Attempts to solve the problem of the crisis of empty throw-trillion equivalent attempts to extinguish the fire by pouring petrol on it. It seems that Soros does not understand the systemic nature of the current crisis. ( http://crisismir.com/analiticheskie-materialy/ekonomika/13-mirovoj-ekonomicheskij-krizis-prichiny-i-posledstviya-quo-vadis.html ) Or maybe he is a persistent desire to make a speculation with sovereign bonds, if they begin to mass produce? It is familiar to him and checked. :)
Cypriot banks have nothing to save. If in fact - they are bankrupt. Depositors with the maximum possible speed of them will bring their (remaining) money. Extinguish the fire will not help either 16 billion or 30 billion, but the bankruptcy of Cypriot banks will not cause the crisis of European or global banking system. Cyprus problem, the problem is minor in comparison with the growth of a new wave of global systemic crisis ( http://crisismir.com ). the current situation is in many ways similar to 2008. Stock indexes set records, and commodity prices are falling. But the coming collapse will be much more painful.
Nature of the problems are not in stimulating consumption, and in the absence of the necessary investment in the economy ( http://crisismir.com/analiticheskie-materialy/ekonomika/13-mirovoj-ekonomicheskij-krizis-prichiny-i-posledstviya-quo-vadis.html ). The Obama administration has come essentially from the Keynesian principle that increasing demand through fiscal expansion can compensate for lack of inveatitsy in the economy. This idea gets the economy to a standstill. Creates the problem of sovereign debt and inflate dangerous financial bubbles. And they inevitably burst, bringing down the stock markets.
Situation in February 2013 on the one hand different from that in August 2008, and on the other hand is very similar. It was even worse. Central banks have practically exhausted its possibilities civilized regulate financial markets. Multibillion-dollar infusion like an act of desperation. Neither problem has not been solved by nature over the years. The necessary investments in the real sector of the economy as there was or not. The banking system is weakened. The growth of sovereign debt has significantly undermined the stability of the monetary system. Grew only speculative financial bubbles. Ahead of the inevitable collapse of the stock markets. Only in this way can happen revaluation of assets and a new system of assessment. With the global systemic crisis can not save everyone ( http://crisismir.com/analiticheskie-materialy/ekonomika/13-mirovoj-ekonomicheskij-krizis-prichiny-i-posledstviya-quo-vadis.html ). We need to develop priorities. The crisis has greatly changed the system of international division of labor.
It is considered that the main problems of the EU in the field of finance, sovereign debt in the EU's structural shortcomings as an economic union. In my view, the main problem of Europe in a catastrophic shortage of politicians who can rise to the level of the challenges and problems posed to the world global crisis. Too little of politicians for whom the future of Europe and their countries are at pervos place, but the interests of personal political career on the second. Politicians do not have the courage to take responsibility for the possible and not popular decisions. You could even say that the political will of political impotence. Europe is at a key turning point in its history. Defined place in the world to Europe train stations for decades. If Europe is to deepen integration, will go to the creation of the Confederate structure, then it will keep itself as one of the leading centers of global politics and economics. If the political impotence of politicians prevent deeper integration, it is waiting for the disintegration and transformation of Europe into a third-world province. Accordingly, the standard of living of Europeans will meet its provincial status. Laws of development can not be deceived, or ignored. The global crisis is a tool to change the world to a new level ( http://crisismir.com/analiticheskie-materialy/ekonomika/13-mirovoj-ekonomicheskij-krizis-prichiny-i-posledstviya-quo-vadis.html ). Only time will show how to solve Europe dilemu facing her.