THAT THE BANKING PAYS WHAT OWES US

From yesterday, the question of urgency and has maximum danger changed, is the Greek Debt no longer, neither that of the PIIGS, are now those that put in danger to the economy the Banks and its debts, the same as he wonders (M. Llamas, in its article in Free today Market) Who should the one who and as much as in the area euro? Do I wonder the same thing but do I try to find an answer to the following enigma of who the money that the banks owe is?  

Because the central banks and the BCE that have authority to be manufactured their own money, excepting represents that the other Banks the money that they use alone it can be: that of the Central Banks, the borrowed of other banks, and the most important and their reason of being, our deposits to them confident, there is not any other source of money, because although the banks speculate and play to the bag and win or lose, the question is that the base of their assets is our money. 

So positions to solve the crisis, the first thing that we should demand is that before recapitalize to the banks, us recapitalized to us for the debts that our banks have acquired using the money of their clients, if I say well, to have used our money without the due consent for our part, and abusing of the trust in them deposited, or it is that you when depositing their savings or patrimonial earnings in a bank, I authorize them , so that they spent it or they wasted as he has given them the desire. Truth that not, so now they cannot make us responsible for the debts for them contracted that is what is happening, the economy one comes below and above they seek us as society to have to pay it. 

According to the last data of the International Bank of Payments (BIS, for their initials in English), the world banking possessed in its respective external wallets near 2,5 trillion dollars in active (credits) located in these five countries of the area euro - excluding other derived assets -. It is a high exhibition, although 22 inferior% to the registered one at the end of 2009 

Therefore, the total exhibition of the international banks to the PIIGS ascends to 2,5 trillion dollars, of which 516.500 are active inter banks (loans to its banks), 489.600 millions correspond to public debt and 1,45 trillions to credits to the private sector (companies and matters). 

It is evident that the great problem of the Banking, this in the absolute control of the market economy caused by government's lack and decisions regarding all that happens in our world, and fundamentally like I come denouncing, because there is not market economy if not only financial economy, where more he is reflected this, it is in the debt that this collapsing to the society in general, the one denominated of the private sector, that is to say: his, mine, that of their company, that of the productive economy in general, that that until recently it allowed us to live amply, and now what goes has to make it is to also drown amply, the society owes to the banks 58% of its total debt it is incomprehensible that he stays. 

But it is that if we remove these chapters the things they are understood better, they will see to the Italian banks their society it owes them 50% of the total of their debt, to the Spaniards the society owes them 54% of the total of its debt, to the Greek banks its society owes them 59%, to the Portuguese 62% and to the Irishmen 79%, it is clear that society has swung but and had lived behind without productive back. 

Another fact that denotes the nimbleness of the expansion of the banks Spanish aspect this that scares a little, the debt inter banks of the Spanish banks highlights it is of 29,8% of its total of indebtedness the Italian it is of so alone 18,2%, and already positions to analyze see that to the Greek banks he doesn't leave them money neither its father its debt inter banks it is so alone of 8%  

In short, like we say in my earth there is not a span of clean told otherwise everything a fiasco it is made. But the question is it is necessary to act and quick as well as I have written, they are necessary more coming actions concrete and less apocalypse warnings, because to me to understand the economic apocalypse it is already here it is not necessary to convince us with more data and studies. That that if it is necessary it is that the responsible ones political and economic they are convinced that giving turns to the problem this it won't solve it is necessary to make decisions wrong them in spite of those that will feel more harmed. 

Time will have of recriminations sanctions and everything that is necessary but there is no longer time of waiting more it is necessary to decide, we break the pack of cards and each one for its side, this is a solution that I won't get tired of saying that it is viable because if it was possible to join it is also possible to separate they are the same calculations but to the inverse one and it doesn't pass anything.

Or just the opposite to unite but still to admit that the debt is common to try to make compensations among banks adding and subtracting debts among themselves at simply countable level, to contain the other debts except the debt of the private sector that this if it will be for each one his and the rest of debts globalized in the BCE and recapitalized with the necessary stanchion of Eurus and as always I say to devaluate the euro in the equivalent quantity to the recapitalization made fact that would restructure and he/she would leave clean and in its real quantity the GDP of the Euro Area.