2012年2月28日星期二

New red cliff

Yesterday have opportunity to renew the famous director John woo's "red cliff," big, in the heart not produce infinite daydream. In the history of The Three Kingdoms, peremptory is a watershed in the red. Think that year, prime minister cao with a mighty army to the red cliff, ready to set all the world, what is the momentum. Unfortunately, he underestimated the chongqing light IQ, a fire burned word finds itself courting an apart to roar, and finally led more than 20 plexus game hua-rong-dao escaped from added indignity. Since then, the red laid the three countries of the world war one gains the situation. The red date, cao prime minister annexed green, quiet,New Era Hats and four states, hebei, have half of China's momentum can say is fierce. In the exercise of the red army ZhaoAn way again the good war lacking, can say everything is sorted, only owe the east wind. But the east wind gave SunLiu coalition, for weeks paper and Mr. The bore out at a glance CaoJun RIPS, CaoJun in water by ships end to forcefully built although connected flat as the earth, but also do such as the land deck is dead, no sense of flexible, gave the HuoGong opportunity, the result not from the war. The prime minister cao BaiZhao unexpectedly now and in, in what is now the euro zone. According to the father of the euro mundell optimal currency area of theory, this is I was a big topic dr test, as long as in an area of different countries, the labor force elements can free flowing, capital can free output, product can meet each other, can be unified for a currency area, a single currency, and it is the best results. Germany, France is formulated in accordance with the theory of the euro convergence standard, roll out the euro, set up the euro zone. Up to now, the eurozone has expansion to 17 countries, including 320 million of the population. On the surface, the euro is not not strong, and basically reached its original intention of established, get rid of the international monetary system dollar's hegemonic status. But as stern as powerful connected, weakness and more prominent enough flexibility is stiff. For the dollar or the other sovereign money, monetary policy can be relatively flexible in growth and inflation balance between, but for the euro zone, standard is standard, must resolutely implement, otherwise, the league will collapse. You look at the recent Britain and the euro zone monetary policy are the obvious example, Britain and the euro zone crisis similar in after, faced with the same inflation pressure and economic malaise, but Britain could not raise interest rates, the central bank raised interest rates to the situation, it is the sovereign debt crisis country to fire roast, one more wood, added fuel to the fire. Thus, we see the Greek problem increasingly fierce, the CDS has reached 2000 basis points, Italy, Spain, Ireland, endless problems CDS into positive 500 basis points. Obviously, in the dollar and the euro's war,NFL hats the euro has his backyard up fires burning. The euro since birth since 1999, 2008 years ago, with no experience of what big crisis, and the way the automatics is, as the father of the euro's mundell has become the Chinese universities many high brow functions, the optimum currency area theory has become the key universities exam, but, after the crisis, we found that theory lacks a the most fundamental and most easily neglected elements, that is the concept of all countries policy is different, or countries policy culture is great different, and in this on, and not a centralized mechanism makes this idea or cultural undertake unity, lead to the euro HuaiGuiTai all over the world, thus face self-defeating of the situation. I heard that the prime minister wen and go to Europe to the rescue, there concerning heroes, but China's rich, experienced three kingdoms that history also only I counsel is China, counsel is rich, RMB internationalization become the very will three todate.

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