The troika is liar and relality denier

Although the south-European recession virus has stuck on meanwhile the first heartlands of Europe which is not "circumnavigated" "fiscal cliff" in the USA still long and broadcasts Japan up to the central bank S.O.S. distress signals, the share investors expect, if the worst comes to the worst, a light „economic depression“ for 2013. The analyst's municipality hopes undauntedly for the fact that the Chinese economy can stronger expand already in 2013 again, while economists swear to the US politics desperately, since 2008 about just 75 percent on 16.31 billions now dollar of swollen state indebtedness to the "welfare" of the humanity, with pleasure also at the risk of the printing press to let explode further! („I do not think that now the right time is to speed up economy measures“, believes possibly professor Robert Shiller)

While the economy has come itself (more or less) in the default of the EU commission or "Troika" to holding worry states - Portugal, Spain and Italy - with a lot of praise of the rescuer's municipality finally (with annual shrivelling rates of 3.4 percent, 1.6 percent or 2.4 percent) in the recession, it goes downhill - (still) with the exception of Germany - in the meantime, also in the so-called heartlands of Europe. Of France anyway only very weakly distinctive growth forces tyre visibly and to date neither the consumption nor the property market of the second-most important euro-rescuer even to some extent like already in Holland or Spain under pressure have got.

But in view of the unemployment continually rising since 18 months (3.1 million French were at last without job), the unsolved budgetary problems and the evident reform inability we expect that only recently from Moody's of a "grandee" on a "Petit" zurechtgestutzte nation will come already in 2013 - like topically already Holland - to need with which also the pressure might reach new critical states in the euro crisis kettle. At the latest then trading partner of France will also get to feel No. 1 - Germany - which differ results of the export dependence, so that according to our appraisal all economic forecasts widespread today hardly from him - extremely susceptible to check - growth forecasts of the "Troika" for Greece make!

When may Greece declare default?

How broke must a country be real to be allowed to go bankrupt finally? Although independent of There and moving over „on the time axis“ (Wolfgang Schäuble) is whistled at the latest in May, 2010 actually stamped bankruptcy of the country, in the meantime, already by the Brussels sparrows of the roofs, presented „to act what she has undertaken“ - rescue municipality just the nth variation to raise the price of the bankruptcy of Greece according to the calculations of the Ifo boss professor Hans-Werner Sinn of 380 milliard euros up to now on 490 milliard euros then!

So that, however, the illusionary promise of the politics that saving with guarantees and accountancy cord - will cost nothing, in any case, before the parliamentary elections - can be maintained, the "rescuers" take over the former part of the Greeks now personally, while they bring the tragedy by means of absolutely unrealistic budgetary forecasts and growth forecasts over and over again on the newest state of the lie.

wiwo.de