Game Over
Now we hit the ground. No airbag, nor any other equipment of our ruined car called EU was able to protect us against this downfall. It’s like a car driver seeing the tree 5 miles ahead but pointing on it with 90 mph. A behavior the EU and it’s member states applied and apply in recent time. I call it “auto-determined and conscious distruction”. You know that pointing that tree with the high speed will harm you. But as a EU leader (and driver) you likely prefer to enjoy the minutes between the speed-rush and the impact rather than thinking about how to avoid the fatality.
Ups …. Sorry it was a videogame :=). But do you recognize the events lately happened to Europe struggling about sovereign debt anf high interest rates in treasure papers? My videogame console I can reset or change the game when I’m sucked with the current one. But economic and political reality isn’t that easy to reset, nor we are able to mutate situations with a Harry Potter wand trick.
Global players in economy have learned to cooperate to defy the big ones on their own grounds. They know that without coop you’re out of game. 11 single stubborn soccer kickers aren’t a team to face a game. But Europe fatally lets us know that our team (EU) is far from be united (neither is able to agree superficial terms!). NIMBY. That’s the slogan our EU governments printed on their shirts. Everyone with its own national flag on it and dressed different from the others. Would you attend a soccer game like that? Would you spend any money on a game played by such a dis-coordinated team…?
The same question is now running exchange halls force and back. Investors know they are responsible on this alternation of the markets but they are glad and thankful to Europe because they make it possible. Gambling from small to big. Nothing else exchange halls nowdays mean.
We need a global effort to solve global issues. Not only in economics, but also in social, religion, justice. As long as all players act as a “one-man-show” to attract the others we will never get a touchable positive result on it. And this will mean… GAME OVER!
Copyright © 2011 by Inboxfolder (inboxfolder(at)aol.com)
Filed under: Uncategorized | Tagged: bail-out, crisis, Dollar, ECB, economics, economy, EU, Euro, European Union, global, stubborn, treasure | 1 Comment »