a real value, in front of the competition foreign currencies, now that they have seen the mouth of the wolf in the noses do they go and do they Propose a currency of reservation alternative to the dollar, jaaaaaa, jaaaaa, jaaaaa which can be The Yuan perhaps? And another time the same history, let us suppose that yes that a currency pattern the question is believed it is who it guaranteed it or it supported, this doesn't have solution it is pure speculation, there is not currency able to be reference of anything, and he would say that neither it is it a precious material as the gold or the silver or what is, everything is to expense of the market and the existent quantity. 

 

Emergent poor, now will know that it is the good thing, themselves has put to the overdraft their intentions, to conquer the market and to the western society and the remaining silent with subtle and half hidden ways, the question is that they have gotten it the world economic Westerner it is completed that happens now, because what they didn't keep in mind, once ruined their clients, of where they will take out their benefits now, so notice the Chinese that was about to surpass to the USA like first world economic power, he will have to see that he makes, you commerce on itself and he works for its internal market, and eye for that if he makes this as consequence of it, he will have problems with their up to now friends: Korean, Japanese, Russian, Indonesian, Thai, Vietnamese, because so far all these, lived from the wealth of occident obtain to east and now they will have to make it of the Chinese market it is the most powerful in the world. 

 

It is necessary to be optimistic, it is the occident moment, if this situation doesn't make us to change concepts and to pass to the attack uniting in a but or less only economic system and of production, and we fill the other plate of the scale we won't leave this, in these moments the scale this conquered one on the side of Asia with China to the head.  

 

It is clear that although the reaction in chain has unchained it the USA, Europe is put until the neck in this history and in the same tessitura of the problem, nevertheless the difference is much, because here there is more than a form of changing the game board, a form is to undo the European Union and the euro, and to distribute the debt once and for all and that each nation composes them to him with its debt and its foreign currency, and another is just the opposite to really unite in an European Union, passing the national sovereignties to federal, to maintain reinforced the euro, that if devaluated in at least 40% and to create an unique European debt, as well as a true European Central Bank that looks after the productivity the employment and the roofs of federal and central indebtedness besides looking after the inflation.