Between 2009 and
2012, the Eurozone and the Euro they were on the edge of the collapse. The
problem uncovers it the real situation of the Greek economy, but in fact the
collapse danger was not only for Greece. There were moments in those that the
debts of countries like Spain or Italy didn't appear in the screens of the
operators because it had not bought for them. We were in crash technique. In
those years, with the cousin of risk above the 600 points, all the looks were
centered in the sovereign funds and in how the debt markets could put an end to
the experiment of the unique currency.
Of course that in
the European chancelleries this is a conclusion that is not accepted. You has
left the debt crisis and point. There are not uncertainties about the future of
the unique currency. But the risks for the euro have not only evaporated,
according to from what angle we look, we could suit in that are even bigger.
The question is if this time, like the European politicians will have been able
to avoid them for two years. The key of this new analysis is no longer in the
public debt, but in the recession and in its effects, about the economy and
also on the European economic and social politics.
It is evident that
no national politician accepts before the society that the reality economic
European is about to fall, because this is as much as saying that the
politicians are following some erroneous solutions and that they don't take
anywhere to the national economies, with what the society would not accept to continue
being sacrificed by it, but it is necessary to consider something evident: the
euro is in danger among other things, because there is a series of European
politicians with possibilities of to govern that assure that it would not
tremble them the pulse if it is necessary to take out to its countries of the
unique currency if they arrive to the power.
That he means
this, because simply that many politicians know that they could not govern with
an economy based on a monster insatiable called EURO, a monster that is made
pay to 1.10 dollars, that is to say that he forces to "pay more to be
poorer" it has been already for months a reality that doesn't have
justification some, my readers they are written it to me an and another
time
PODEMOS in Spain,
Syriza in Greece, the National Front in France, or the Movement Five Stars in
Italy has many points in common. And maybe the most important is their bet to
recover the monetary politics for their governments, with the consequent exit
of the euro and of the control of the BCE. Evidently if this arrives it is not
alone the fall of the euro is the end of the European Union it sews that I am
also repeating and another time.
I don't know how
to define if it is problem it is that the euro has sunk the economies of more
than half Europe, or it is that the economies of the European Union cannot
sustain the euro due to their real inequalities, the question is that it is
like be, the order of the causes, the result is the same one, it cannot stay
neither the EURO neither the EUROPEAN UNION under the current political and
economic conditions.
One can think that
maybe none of the political parties before mentioned they arrived to the power,
but it is necessary to consider that some have possibilities for example, PODEMOS
that in Spain it continues being the third force for the CIS, but this survey
is very faked, because we all know how the official agencies work, always to
the service of the ruling party, the reality is that if today one makes
elections in Spain I am for sure PODEMOS it would govern because the society
this that he/she is not able to more.
Le Pen he would
have few options in France, I don't see to this country cradle of the
revolution voting for the right, in Italy the hosts of Beppe Cricket are not
able to put seriousness in its political one and they are not reliable, only
Syriza and Alexis Tsipras, in Greece, arrived to the Government, and they
already come as him Europe of the euro he is making it to him to pay. But care,
we speak of four countries and four different situations. Only with which one
of them wins, the earthquake would feel in the whole Eurozone and further on
because he/she would also unite immediately the United Kingdom.
The situation
scares for itself, but if we add him a real growth of the null or negative
society in many cases, the worst fears in the investors can be shot, those that
were already believed forgotten. How they will finance these enormous red
numbers these countries if they are not even able to grow, because a thing is
to be able to pay the interests of the debts thanks to the sacrifices more and harder
of the society and another very different one to grow although it is a little.
For the time being, the debt markets seem calm and the cousins of risk of the
peripherals seem controlled more or less. But nobody knows if it cannot have a
spark that begins the stampede.
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