LTRO: THE TROYAN HORSE FOR THE COLLAPSE OF THE EURO!

THE GERMAN ECONOMIC ELITE, ALLERGIC TO INFLATION, FORCED ECB TO ADOPT THE METHOD OF LONG TERM REFINANCING OPERATIONS (LTRO) IN ORDER FOR THE EUROPEAN BANKS TO LOWER THE SPREADS, IN OTHER WORDS TO BORROW CHEAP MONEY FROM ECB AND THEN LEND THE COUNTRIES WITH BIGGER INTEREST, AND HAVE GREAT PROFIT, KNOWN AS "CARRY TRADE". THERE IS AN ISSUE HERE HOW REASONABLE IS A STATE TO BORROW MONEY MORE EXPENSIVE THAN ITS OWN BANKS, BUT ANYWAY THIS IS A TECHNIQUE OBTAINING THE MUCH NEEDED LIQUIDITY FOR THE BANKS, WITHOUT THE RISK OF BANKRUPTCY DISAPPEARING! IF THE EUROPEAN BANKS, AT THIS PERIOD, DARED TO BORROW FUNDS WITHOUT THE INTERMEDIATION OF ECB, THE SPREADS WOULD BE SOAR IN THE SKY! SO, THE EURO IS IN DANGER, DESPITE THE APPEARANCES AND WHEN THE MARKETS FIND THE NEXT WEAK LINK, AS IN THE PAST, THEN THEY WILL ATTACK MUCH MORE AGGRESIVELY THAN ANY PREVIOUS TIME! THIS STUBBORN AND SHORT SIGHTED POLICY OF GERMANY, IS THE SAD STORY OF EURO'S FORETOLD DEATH!