Trichet's brain

Many wonder what goes through the head of the European Central Bank governor. Fortunately, Euribor.com.es have prepared a group of hackers that thanks to the Internet could access the PC and then Trichet keyboard to complete their fingers reaching his brain. Here you have a Polaroid photo with us and just bring a messenger.

To understand how you should do the following: In the center (black spot), we have inflation. Around in different colors have the crisis in the U.S., falling stock markets, the euro through the roof, rising delinquencies, risk of unemployment and something more.

Now look for a minute to look at inflation (black dot) and you can check the remaining problems (color) disappear.

(Optical Illusion view alt1040.com)

Understanding their operation, we understand that you are falling into the bags say that the correction in the stock markets will continue in the coming months. We looked at a school very different from Bernanke.

Basically, we should not blame everything on Trichet, as each has its particular setting that prevents you from seeing other things, it may be the desire to appear more than the neighbor, to pay credit to buy something we can not invest in something because it always rises, and so on. The important thing is to stop looking at the "black dot" and learn to see the problems around.

The news yesterday that the party aguó us all, is the bill being paid by subprime mortgages. Yesterday it was paying the bill the largest insurance group in the world, the U.S. American International Group (AIG) and amounted to nothing less than 4.112 million euros. Our brain, as if it were a bad calculator you can not with so many zeros, but is looking to be a lot of dough.

At this very delicate situation, should see how things are here, so "The Godfather" Solbes asked banks to clarify their accounts by mortgage crisis.

The vice president has insisted that the restriction of credit living the global financial markets does not reflect a liquidity problem, "but confidence in transactions between lenders and borrowers.

Here I think a little confused cause and effect as the restriction of credit is reflecting a liquidity problem is that it is produced, which in turn comes from a lack of confidence. In the end, not who said worse, if he or I ...

In this environment, we have to become accustomed to throwing a sensational headlines like this: Frenazo in building "a growing number of workers who will work in a job." While attentive to this testimony:

"To me what I pay," says a painter. "I do not I go for less than 4,000 euros." Most are not welcome that prospect. Abandon their city, its customs and its friends sandwich, cane skewer and tortilla is more than you are willing to take a salary which are not particularly agree.

I think that sometimes we get what we deserve.

Finally, remember that since yesterday we have a new forum in which to discuss all matters outside the issues of the day, you know to do the typical questions, "I renew the mortgage this month Euribor What applies in December or in January? "or" Buy or rent? "

Written by Carlos Lopez on February 12, 2008 with 168 comments
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