Spain bailout boosts Euro and stocks.

There is still 25% unemployment in Spain but stocks markets have increased in value this morning. What a relief for all those investors and their petty fortunes and for the traders and FX sites and brokers and so on. Where does the money come from to raise stock prices and where does it go when then indices go down? Whoever is selling then buying and then selling are responsible for the indices going up and down. It is their view of the economy which causes the fluctuations in the indices but theirs is a narrow view - about the potential to make money. Yet the world sees these stock markets as the gauge of economic health and is relieved or shit scared accordingly. The predicament of the big first world economies was a result of investment booms and liquidity issues of lenders; the continuing problems are still caused by investors. None of the governments are going to take on their respective financial sectors but it is they who are responsible.  Most governments instead have unwisely reduced government spending. But, as public spending is not the problem or its cause, the uncertainly and credit issues will continue and unemployment will increase. All debts and interest payments have to be frozen and that credit bubble to isolated for there to be a way out of this but that will not happen as that debt and interest is a source of investment income for the financial sectors.