EURO, AID TO GREECE AND THE GERMAN  PROJECT
Autor: Wilson R Correa | Publicado: 2011-10-22T02:13:00-07:00


More than&nbsp;a&nbsp;national symbol, the currency&nbsp;and its control&nbsp;by public policy makers&nbsp;determine&nbsp;the remuneration of financial capital,&nbsp;enable&nbsp;the management&nbsp;of strategic projects&nbsp;by the State and&nbsp;provide resources for the&nbsp;day by day&nbsp;administration of the country,&nbsp;as well as configure the profile of&nbsp;distribution of&nbsp;income between social groups&nbsp;and also the&nbsp;gains from trade between countries.  
As&nbsp;the penalty in football – that by the importance&nbsp;had to be taken&nbsp;by the club president,&nbsp;as someone already&nbsp;told&nbsp;- the management&nbsp;of monetary policy&nbsp;must remain&nbsp;in the custody&nbsp;of the highest public administration level of the&nbsp;country. There is no sense in its submission&nbsp;to the irrationality&nbsp;of the market&nbsp;, because it&nbsp;does not apply&nbsp;to currency the&nbsp;naïve political&nbsp;ideology&nbsp;of win-win, as evidenced by the current economic crisis.
The Euro and the delimitation of European Economic Space 
The European Union&nbsp;(EU)&nbsp;only&nbsp;made ​​feasible itself not&nbsp;by the threat of&nbsp;"godless communism&nbsp;of the soviet&nbsp; totalitarian&nbsp;state".&nbsp;Nor either the reason for the creation of the European Economic Community EEC&nbsp;was the military power of the USSR,&nbsp;against it NATO was created.
If so, when Russia lost one-third of&nbsp;its population&nbsp;as well as one-third of its territory&nbsp;in the USSR collapse, the&nbsp;EEC&nbsp;would also have collapsed&nbsp;due to&nbsp;end of this pseudo leitmotif of&nbsp;European integration.&nbsp;No,&nbsp;despite the&nbsp;collapse of the USSR, the EEC&nbsp;integration&nbsp;deepened&nbsp;and became&nbsp;the European Union&nbsp;EU.
The real reason for the&nbsp;creation of the EEC&nbsp;is that the&nbsp;great opponent&nbsp;of the European countries was and is &nbsp;the USA,&nbsp;as already defined&nbsp;by Charles De&nbsp;Gaulle&nbsp;in 1966,&nbsp; as&nbsp; detailed by Jean-Jacques&nbsp;Servan-Schreiber&nbsp;in&nbsp;his bestseller "American Challenge” (1965) and by Chalmers&nbsp;Johnson (2007) (2002).
European sovereignty and US military domination
With &nbsp;400.000 &nbsp;americans&nbsp; soldiers, hundreds&nbsp;of&nbsp;military bases &nbsp;located&nbsp;in Germany, Spain, France, England, Italy, Portugal,&nbsp;barriers missiles and&nbsp; atomic power,&nbsp;get rid of&nbsp;US domination&nbsp;is the almost impossible goal&nbsp; to&nbsp;be achieved&nbsp;by Europe joined in the&nbsp;European Union (EU).
Just now politically and militarily dominated, 66 years&nbsp;after the end of Second&nbsp; World   War, Germany knows&nbsp;that&nbsp;could&nbsp;regain&nbsp;sovereignty over&nbsp; its own territory&nbsp;only if&nbsp; joined to other european countries,&nbsp;in one unconfessable strategy &nbsp;of thirty to fifty years in the future.&nbsp;The leaders&nbsp;of other European countries&nbsp;know it.
So the&nbsp;Euro&nbsp;is less&nbsp;the unification&nbsp;of monetary policies&nbsp;in European countries, in itself,&nbsp;painful cost&nbsp;to be paid in&nbsp;terms of&nbsp;national sovereignty to any of the&nbsp;countries of&nbsp;EU.
Euro&nbsp;represents the first step in the&nbsp;resumption of&nbsp;german and european sovereignty in the face of&nbsp;territorial&nbsp;and market north american&nbsp;occupation.
That is the&nbsp;great reason for the United Kingdom have&nbsp;not joined the&nbsp;Euro area. UK stand allied to US policy&nbsp;in Europe and only so it&nbsp;could to face&nbsp;the economic and financial hegemony&nbsp;of Germany.&nbsp; 
The&nbsp;British&nbsp;strategy&nbsp;to revive the&nbsp;financial center of London, the City, can only&nbsp;succeed&nbsp;if UK establish&nbsp;a partnership&nbsp;with the US. &nbsp;Joining the Euro&nbsp;would be to abandon&nbsp;this strategy, occupy&nbsp;a secondary position&nbsp;in Europe&nbsp;and there lose&nbsp;the ally condition of&nbsp; US interests.
