Euro: Congestive Heart Failure

In 2012, German Chancellor Merkel said a condition of Greek Loans was repayment of bank loans. The cause of the global financial crisis is the banking system based on monetarism. Recirculating the rescue money first and foremost to the banks is like putting a hole in the septum separating the two lower chambers of the heart. Thereafter, most of the blood circulates between the heart and lungs with the rest of the body sending ever increasing urgent signals to the heart: "Speed up the circulation. Get bigger. The body is starving from a lack of oxygen- and nutrient-carrying blood." As a result, the heart starts to overwork and over-expand leading to congestive heart failure. Given that currency is the blood of an economic body, this analogy is not an analogy but is a timistic self-similarity between two levels of existence.

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