If he still stays the euro, it is simply because
nobody any politician, government, nation etc. want neither to make the picture
of the funeral of the false currency, neither he wants to leave in the retinue
of this funeral, so everything is in the air waiting the natural thing that it
is the death for collective starvation of the European Union. The union doesn't
have left another exit that the suicide, its inefficacy before the first great
crisis that has reached it, leaves well to the white that the project doesn't
have future neither political neither economic, partly for blame of its
blindness in thinking that the facts would be stronger that the political and
economic national differences, in the moment that the bills have rotated to
worse, all the components of the Union have escaped from responsibilities and
they have been positioned in the institutional limbo.
BRUSSELS (Reuters) - Europe faces 10 crucial
days to save the area euro after consenting to increase its rescue bottom and
to recognize that he could have to go to the International Monetary Fund to
obtain more help to avoid a financial disaster. Entering in a critical period
of 10 days to complete and to sum up the answer from the European Union to the
crisis" are "now, he/she said on Wednesday the commissary of Economic
and Monetary Matters, Olli Rehn, while the minister of Finances met.
The minister of the area euro put on Tuesday at
agreement night on the detailed plans to reinforce the European Fund of
Financial Stability (FEEF), but they could not say in what measure due to the
express deterioration of the conditions of the market, what took them to look
toward the IMF. As you he can say that the minister came to an agreement it is
that that you cannot complete, said otherwise that it doesn't depend on you,
this is not an agreement, it is a dream, it is an occult fantasy, manifested by
all those gathered with the frank idea that a much repeated lie becomes a false
truth finally
The yields of the Italian funds and Spaniards as
era of waiting ascended toward untenable levels on Wednesday again, while the
markets considered that the reinforcement of the rescue bottom was
insufficient. For not calling it directly false that is already a very hard
term for the sensitive hearings of the impotent minister and completely lacking
decision and power. There won't be (FEEF) it cannot have him it is a tremendous
illusion, like they sought the European governments that the emergent countries
and the IMF, they were so dreamer that they invested in a bottom that will be
good for to guarantee the same debt that they have already, and that they will
never get paid that the European minister of economy were outlining them,
simply the cheat of the pyramidal investment.
I don't understand it simply I cannot understand
it, unless I eat I have already said other times the final idea it is to finish
with the European scenario that in the dream of a summer night Konrad Adenauer and
Robert Shuman imagined, I am for sure if these characters were to the front of
its dream, the solution to the problems would be very easy, what doesn't mean
that it is neither simple neither pleasant, but if I assure them that it would
be definitive and reliable.
The European Union, has two exits one: To move
away the euro and to return to the unilateral situation of a nation a foreign
currency, and that each one composes them to him with their economic status
staying the European Union previous to the treaty of Maastricht, to leave that
they are stabilized the individual conditions of the countries again, until
being able to configure an union real politics again and monetary, the experience
has already become trained that both unifications cannot go for separate.
And two: to accept without considerations the
theory of the facts for before the considerations and to cause the union for
the force, and I refer to the force of the common economy, for it doesn't have
left more remedy than to unite the area euro, with the same forms rules and
laws: budgetary, financial, fiscal, tax and labor (I don't refer to quantity of
wages if not to operation and labor order) to gather the whole sovereign debt
of the countries that they are proposed by majority to be part of this unit and
that they accept this submission of their national powers, creating a new
entity, (if one doesn't want to use for it the BCE) that perfectly could be
denominated European Monetary Fund where the entrance of the different debts
would be counted in current Eurus for separate, and in the cost conditions and
solvency in that the international market has located them. With the purpose of
that each debt was restored by each debtor as if to the international market
is.
To the FME it should be endowed of a preferably
new capital of at least 2 trillion Eurus, with that that this organization and
with this guarantee bottom it would begin the work of only negotiator of the
European debt starting from then. The countries members of the euro that have
consented to this situation will pass their financing necessities to this stamen,
which carried out the auction of debts, funds letters of the treasure etc. in
the financial markets as auction of European debt, the old debt for this way to
say it, it will remain perfectly controlled and counted so that each debt is
redeemed of form and different cost, to the one that will be only and common
starting from the new organization.
It is evident that this system didn't avoid the
difficulties of cuttings and sacrifices of the countries that at this time have
difficulties, since they will make in front of the debts, for this way to say
it, already pawned in the FME apart from the new debts unified, and it is that
one cannot attempt the economic and fiscal unification, if the components have
two separate economies physically, that is to say a new debt in the FME, and
another in another totally other people's context, for where they could receive
violent attacks that would destabilize another time the new common economy, but
it is fair that this unification, don't cause costs added to the different
economies of the members that compose it, if not that each one internally
should solve before the FME their last debts.
Of course and already this new unification will
contemplate lastly, clearly that the no fulfillment anyone of the approved
economic norms and unified, it would be penalization reason and even the
expulsion of the members don't complete, on the part of the advice of
government of the European commission, after unanimous agreement of the members
in commission.
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