History has taught that the collapse of the pillar of prosperity in a society always leads to revolution – and revolution is now rattling at the gates of Greece, Portugal, Spain, Italy and France. Below is an 8-step rescue plan for the Euro and a proposal to re-index all the European stock exchanges to dramatically improve the standard of living in the above mentioned countries.
The above comments are paraphrased excerpts from An Open Letter to the IMF, ECB & EU by Wim Grommen which can be found below:
The following article is presented by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and the FREE Market Intelligence Report newsletter (register here; sample here). This paragraph must be included in any article re-posting to avoid copyright infringement.
An Open Letter to the IMF, ECB & EU
28 august 2014,
Topics: “8-step Euro rescue plan” and “Re-indexing European stock exchanges”
Dear Ms Lagarde (IMF), Mr. Draghi (ECB) and Mr. Van Rompuy (EU),
Now that the welfare of many citizens in Greece, Portugal, Spain, Italy and France threaten to sink beneath the critical point, it is important that there be a solution for these citizens in the short term. As history has taught, the collapse of the pillar of prosperity in a society always leads to revolution, and signals have reached me through the media that revolution is rattling at the gates of each of these countries.
I acknowledge that the governments of the above-mentioned countries, regardless of their political persuasion, see the economic situations of many of their citizens with sorrow but believe they have their respective backs to the wall. Therefore, to remedy such subsistence conditions in their countries, I suggest that the governments of Greece, Portugal, Spain, Italy and France each approve, and implement prior to January 1, 2015, my proposed “8-step Euro rescue plan“ that I have prepared (see appendix) for database administrators of banks in these countries.
Upon implementation of the proposed plan,
- citizens in the above-mentioned countries would have sufficient funds to live in a dignified manner
and, in doing so,
- your respective organizations would be able to:
- present themselves as a Robin Hood – a Robin Hood who takes care of all individuals in society – and also
- prevent chaos in the financial markets which always arise due to revolutions (as demonstrated by the wide spread disastrous consequences the stock market crash in 1929 had on societies).
For additional background information, I refer you to my paper “Current problems associated with the end of the third industrial revolution” which was presented at The Economic Crisis: Time for a paradigm shift, Towards a systems approach International Symposium in Valencia, Spain.
I also request that you consider my proposal to re-index each of the European stock exchanges at 100 points. For additional background information on this proposal, I refer you to my articles The Dow Jones Industrial Average: a Fata Morgana and Will Obama manipulate the Dow Divisor? From fiction to reality
- Comparison of Past & Present Performance of Dow Is Meaningless! Here’s Why
- Take Note! The Dow 30 Was Injected With Steroids On Sept. 23rd, 2013
- The Dow Jones Index is the Greatest of All Ponzi Schemes
- Beware: The Dow 30’s Performance is Being Manipulated!
Your invitation for a discussion on the topic “8-step Euro rescue plan” or the topic “Re-indexing European stock exchanges” would be welcomed.
A concerned European citizen
1. 8-STEP EURO RESCUE PLAN
The following 8 steps need to be performed by database administrators of European banks on December 31, 2014 to resolve the euro crisis and give those citizens in their countries living beneath the poverty line a dignified existence again in 2015.
Step 1: Log in as the table owner of the table “current_account_citizens” on the production database
Step 2: Disable all triggers on the table “current_account_citizens”
Step 3: Disable all check-constraints on the table “current_account_citizens”
Step 4: Run the following update statement on the table “current_account_citizens”:
- update current_account_citizens
- set balance = balance + ecb_ donation_to_citizen
- select identification_number from citizen_tax_administration where annual_income < norm_annual_income)
In the coming months there would be consultations between the IMF, ECB, EU and the Governments on the values of the variables ecb_ donation_to_citizen and norm_annual_income. The values of these variables would be determined for each country.
Step 5: Commit to make this update statement permanent
Step 6: Enable again all check-constraints on the table “current_account_citizens”
Step 7: Enable again all triggers on the table “current_account_citizens”
Step 8: Log off the production database
Should the above plan not receive the necessary approvals, then database administrators could assume some of their own moral responsibility and, depending on the extent of their Robin Hood feelings, decide themselves who of their compatriots were eligible for a gift and also how high it would be.
Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.
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