THIS IT IS THE TRUE AND ALONE THE TRUTH, ONE CANNOT WAIT ANY SOLUTION FOR THE UE

The agency of qualification of Standard risk & Poor's (S&P) it considers that the imbalances inside the area of the euro are "significant", in spite of the fact that in the last five years a macroeconomic adjustment has taken place. Adjust that it has not been good for nothing else that to increase the imbalances quantitatively although has masqueraded in its percentages.   

S&P points out in a report that Spain, Italy, Greece and Portugal, the four bigger external "debtors of the area of the euro", they will owe 1,85 billion Eurus to non residents of the area of the euro at the end of this year, in comparison with the 875.000 millions of ago ten year-old Eurus, are speaking of almost a trillion but this is an increment impossible to sustain, because the GDP of these countries this immobile one or tendentious to the drop. 

But not alone they are the macro figures what it is necessary to see but the concepts of the same ones and we can see this way that the adults "worthy of the area of the euro", Germany, Holland and Belgium, they will have a position of "active external net" of 2,36 billion Eurus this year, very above the 343.000 million Eurus in 2004. That is to say these countries almost have duplicated their assets with relationship to the debts of the previous ones. 

The outlying countries of the area of the euro have considerable foreign debts, while the countries of the center are in a strong accrediting position, according to S&P. this explains that while half Europa works industrially and commercially with the world, the other half doesn't work at all. And it is for that reason that the big companies and the big Spanish banks as example, leaving to make business outside of their territory, because in him, there is not economic activity some, with these figures, almost we could say that europa mediates he could buy to the alone other stocking paying its foreign debt. 

They understand now because my insistence in the fact that the euro area cannot stay, it is more, as my readers they know, my theory is that it is not sustainable the UE to the complete one. It is impossible that Spain Portugal Italy and Greece can be liberated of the debts that have with their creditors and to the inverse one, it is impossible that these creditors charge these debts at some time, for that reason it is impossible to continue with this economic mark, where both at the end will come out losing, the situation is a diabolical hairspring that doesn't have end and he doesn't have it, for the imbalance productive, half europa it produces consumption goods with important added value and the alone other stocking offers services, sun and flies, that hard and clear. 

The European Union is a total economic and political failure, I don't know in what order it should place these concepts, but that that yes it is clear, it is that the UE doesn't work neither politics neither economically. And the worst thing is that I have serious doubts that to these heights and with these exposed figures one can think of a social and industrial economic development, neither on the whole, neither already for separate, of the European Union, and the more take in understanding it more debt and but imbalance will have. The thing finished bad I said it ago I believe two days, the 2015 have many possibilities to be the final year of the European dream, let us hope it is not also that of the democracy in europa.