Sunday, May 23, 2010

Operation Repo The Movie Full

Euro: Fireproof

fireproof I call this key moment when the protagonists will experience success or failure. I think first of the collapse of the French army in 1940, which indirectly cost the lives of 60 million men and women in the world, and certainly now that still weighs on the morale of our beautiful country. The fire burns the metal and strengthens the wood: it has no pity for the beauty of the object, only with its molecular composition. The ideas defended France's then were beautiful, but they were powerless against the will of a steel machine. The euro crosses

undoubtedly its fireproof, 10 years after his birth. Reading expected treaties of Maastricht and Lisbon is sufficient to doubt its resilience: Stability and Growth, were the targets. Stagnation and instability is the result.

Everyone, or almost, felt that the increase in public debt was at an end and a reordering of public finances would soon be indispensable. The problem is the method: to stake everything on the reduction of salaries of civil servants and higher taxes seems uncertain, hence the disappointment of financial markets. All experts agree that only the growth and inflation can afford to repay over-indebtedness.

In war, the priority is finally to the first line to the detriment of the back. For us, the back, are pensioners, savers and consumption. The first line people who work or who are of working age, and production. Until we decreed a general mobilization in Europe for growth by producing not just by consumption, which is like a drug, since we can not afford to pay other than through debt, we will not succeed.

The positive side is that sometimes - even defeated - it can be reborn from fire-proof. In any case, doing wrong, anything is better than the status quo and that is what ultimately makes me optimistic he have to change in France, either to avoid bankruptcy or after bankruptcy.

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