THEY ARE NECESSARY MORE EURUS AND WITH THEM THE CONSUMPTION ARRIVED

The continuous and apparently unstoppable devaluation of the euro is a great news for the poor economies of the UE you those that follow me have seen it to me to write numerous times, today we know that Great Britain has overcome to France like the 5ª economic power of the world which it is between both the difference countries, an alone one the euro, France is anchored with an economy that cannot move because the support of the same one is the euro and it impedes it to him, France Spain Italy Portugal and let us don't already tell Greece all they have perished them under the weight of the euro an euro that has been manipulated until the satiety by the international market of foreign currencies with the approval of Germany and the BCE. 

Very now you will tell me that what I risked is already happening and he requested and now that, because the things have not changed. Certain but it is fair that they put me in this tessitura, the euro takes more than overvalued 20 years they don't seek that to be devaluated alone 12% from its more algid point in a space of not more than six months this is noticed indeed, another thing if it is clear that one notices politically something it is something, France, and Italy they support the fall, Spain is waiting to see what the Merkel sends him, and Greece is very possible that finishes it collapsing completely. 

Now the affected economies that we are all those of the UE they will take measures and urgent the problem is that the devaluation of the euro is not as me he wanted they remember that I requested whenever the BCE manufactures Eurus in the necessary quantity so that reinforces the monetary mass that the European economies need and with this measure to make lower the euro remembers that I have always said that the ideal thing is that the euro follows the parity of the Dollar  USA, now the euro falls but the monetary mass doesn't go up this it is not it is necessary to the euro area this at the moment still braked them more because they will adjust its external consumption because they won't be able to him to pay. 

Nevertheless short term it will be effective (it is more it should still lower more other 10% as minimum) in these circumstances the countries won't have more remedy than to consume matters and internal products not quoted in Eurus in Dollars and this way the production goes into little by little it reactivated gotten this in some years will be under conditions of competing with the USA China and Japan to give some examples, another effect of this would be that they would return some international industries to settle in Europe because the salaries paid in Eurus would be cheaper than his paid in Dollars. 

But I don't want to deceive me neither to deceive you the current devaluation it is not it such this is a devaluation uncontrolled because it has not programmed it that is to say the European economy the BCE but rather it is a dangerous devaluation because one makes in the face of the certainty of the world that the euro can disappear in few months and the sale of this foreign currency accelerates, everybody wants to come off of them it more quickly possible. This is what it is not necessary to admit on the part of the BCE, if it is sought that the euro area continues and this should make starting it the purchase of sovereign debt but, manufacturing new Eurus to change, if he doesn't make this way it, if the European monetary mass stays in the states in debt form, it doesn't leave to the private market to the consumption and the reactivation won't appear this way and what happened is that the euro is appreciated again, because evidently it will be since a surer foreign currency the debt it will be guaranteed by the BCE. 

If this doesn't understand it we won't have made anything, the situation will continue worse they have already seen those of the BCE that the inflation this continuous month falling, this denotes that the economies don't grow, there is not consumption, there is not investment, clearer statement although the euro is devaluated the consumption market they don't have Eurus to be able to spend them, it is necessary to put Eurus in the market it is necessary to create internal inflation and this alone it is gotten with a cheap and abundant euro, about two or three years of "hyperinflation" the euro area needs it we should arrive to 4 inflation% at least during three years, inflation of course with the euro to a parity dollar euro of 1-1; with these measures the European industries will begin to manufacture as crazy, the salaries will go up giving the sign of consuming, and the import will stick to alone to the strictly necessary thing. 

This non-alone action will be good for Europe, but rather it will be a clear counterattack sign for the economies rivals that now are bleeding us, the USA will put the scream in the sky, China and Asia they will suffer so much that we will possibly see again as it will be they easier to manufacture its products in Europe that not that Europe the amount, it will also be also they interesting to buy European products. But this is not the story of the country of the a thousand marvels, this requires time, this is to plan it stops in 10/15 years, if in this time we are able to give the turn to the atrocity of imbalances that the erroneous current economy of the Europe of the Euro has caused, we will be able to think that we have saved the UE, but they don't doubt it, we have left little time of euro and of UE.