READ THE EURO IN THE FUTURE: ALTERNATIVE TO THE DOLLAR, A BUSINESS OF POVERTY
of Comidad
Economy Minister Tremonti has relaunched the easy enthusiasm of his supporters the "right antagonist" Germany resubmitted to the proposal of the "Eurobond", ie securities issued in order to support € through the efforts of the European Union as a whole. The proposal is qualified by itself as nonsense, since it seemed like going from one you have just refused to guarantee a promissory note to ask him to guarantee even a mortgage.
The German government has had a easy game to argue that the burden of responsibility for ensuring the reliability of these European stocks fall on countries with a strong economy, just as Germany, countries that now in the media claiming the rank of "virtuous" since the power is cloaked in virtue, while countries with weak economies, according to this moralistic vocabulary, are labeled with the acronym contemptuous of "PIGS" as weakness should be considered a fault.
The tale of the "virtuous" thrifty on one side and "vicious" and "living beyond its means" on the other, is belied by the fact in Europe poverty is deliberately turned into a source of indebtedness of the masses through the finance consumption. If European governments really wanted to live in their own countries according to their means, would put in their "stability pact" an undertaking not to promote the debt of the masses. It does not appear however that Germany has ever put such conditions, perhaps because of the banking giants interested in the business of financing consumption, there are also German multinational. In Italy
an institution public as INPDAP is meanwhile become a brokerage of loans from private companies, with the result that the property widespread in the Italian middle class today is mostly already mortgaged and next will change hands. In Italy the houses are of brick and concrete, not wooden shacks and prefabricated panels as in the U.S., then it is a real transfer of wealth in the hands of the financial agencies, which are all head in one way or another, Large international banks such as Rothschild, Goldman Sachs, Morgan and Deutsche Bank. If the purpose of
Tremonti had not been to Germany to play just the villain, but to put it seriously to meet their responsibilities, then his weapon should not be given the pathetic Eurobond, but simply to tell the truth about the creation of the euro. The single European currency was not born to be the premise of an unlikely political union that was only part of the propaganda and public relations, since, according to the custom American Studies, has now become global, every business has to be disguised pretexts and idealistic "epochal."
The real reason was that introduction of the euro, according to the agreements entered into in 1995 with the establishment of the World Trade Organization (WTO), should have opened a competition between the currencies of payment International, with the consequent end of the monopoly of the U.S. dollar. The U.S. had an advantage for more than half a century the function of the dollar as the international payment, as this was allowed to print many, many more dollars than was necessary for domestic payments. In 1995 it was believed that that kind of money it opened for business in Europe.
early 90s seemed to have made a strong Franco-German axis, which assumed the leadership role in new business and hypothetical alternative to the single European currency to the dollar. The synergy between the French nuclear power and financial power in Germany would be the basis of a new global equilibrium the post-Cold War era. In the mid-90s in circulation in fact, part of the communist left, the term "European imperialism", meaning this apparent role of new financial dominance of the Franco-German-led EU.
The first country to adopt the euro instead of the dollar as the currency for payment of oil, was the Iraq of Saddam Hussein, but was immediately invaded by the United States in 2003. The U.S. had then left to establish the euro based on a simple evaluation: financial constraints imposed by the single currency would have hindered the economic development of the European Union, which at the time of going to collect the benefits of the euro as currency payment alternative, would have faced the altar of force imposed by the United States.
As long as the French president was Chirac, France has sought to counter U.S. ambitions to not respect the agreements made in the WTO, and there are traces of this contrast to the propaganda of American cinema of the early 2000s, where the character of the bad or dell'antipatico was often a Frenchman. With the Sarkozy presidency instead of the decline in trousers to the United States was complete, to the point that France has agreed to become even reinstate fledged NATO membership. The German government
Merkel has acquiesced to this situation of subordination, however, accompanied by many privileges for the German multinational; so that the legendary French-German axis was almost crushed. Today, countries like Italy or Spain could also ask to Germany and France account of this their ignominious retreat, and then were being dragged into a company with no more advantages such as the euro, only source of financial constraints, which have effectively transformed Europe into a colony of the International Monetary Fund, who, incidentally, has its headquarters in Washington.