Euro emerges as a symbol of effective delimitation of economic space; it express the pursuit of strategic control of the European market and represents &nbsp;change in the subordination agreement in relations with the US. 
Undermine the dollar&nbsp;and the&nbsp;North American&nbsp;economic power&nbsp;in Europe,&nbsp;limiting the&nbsp;dollar&nbsp;use &nbsp;in the negotiations&nbsp;between European countries and&nbsp;in a second&nbsp;time, to impose&nbsp;the Euro&nbsp;to the world, taking up dollar space,&nbsp;this&nbsp;is the major objective&nbsp;of the EU.
This&nbsp;would&nbsp;keep and ensure european market&nbsp;to european companies &nbsp;and countries, and&nbsp;after&nbsp;conquer the&nbsp;dollar market&nbsp;to european corporations&nbsp;and its products.
The dollar in the oil trade and the Iraq War
Remembering, the Iraq war may&nbsp;be acknowledged as&nbsp;a&nbsp;defining moment&nbsp;of the permanence&nbsp;of the&nbsp;dollar&nbsp;in the oil market, because&nbsp;Saddam&nbsp;Hussein had imposed&nbsp;negotiations only in&nbsp;Euro for&nbsp;Iraqi oil. The bad example was destroyed. This can not be&nbsp;forgotten.
Beyond&nbsp;the Iraq War, the&nbsp;US struggle&nbsp;for maintaining the&nbsp;dollar&nbsp;as an international currency&nbsp;continued&nbsp;in the form of economic and military blackmail.
Atomic blackmail to maintain the dollar as an international currency 
On the one hand, the visits of&nbsp;Hillary Clynton&nbsp;as Secretary&nbsp;of State, to China,&nbsp;Japan and Germany,&nbsp;early in the&nbsp;Obama administration, were intended to&nbsp;ensure the&nbsp;continued presence of the governments&nbsp;of these three countries&nbsp;in international financial markets, enabling&nbsp;the placement of US government securities and the consequent&nbsp;&nbsp;financing&nbsp;US&nbsp;government spending. With&nbsp;Germany and&nbsp;Japan,&nbsp;this partnership&nbsp;dates from&nbsp;70’s&nbsp;years,&nbsp;with China, from 90’s.
On the other&nbsp;hand, the&nbsp;nuclear agreement between the U.S. and&nbsp;India in&nbsp;2010, has operated as&nbsp;a&nbsp;military blackmail&nbsp;against China&nbsp;and against its proposal to stablish a&nbsp;new international currency: a threat&nbsp;of clogging&nbsp;India with&nbsp;atomic weapons&nbsp;in case of&nbsp;disruption of&nbsp;agreement to&nbsp;support&nbsp;the dollar and the&nbsp;North American&nbsp;debt&nbsp;by China.
The&nbsp;BRICs and Chinese movement&nbsp; to favor a&nbsp;new international currency&nbsp;is&nbsp;a contrary&nbsp;message to US interest and to the continuity&nbsp;of the Sino-US monetary-fiscal partnership.&nbsp;And, together the weakness of the north american economy,&nbsp;lead&nbsp;the US to&nbsp;a&nbsp;quick adjustment&nbsp;which the&nbsp;public obvious signs&nbsp;has been&nbsp;(a) the discontinuity&nbsp;of the&nbsp;Iraq and Afghanistan wars; (b) the failed attempt to&nbsp;revitalize the fiscal policy&nbsp;by Obama,&nbsp;through taxation&nbsp;of the millionaires&nbsp;and by the reducing the&nbsp;tax benefits&nbsp;to large corporations; and (3) the injection of funds&nbsp;into the economy&nbsp;by buying&nbsp;government securities&nbsp;in the&nbsp;financial and international market,&nbsp;the quantitative easing&nbsp;QE1&nbsp;and&nbsp;QE2.
German and french hesitation, fear of inflation and its electoral impact open space for intensive performance of the IMF in Europe 
In&nbsp;October/2011, Germany and France&nbsp;still hesitate&nbsp;to support&nbsp;Greece, Portugal, Italy&nbsp;and Spain, through the&nbsp;release of funds&nbsp;emissions-backed currency&nbsp; by European Central Bank.
