EUROPE: INEPTITUDE, DISTRUST, IMBALANCE, PANIC, AND FINAL.

I am already another time in front of my computer, already arrive of my last holydays and to tell the truth has preferred not to return, the situation that he/she leaves very bad, had worsened, there are no longer excuses neither exceptions that to make, you finishes everything, our particular economy, the municipal one, the community one, the national one, the European and the Westerner. 

If they want to believe it well and if not, nothing else has to continue expecting a time more, until they lack the salary and lose its way of life, until they close them all the public services in its city council, until they disappear the jubilations, and the minimum economy of its country, until the euro disappears, and until it exploits the revolution of the society in general, because there is not another exit, it is evident that nobody is under conditions of already surviving, neither governments, neither political, neither economists, neither swindlers, neither banks, neither the European Union, neither of course the Euro. 

The situation is intolerable and untenable, I would say that the reality overcomes the unreasonableness, he would say that the famous movement of the Indignant ones for example, neither it has been good for anything neither its nomenclature is the appropriate one, the society it is not indignant, this much worse one is, destroyed, discouraged, confused, divided, desperate, he no longer has neither human capacity to be indignity, neither of being irritated, neither of fighting, we are truly in catatonic state, in deep coma, of the one that sincerely I don't know if we will be able to leave, because they don't hope nobody takes out us. 

It is intolerable to read the manifestations of spirit that our political and economic leaders offer us; it seems really that they are enjoying with that gotten, the destruction of the economy and the morals of the society. The European Commission (CE) it assured today that the measures of austerity won't be enough to combat the relenting of the growth in subjected countries to bigger pressure like Spain. Undoubtedly not, the austerity by itself won't solve the challenges of economies that are subjected to more pressure, as the case of the Spanish" economy, because undoubtedly the austerity is not, worsening her to forced marches, from July to today have gotten lost more than 120.000 million value in the companies quoted in the stock markets, to the big Spanish banks practically could buy them the next one fortunate of the euro million. The Spanish debt is in-bankable, and unplayable, of for life. And the Greek and the other ones no longer say. 

Alone a guided performance and accompanied necessarily of economic reformations so that there is growth, and therefore more employment, it can begin to reconstruct something the disaster, otherwise no matter how much they press and squeeze it no longer leaves neither a drop but of anything, such and like he/she shows for the relenting of the growth in the European Union (UE) that the Commission already waits for the second half of the year. 

As he explained (the European commissary of Economic Matters, Olli Rehn in passed May), there are an entire series of uncertainties and risks, some of them are materializing, it continues there being an important edginess in the markets, the investors continue being reticent to assume certain risks", this said it in May, June, July, August has passed, and they continue without knowing that uncertainties and risks lack to show, frankly they should be blind because I find it that they have already shown all that wait more. In this space of time, the German bag has fallen 30% the value lost for it is very superior to the whole European sovereign debt, what takes me to think that in these moments Germany could not make in front of its own debt, if the financial agents really make bills and non speculations, if the German debt is counted and it is really calculated the real fall of its PIB, he realizes one that the current debt this under worse conditions that that of Spain. 

It is more, if you applies the countable logic, the interests of the risk for the German debt should go up about 200 points, that is to say it should be quoted approximately to 4,5%, what would take to the Spanish debt at levels of 8% what is clear would take to the crash to the country, this is now this way, and it affects to all the countries and all the European debts without exclusion, said in another way the Euro is untenable. Meantime today the euro is to 1, 41 dollar, incredible truth, the things cannot continue this way it is absurd. 

To all this the opinion of the CE, is limited to denounce the necessity to reinforce the system of Government of the area euro, to have more clear, stricter rules and that they are applied, and also to carry out economic reformations, not only political of austerity that can guarantee the growth". Without growth it is difficult to imagine a bigger stability of the area euro", Impressive the effrontery of some. As for the recipes to leave the crisis, there is not neither a, so the ball will continue rotating toward the disastrous one final that waits us. 

José Manuel Muddy Durao, assured today from Canberra that the economy of the UE will grow in a modest way, but without falling in a recession and he/she sent a message of tranquility about the strength of the euro". We had already advanced that in the second half of this year there will be a relenting of the growth, but don't unite recession in any case, we are not in a scenario of a second recession". That laugh to celebrate it the markets has collapsed today like never, that means the credibility of the CE. 

It doesn't finish the little shame and the inability of our leaders here. The general directress of the International Monetary Fund (IMF), Christine Lagarde, insisted this weekend in an interview with "Der Spiegel" in that it exists a "imminent" risk that the world economy enters in recession again. The community Executive differs, but at the same time he denies that there are divisions regarding the IMF. As this he does eat up, does that is to say one deny what says the other one, but however it does agree with what says?  

Summarizing is question of days so alone, or the European politics stands up and it puts order to this disaster, or the disaster it will put an end to the European politics, if they want my opinion, Europe is completed it would be necessary to begin to recompose the old national stamens, so much in politics, like in economy, like in the monetary system.