Merkel Blinks! Slim Wins!

Merkel:  I will not let Greece Default.

Now that Chancellor Merkel has revealed that she alone is in charge, Merkel has also revealed she blinked.

Last week I received a retweet.  Sarkozy declaimed that Merkel is not the problem.  Who said Merkel was the problem?  To the best of my knowledge, I am the only one who's said, Merkel is the problem.

Merkel's Last Stand

Two Down, Merkel to Go.

The EuroCrats'  Trojan Plan: Destroy Greece!

Oops!  EuroGlitch

You Can't Fool the Lion

I said it at great length, in great detail, and in no uncertain terms.

Need I explain that the one pronged approach of Merkelism is a weapon not a solution?

Merkelism:  An economic system based on the fear that someone, somewhere, is earning a living.

"The rise or fall of the middle class is a leading indicator of a countries economic well being." Slim Fairview

China: rising middle class, rising economy.

India: rising middle class, rising economy.

Soviet Union: No middle class, no Soviet Union.

US: Declining middle class, follow the path of the trajectory.

If Greece needs to look to a model, try Poland.

The Greek government cannot cut wages, fire people, raise taxes and call it economic reform. That course leads to economic disaster.  However, more than losing the election by creating problems of austere proportions, the government worries more about the rhetoric of the solution.

People are finally conceding the call for Growth. Tim Geithner--finally. And Drs. Rogoff and Krugman--on Fareed Zakaria GPS--at odds on most things provided me with vindication, validation, and concurrence. They embraced the need for growth and that austerity will drive down GDP.

What do the EuroCrats fear?

To have growth, you need economic development.

To have economic development, you need capital investment.

To have capital investment, you need investors who expect to make a profit.

Privatisation is not a dirty word when the Greek bus drivers owns stock in the Athens Bus Company.  Remember Poland?  For decades, the Polish people were ground beneath the boot-heel of communist military occupation.  Where is the Greek Lech Walesa?

Bailouts are an expensive way to perpetuate an even more expensive problem.  Still.  You must do your reading assignment.

Merkel's Last Stand:  http://slimviews.blogspot.com/2011/12/merkels-last-stand.html

Too Greek to Fail:  http://slimviews.blogspot.com/2012/01/too-greek-to-fail.html 

Two Down, Merkel to Go: http://slimviews.blogspot.com/2011/11/two-down-merkel-to-go.html

China! Economics! Diversification!  http://slimviews.blogspot.com/2012/01/china-economics-diversification.html

You Can't Fool the Lion:  http://sidestreetjournal.blogspot.com/2011/12/you-cant-fool-lion.html

Your Dentist Can't Solve the EuroCrisis: http://sidestreetjournal.blogspot.com/2011/12/your-dentist-cant-solve-eurocrisis.html 

All crucial, essential, but not as essential as Chancellor Merkel Stepping down, and the EuroCrats embracing Capital Investment, Economic Development, and Growth.

Sincerely, 

Slim

slimfairview@yahoo.com 

Copyright (c) 2012 Slim Fairview

All rights reserved.