Issue of money to save the&nbsp;Euro is compatible with the&nbsp;German strategic&nbsp;long term plan.&nbsp; But it terrifies&nbsp;economists, monetary authorities and&nbsp;German voters&nbsp;who glimpse&nbsp;on the horizon&nbsp;the shadow of hyperinflation that&nbsp;ravaged&nbsp;Germany&nbsp;in the 20´s of last century.
Angela&nbsp;Merkel's mission&nbsp;is to convince&nbsp;german voters&nbsp;–&nbsp;even though she can not&nbsp;say with&nbsp;all the words&nbsp;– the long-term&nbsp;strategic plan&nbsp;of the country must&nbsp;be continued, which&nbsp;has already achieved&nbsp;some success&nbsp;in the first stage, the&nbsp;unification&nbsp;of the two&nbsp;Germanys.
The possible strategy for Germany
For the&nbsp;German&nbsp;Chancellor, Angela Merkel&nbsp; remains to strengthen the&nbsp;EU&nbsp;and the Euro&nbsp;to position it&nbsp;as international&nbsp;trade currency and to ensure&nbsp;the European market&nbsp;for&nbsp;German business and European:
a)&nbsp; &nbsp; &nbsp;supporting&nbsp;the&nbsp;North American&nbsp;short-term measures&nbsp;in the appreciation of the yuan, as&nbsp;it represents&nbsp;a loss of&nbsp;competitiveness of Chinese products&nbsp;in Europe&nbsp;and other&nbsp;countries;
b)&nbsp;&nbsp;rejecting&nbsp;the advances&nbsp;of&nbsp;China&nbsp;and&nbsp; other&nbsp; BRICs to establish&nbsp;a&nbsp;new international currency other than dollar,&nbsp;while Europe&nbsp;is weakened and China&nbsp;is strengthened;
c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;supporting&nbsp;plans&nbsp;for regulation and&nbsp;recovery of the&nbsp;European financial system;
d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;supporting&nbsp; the stabilization&nbsp;of the economies of&nbsp;European nations;
e)&nbsp; &nbsp; &nbsp;negotiating&nbsp;trade agreements with&nbsp;other areas of&nbsp;trading&nbsp;nations,&nbsp;such as Mercosur,&nbsp;and country-to-country,&nbsp;to ensure &nbsp;opportunities for&nbsp;trade for European products;
f)&nbsp; &nbsp; &nbsp; &nbsp;boycotting&nbsp;the resurgence of&nbsp;London&nbsp;City as a world financial center;
g)&nbsp; &nbsp;&nbsp;supporting the proporsal that the resources of the BRICs are intended for direct purchase of greek, spanish, portuguese and Italian debt securities, so that&nbsp; the targeting of resources and monitoring&nbsp; of economy, of fiscal policy and monetary policy of the european countries in trouble remains the responsibility on behalf of European Central Bank and IMF did not.
The german battle against inflation in the short term is incompatible with the german plan for long term of regaining territorial and market sovereignty
Considered the&nbsp;german&nbsp;long-term&nbsp;strategy,&nbsp;the most important mission&nbsp;of Angela Merkel&nbsp;is&nbsp;less&nbsp;the control of&nbsp;currency issue&nbsp;by the European Central Bank&nbsp;and the possible&nbsp;inflationary process, but is much more the rapid&nbsp;support to Greece and the uplift&nbsp;of the economy of&nbsp;Spain, Italy, Portugal and Ireland.
Immediate interests and&nbsp;electoral&nbsp;may already be&nbsp;clouding the&nbsp;German&nbsp;long-term&nbsp;project. But,&nbsp; as&nbsp;Helmut&nbsp;Kohl&nbsp;passed into ​​history &nbsp;by&nbsp;the union of&nbsp;the two Germanys, celebrated in 10.03.1990 – &nbsp;Angela&nbsp;Merkel would&nbsp;also&nbsp;passe&nbsp;as the&nbsp;chancellor who prevented&nbsp;the&nbsp;EU&nbsp;collapse supporting the stabilization of Euro.&nbsp;She would may be&nbsp;recognized&nbsp;for having sustained the basis for&nbsp;European independence&nbsp;in relation to the US monetary policy, for European&nbsp;isolation&nbsp;to the dollar decay,&nbsp;as well as for&nbsp;distant&nbsp; sovereignty&nbsp;and territorial&nbsp;market&nbsp;recovery by Germany and&nbsp; Europe.