dimanche 19 décembre 2010

Not bad so far.
He's funny and will never last to surprise me I guess... Went through some of the feeds and it seems that he doesn't get it does he? I mean, the euro had only two true potential enemies, one, the politicians in charge of the banking system and regulation busy with crony capitalism spending their way out to buy their reelection through an inflated welfare state and fantastic social freebies rebranded “social progress” they funded through an uncontrolled amount of debt without telling anyone, two, the beneficiaries (The People) of these debt funded very short term improvements of their living standards. Instead, the adventurous debt addicted politicians for reelection purposes decided they would point fingers at the ugly few opportunistically branded “markets and speculators” for political rhetoric reasons and would fight and defend the euro whatever it may take….

Well, let’s say it is an unnecessary war. The future of the euro lies not in the hands of markets or speculators but with those responsible for its problems in the first place. Markets and speculators look at it for what it is, a product you can trade, do they exploit mistakes made by those(govs) in charge, anticipating their next inability to address the true potential threats the currency faces, the trust of the Peoples using it? Of course they do, why shouldn’t they, when they know the potential is there, as long as the decisions do not address the challenges the Peoples face introducing a reasonable amount of political uncertainty regarding their reactions and the next elections row results?

What’s your shot?

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