Austrian school of thought how predict the euro crisis
Posted by terminalcables on Monday, April 2, 2012
Under: business
And don't talk the viewpoint concerning market VS government of Austrian
school of thought, show us it is how to succeed to predict an euro crisis.
1. The emergence of the euro was in fact a flock of nation that without resort to a table to write an irresponsible guarantee certificates:'We promise each euro in the bank in the Greece heel in the euro in German bank is wait price.' Actually...This how may? At just start, euro have no future, just return no one realized just.
2. In the beginning, the market thought these guarantee certificate, trade surplus and borrow funds all of written evidences is true effective.
3. Hence cross Europe, borrow funds and trade in imposing array, many national beginnings make to have a house property foam.These very hot prospects, the part has the market support, more of have no.Till the last these can not maintain by one's own of raise a loan and prosper and be gradually discovered by everyone.Everyone discovers a pig brain five countries(Portugal, Italy, Ireland, Greece, Spain, the fashion caps head letter of alphabet matches to write for PIIGS) basically could not reach they establish for they of standard.Everyone discovers the guarantee certificate that they can not carry out they at all to write down.
4. The nations that can not repay loan have no one to turn to and have to tighten money supply.This caused to admire of gram make 《price and production 》 inside describe of prospects:'The consumer basically has no need to buy so many things'.The business enterprise cash flows to become critical very much.
5. More key BE, the bank extends to excessively cause the capital on the their hand's canning not prop up lending money of place business.It is barf city.
6. Hence the business enterprise is bankrupt, admire gram prediction of that kind of tighten set of.Higher reserve rate and bank threw effort of bad Zhang and accelerated this kind of to freely fall a body.
7. Then people suddenly discover again, Germany exports of extend to seem to be different from everyone to think of so will long be remembered by posterity.The economic crisis of other country finally will let Germany exit slow down.And if the euro area disintegrates, new of'mark'will baseball sunglasses have a very high exchange rate, again fight Germany exit.Finally, 'admire the gram tighten'will also condescend to come German body.We have already seen this kind of visible result now.
8. As for the United States?The United States of the future is the most dicey.But let our half guess that the half predicts for a while.The creation of euro area makes capital more to fly to Europe.The lending of the United States also thinks this kind of capital's flying to will long be remembered by posterity.But the Wang Fei comrade teaches us and have no what will long be remembered by posterity.The whip son that takes out on European bank now finally also wants to take out on American bank, even may with a bank run on a bank but over.It are ten thousand wisps of letter loan contact to is American thousand silks trying to cut open them with European banking now.But, probably, have been too late.This kind of incises a work to also let Europe to sooner break up to stir-fry into fragment.The circumstances in American now is like a dog that tries very hard to want to bite oneself's tail.
see more:25 point development the thing unite net industry
Xinjiang around the gold triangle district quickly
1. The emergence of the euro was in fact a flock of nation that without resort to a table to write an irresponsible guarantee certificates:'We promise each euro in the bank in the Greece heel in the euro in German bank is wait price.' Actually...This how may? At just start, euro have no future, just return no one realized just.
2. In the beginning, the market thought these guarantee certificate, trade surplus and borrow funds all of written evidences is true effective.
3. Hence cross Europe, borrow funds and trade in imposing array, many national beginnings make to have a house property foam.These very hot prospects, the part has the market support, more of have no.Till the last these can not maintain by one's own of raise a loan and prosper and be gradually discovered by everyone.Everyone discovers a pig brain five countries(Portugal, Italy, Ireland, Greece, Spain, the fashion caps head letter of alphabet matches to write for PIIGS) basically could not reach they establish for they of standard.Everyone discovers the guarantee certificate that they can not carry out they at all to write down.
4. The nations that can not repay loan have no one to turn to and have to tighten money supply.This caused to admire of gram make 《price and production 》 inside describe of prospects:'The consumer basically has no need to buy so many things'.The business enterprise cash flows to become critical very much.
5. More key BE, the bank extends to excessively cause the capital on the their hand's canning not prop up lending money of place business.It is barf city.
6. Hence the business enterprise is bankrupt, admire gram prediction of that kind of tighten set of.Higher reserve rate and bank threw effort of bad Zhang and accelerated this kind of to freely fall a body.
7. Then people suddenly discover again, Germany exports of extend to seem to be different from everyone to think of so will long be remembered by posterity.The economic crisis of other country finally will let Germany exit slow down.And if the euro area disintegrates, new of'mark'will baseball sunglasses have a very high exchange rate, again fight Germany exit.Finally, 'admire the gram tighten'will also condescend to come German body.We have already seen this kind of visible result now.
8. As for the United States?The United States of the future is the most dicey.But let our half guess that the half predicts for a while.The creation of euro area makes capital more to fly to Europe.The lending of the United States also thinks this kind of capital's flying to will long be remembered by posterity.But the Wang Fei comrade teaches us and have no what will long be remembered by posterity.The whip son that takes out on European bank now finally also wants to take out on American bank, even may with a bank run on a bank but over.It are ten thousand wisps of letter loan contact to is American thousand silks trying to cut open them with European banking now.But, probably, have been too late.This kind of incises a work to also let Europe to sooner break up to stir-fry into fragment.The circumstances in American now is like a dog that tries very hard to want to bite oneself's tail.
see more:25 point development the thing unite net industry
Xinjiang around the gold triangle district quickly
In : business