EUROPE, IS TO GIVE ANOTHER STEP

I have the sensation that this month of September a jump has been given forward important, I believe that although you has concluded the worst economic trimester in the history of the area euro, the correction although insufficient of September, it is a current of fresh air that can push us if we are not pleased and stopped as always, toward the principle of the end of the agony in the one that there are us installed car. 

I have not made a mere game of words when denominating today's situation in the euro area of principle of the end. I want to make see that in spite of the advances in the approvals of the plans of amplification of the rescue bottom, and the reaffirmation of Greece in their interest and intention of staying at any cost in the euro, the situation is not still neither white, neither controlled, it lacks a step more to breathe calm and to be able to take enough air to give then if the definitive jump. 

Looking for an image that defines what I mean, has found the following simile: Imagine as that we continue in the border of a cliff in which we are heading to fall for three months, balances toward before and toward after to tolerate the balance and not to throw to the hole, suddenly we are able to stabilize us and to take a step back that allows to lean on well and to stop to balance, we have survived of falling, but we continue seeing the hole that we are attracted by, now we must rotate on ourselves and to leave step to step in contrary address, toward the long one and width road that it took us away from the area of danger. 

The results at the end of the trimester are not especially good, the unemployment stays, (in Spain that increases if alone a tenth) but it an unusual economic factor, the IPC increases in the area euro. Will this be the new demon that pushes us toward the hole again? Care because it can be, let us imagine that the BCE with the Mr. Trichet to the front and imbued of their obsession of maintaining the IPC in 2%, (sew of which I agree absolutely) he doesn't stop to try to decipher because this happens, or who it provokes it and he rushes to their unique recipe in these cases and he is not happened nothing else that to elevate the price of the money, if it already happens this if that the final slide of the area euro will be a fact. 

Now that is necessary they are actions to reactivate the productivity of the euro area, it seems that it has been possible to balance, to fix and to discount, the losses that were caused by the stabilization of the problem of the sovereign debts, seem also that they have been the resources and financial means to make it, and these resources, they will leave to the countries of the area euro but much more weakened of what has been of wanting, but finally, in some very painful decisions that have questioned governments and political, the decision has been almost unanimous, to save the euro, passing about all the economies of the area, now these economies would not support an increment of costs of the money that all will need. 

I don't know why it happens, but that that if you are that it is not logical that it happens. Europe this but next the recession that to the expansion, that that said the consumption otherwise it falls, the production also, and for logic he should fall the expense, then because it goes up the inflation, when the Mr. Trichet in times more or less floating he wants to brake the inflation attempts, he adduces that it formulates it is to go up the price of the money, with what decreases the consumption excess and the prices lower, clear theory and logic, but that it happens now there is not happiness, there is not expense there is not consumption and however there is inflation that or who is making us traps Mr. Trichet. 

The BCE not should so alone to explain that it is happening, if not that it should put to the overdraft the effects that make possible east absurdity; I will explain to him two things. I already know that in the poor economies, in recession, without the appropriate control, the tendency is the inflation, the prices rise for the only reason that the markets want to make the same benefit with smaller consumption, and because all that they should acquire outside, due to its impoverishment its currency is devaluated, causing a diabolical hairspring. It is this way true, and however and in opposition to this situation, we see that in countries where their economy goes to all machine and the growth is so mach, there is also the same phenomenon, galloping inflation in this case for just the opposite, for the happiness of spending a lot, because the markets come the possibility to be made of gold while it lasts, so already you go in both supposed the only thing common of both is THE MARKETS. 

I warn and the one that warns is not treacherous, Europe should put an end to be the “Fool of the Boat” (it figures classic of the Spanish literature comedian), and to leave of being attacked by all the sides, otherwise it won't serve as anything to make the sacrifices that we are making all and in this case they don't hurt me garments to say it, Germany and its cohorts but, thank you but it is not enough, it is necessary to be demanded more, it is necessary to run more in the taking of decisions, it is necessary to unify but European unique government's administration, so much in the world of the finances, like in the social politics in general, and Mr. Trichet is to lower the price of the money urgently, or the poor countries the calls PIIGS won't be able to leave its recessive economy, and they put in danger the stability of the euro again and of the European Union.