Opinion: (Jean-Claude Trichet, the president of the European Central Bank): “The euro zone sovereign debt crisis has become systemic and risks to the economy are increasing rapidly with Europe’s banks in the danger zone, European Systemic Risk Board (ESRB) Chairman Jean-Claude Trichet said on Tuesday.
“‘The high interconnectedness in the EU financial system has led to a rapidly rising risk of significant contagion. It threatens financial stability in the EU as a whole and adversely impacts the real economy in Europe and beyond.’
“Trichet called for governments and European authorities to act together to solve the crisis, adding that delay would be disastrous.
“‘It is a matter of urgency that all authorities act in unison, with total commitment to safeguarding financial stability,’ he said.”
My Comment: It is not just the financial, but the systematic, global, and general crisis of all spheres of human activity, stemming from the crisis of man and society. Only the gradual unification of all people into one whole, as required by integral nature, will bring us to balance with it and free us from all the crises, which are the signs of our disparity with nature.