
Closes a week very excited, although the calm seems to be back on the markets, the debt situation of sovereign states has not changed, indeed, the plan proposed by the EU and the IMF is going to mortgage and maybe kill, permanently both euro political Europe.
The aid that the EU member states must pay to Greece have an important place for most of our partners: for instance, Portugal, which is the next victim of the crisis, will credit the Greek about 800 million. But where will take this money if its rating of reliability has negative prospects, with an economy in recession and fiscal dancers? And this is just one example, Spain and Ireland will also contribute "pro rata" based on shares in European Central Bank.
Moreover, also within the EU there is another big problem for the time is omitted and set aside: Belgium. The government of Yves Leterme resigned a few days ago, after the institutional crisis seems to be the shadow of secession and internal cracks, the entire region in danger of splintering into three entities: Flanders, Wallonia and Brussels city. In the face of a united Europe.
In the U.S., the positive quarterly technology industry, including Motorola, Palm and the news of the acquisition by Hewlett Packard have revitalized shopping. So the situation is back to "normal" but what we have witnessed in recent days could be the nth degree, that we are going to meet very quickly, especially without the perception of what could really happen.
Caution, therefore, and especially attention to the many cracks that are creating this artificial dam and artificial, which could suddenly give way, and drag all the existing financial framework in a real disaster.
Monday, May 3, 2010
Calm the markets
Posted by Cute Girl at 4:02 AM
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