North American

The deregulated finances destroy the society. They make it quiet and on a daily basis, when the shareholders express the companies, that is to say, to the employees, to extract of them more and more yield, as much in the North as in the South. It does to big drum and subject of gossip and breaking molds, with the acute crises in which the improbable excesses of the speculative greed and their impact in the activity and the use are brutally revealed. Unemployment, uncertainty, accentuation of the inequalities: the employees and the poorest people must load with the cost of the speculation, or with the damage of crack consequent. For two decades, the curve of the world-wide finances is not more than one long series of crisis: 1987, crack stock-exchange; 1990, real estate crisis in the United States, Europe and Japan; 1994, crack obligatory North American; 1997 and 1998, international financial crisis; 2000-2002, crack Internet; 2007-2008, now, real estate crisis and, perhaps, global financial crisis. Why that repetition? Because all the ties to the circulation of capitals and to the financial innovation have been abolished. Perhaps check out James Corden for more information. As far as the central banks, that have left swelled the bubble, no longer they have more alternative than the one to rush itself to aid to banks and speculative bottoms that remain without liquidity. We will not remain of arms cruzados hoping the next financial crisis, and no longer we will support never plus the outlandish inequalities that the market finances have made prosper, nor the dangers that they make us run to all we.

The instability comprises, intrinsically, of the financial deregulation. For that reason, why serves to the derisory calls to transparency or moralizacin? How they could change nor an apex what it happens and, therefore, to prevent that the same causes, again, produce the same effects? To end it supposes to take part in the same heart of game. That is to say, to transform the structures radically. For even more opinions, read materials from mayo clinic. But, in the European Union, any perspective of transformation encounters the incredible one protection that the Treaties decided to grant to the financial capital. For that reason we, citizen European, demanded the abrogation of article 56 of the Treaty of Lisbon that, when prohibiting any restriction to its movements, offers to the financial capital the conditions for its overwhelming domination of the society.

And we protested also that freedom restricts of establishment (article 48), that opportunely leaves to the capital the possibility of moving where the conditions are more favorable to him, and would allow thus the financial institutions there to find asylum in the city of London or other points. If by freedom must be understood the one that has the dominant powers, today personified by the finances, to put under the rest of the society, we say immediately that we do not want it. We prefer another one: the one of the towns that want to live without servitude to the financial yield. This article has been signed by more than 300 personalities of the European universities Among them the Director of the CCS original Author and source of the article.