The European Central
Bank proposes, but at the end they are the banks those that prepare. Last week,
the institution presided over by Mario Draghi gave to the sector financial
489.200 million Eurus, the biggest injection that has provided never, by means
of a loan to three years, the operation to longer term of its history. Their
pretense, admitted December 8, double era: on one hand, to "assure the
access to liquidity of the banking"; and for other, to "support the
credit provision to the homes and the companies". Well, the first thing
has gotten it, but him second no.
According to the
well-known data in the last two days, the banks have caught the facilitated
amount and in spite of a cost they have deposited it again in the BCE. The
situation and the reason of this action, have their logical explanation
although it doesn't really seem him. Because the banks lose money with this
maneuver, since at the present time the BCE only remunerates the money that
receives in deposit to 0,25%, when the ready to 1% - or even to 1,75%?. Because
amid the prevailing distrust in the bank sector and in the economy, does the
banking prefer to take all the money that he can in the bar free of financing
of the BCE and to store it, although it loses this way something of money,
before to be exposed to lend it, a business that would report him more
interests, but that it also supports more such risks as losing everything.
Then, for what reason
did they take borrowed so much money the banks last week if now they don't take
out him yield to cover the backs. The banking international European has so
clear that the economy of the area euro is so absolutely dead that don't come
the way to finance next year 2012, the European banks have carried out an
operation of early financing for the expirations of the debt that should
confront in 2012, the experts of Barclays, they calculate that during next
year, the European entities will confront expirations for value of 650.000
million Eurus, a volume that the banks already know that they won't be able to
finance for the normal beds, that is to say looking for the financing in the
markets of capitals, before the drought that suffers the market of emissions,
as consequence of the worsening of the crisis of the sovereign debt, and for
the galloping recession that suffers the European economy. With the
proportionate injection of money for the BCE, the banks pick up 75% of the
debts to redeem and they stay it, to go loosing it when the market economy this
absolutely gulch.
All this is very well
and it can be said that is very professional, but like it is happening lately,
this solution doesn't have exit, here each one covers its ass without realizing
that he will drop excrements of the neighbor's ass, and forgive me the eschatological
of the example, but it is that I am that I go up myself for the walls of seeing
the bewilderment that they present the economic and political authorities of
the area-euro, of the European Union, and of the nations that form it, because
it is evident that if the banks don't put in circulation the 500,000 millions
of Eurus of the BCE, the European economy breaks the next trimester, in all the
European states (except Germany) it is not neither a single euro in the box,
and it is not this the worst thing, it is that it is not industrial neither
commercial capacity to produce entrances of capitals coming from other
economies.
Therefore if the
banks stay that that theoretically are offered so that they replace the lacks
of effective to the industrial society and the consumption economy so that it
moves it, the collapse is a fact. All this is a perfectly orchestrated plan,
because if I see it as they won't see it the banks and the economic teams of
the BCE and of the European governments, so I reach the conclusion that this it
is that is to say the objective that is pursued, the collapse of the euro-area
and their later disintegration and pass to the configuration previous to the
2002.
This already passed
in the first trimester of 2012, there is not money in the states to tolerate
more, to first of year the three corsairs lowered the ratios of all the
countries of Europe, except Germany, that caused the fall from the stock
markets to unsuspected limits, because the little money that there is will
escape as soul that the devil takes, this next to the industrial and economic
recession of the European countries, forced to declare the crash state to the
whole economy of the euro.
Here they entered in
game the deposits that the banks will have kept in the BCE, the crash of the
euro-area took I get the liquidation of the sovereign debts for the procedure
of the suspension of payments for the debtors' apparent insolvency, except one,
Germany, so solved the problem of the global debt, Germany that will no longer
have to help neither to finance other people's debt, will become responsible
for the euro and this way the European banks will be able to have Eurus those
that today keeps in the BCE that is located in Germany for more signs, for reconverted
its capital in the foreign currencies that recover, so that each country beginning
its economy and then yes that this capital will flow to the internal market of
each country together with the new official foreign currencies and of own
production.
This is the immediate
future that all hide, but that all the interested ones know and they go making
the corresponding theater to have the enough time that is to say of preparing
what is already resolved, the explosion with included artifice fires of the
dream of a summer night of the European monetary Union.
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