fact occurred over the years according to an overthrow of the euro money from business that was now become merely a bond of "financial stability", modeled on the forms has always been imposed on the developing countries by the IMF. Europe is that "Terzomondizzata" through the instrument of the euro, and becomes a land of conquest for the business of poverty such as the financing of consumption, resulting in the dispossession of the middle class. European countries with weaker economies can no longer devalue their currencies to support exports, while the bonds of these same countries are victims of the speculations of so-called "markets", a pseudonym that means in reality, the rating agencies, too ' they, by coincidence, all Americans. The challenges of credit rating agencies can cripple public finances of the States, and not based on objective economic reasons but for financial constraints that the same states have agreed to establish itself.
But Italy and Spain can all claim to France and Germany of their ignominious retreat, because that same retreat have begun just Italy and Spain. In 2003, Italy's Berlusconi and Aznar government in Spain were in fact the first to break the European solidarity, endorsing the U.S. invasion of Iraq. So no one has the credentials to criticize others, unless you start doing serious self-criticism about his past, something that is not within the reach of our political class as the colonized. No
Italian media commentator then stated that while Tremonti presented his proposal of Eurobonds in the European Union, while the governor of the Bank of Italy, Draghi, discredited and publicly criticized the proposal itself. In this case, unorthodox intervention Draghi was striking. A Governor of the Bank of Italy can claim the independence of its position before the government when it comes to domestic issues, but if the government itself is involved in international negotiations, then there is no autonomy to hold. A Governor of the Bank of Italy can not tell the other governments that his economy minister is one who talks nonsense, he can not even say whether, as in this case, it is manifestly true. And if Tremonti was trying to download any liability for the next liquidation of the single currency (in France now it is discussed openly), the more the Dragons could not download the entire blame for his country, if for no other excuses for not providing more speculative credit rating agencies.
Dragons is the first governor of the Bank of Italy to be nominated for appointment by the government rather than internal. Was the previous Berlusconi government to put it there five years ago, after the unhappy fall of Governor Fazio. Not for a moment but the present government has decided to draw Dragons order, given that Berlusconi has other thoughts, how to survive each day to their silly the day before.
President Giorgio Napolitano, with the ridiculous pretext of "inevitability" of approval Law of Financial Stability (but it is not already institutionally provided the temporary operations in the event of rejection of the Finance Act?), gave Berlusconi a month to buy back the majority of votes, votes that were ultimately many of less than it was logical to expect according to the resources put into the field. Apparently, even as a corruptor, Berlusconi is quite incapable. Now
Napolitano defends Berlusconi even the danger of being hunted by early elections. Does anyone remember an episode in 1994, when Berlusconi came down from his bench in the House Chairman of the Board to go to exchange Napolitano with a sort of Masonic handshake in front of the cameras. The choice of
Napolitano is in line with the interests of international financial potentates, who seem to prefer an Italy with a leadership paralyzed autodelegittimata and internationally isolated, and therefore without any bargaining power at European level. In the event that Berlusconi fell, the parties of "opposition" had already preparing for the new government a financial maneuver of "tears and blood," but this was not enough for the IMF to trust them. The fact that today the IMF does not trust even the various Fini, Casini and Bersani - perhaps because apparently capable of discernment - and yet prefers to focus on a clearly inept as Berlusconi, is part of the IMF itself a sign of insecurity, which should be reflected. In August last
last occurred in Europe a new and unexpected, in which the media are silent rigorously. In Hungary, a center-right government, which was considered solid obedience to the IMF, the Orban government, but was unable to hunt their own country, the IMF without a shot being fired. Hungary still has its national currency, which can have her favorite, but it is still occupied by U.S. and NATO military bases. The problem is to see how these military bases are now actually operational after the privatization process of its armed forces implemented in recent years by the U.S..
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