Resolving the Global
Economic Crisis
“Solving the Global Economic Crisis requires the involvement
and participation of Emerging Nations.”
The Quotations of Slim Fairview
I. MECHANICS
Before the global economic crisis can be solved, the
problems of emerging nations must be addressed—by the emerging nations
themselves. They must take charge. Autonomy = Equality. Therefore, the first three things that must
be done are to establish the following:
Emerging Nations Economic Union
Emerging Nations Economic Unions
Global Consortium of Emerging Economic Unions
II. OVERVIEW
Areas I’ve discussed in Emerging Nations Economic Union
involve a combination of Cash Payments + Capital Investment for by
Industrialised Nations that want to do business with Emerging Economies.
Cash payments plus capital investment This will result in declining foreign direct
investment over time as revenues increase from various sources, enabling each
emerging economy to move toward autonomy.
Autonomy = Equality.
Capital Investment should be spread throughout each nation and
among a variety of sectors and industries. For example:
Energy
Private: Oil, Solar, Hydroelectric
Public: Government
owned or regulated monopolies E.g. utilities (Public Utilities) analogous to
our old Phone Company, “Ma Bell”.
Trade
Emerging Nations can best be served by establishing a Nation
to Nation Exchange; a marketplace for doing business with the nations in the
Emerging Nations Union--an exchange, not unlike the Stock Exchange for Representatives
from industrialised Nations and Representatives from Emerging Economies to meet
and to negotiate transactions.
III. CRUCIAL TO SUCCESS
1. Emerging World Bank. This is to handle financial transactions a
monetary transfers in trade and commerce.
2. Emerging World Monetary Fund. This is to bring funds to activities in the
various emerging nations through MicroFinance and other programmes.
3. Emerging World Council. This is to provide a legal framework and
structure and to serve as The Legal Entity for relationships with other legal entities
and structures. For example: for dealing
with
- The World Bank
- The IMF
- The World Court
- The World Health Organisation
- Et. Alia.
This enables Emerging Nations to speak with a collective
voice and to have the clout of those who represent more than 2,000,000,000 (Two
Billion) people in addition to the resources and natural resources rightly
belonging to the more than 2,000,000,000 people who live in the countries of
the Emerging Nations Economic Union.
This is a new version of the law of large numbers. In this version:
“You represent a
large number of the world’s People;
therefore you participate in making the
laws.”
Emerging World Court: This is to resolve disputes among the Emerging
Nations and to resolve other matters as established and agreed to at the Emerging World Council.
IV. Benefits to Emerging Nations
With the four legal entities established
- Emerging World Bank
- Emerging World Monetary Fund
- Emerging World Council
- Emerging World Court
And with
Several Emerging Nations Economic Unions having been
established
And with
A Union of Emerging Economies Union having been established
The Emerging Economies can begin to benefit from size and
co-operations with
- More leverage
- More negotiating power
- Better Global Organisation
- Better Long term strategic planning
- Better results for a better life for more and more people.
V. Who and Where are You?
This is for the emerging nations to decide for
themselves. This worked for The European
Union (Do not adopt a single currency); It is in evidence as China attempts to embrace
Western Asia; It may include the Middle East as OPEC attempts to protect future
oil revenues; It is being planned for Eastern Europe with President Putin’s
plan for a Eurasian Economic Union; and can be vital in Asia, Africa, and in Latin
America. And do not forget NAFTA.
VI. Caveat
At the conclusion of my report on Economic Development in
the Slate Belt area of Pennsylvania, USA 13 years ago, I issued this stern
admonition to my fellow Slate Belt Citizens.
I warned them of the results of our failure to act. I said,
“If we don’t do it, others will. However, they won’t do it
for us, and they won’t do it with us, they will do it to us.”
Now is the time for Emerging Nations to form their Emerging
Nations Economic Union and a Union of Emerging Economic Unions.
VII. Epilogue
Form Follows Function—Bauhaus.
Slim Fairview, “If you can’t sit on it, it isn’t a
chair. However, just because you can sit
on it, doesn’t mean it is a chair.
“If you can’t eat it, it’s not food. However, just because you can eat it, doesn’t
mean it is food.”
An Old Chinese Saying
warned of this: “Never underestimate
the power of a symbolic gesture.”
Slim Fairview: “Remember,
the power of a symbolic gesture resides with the person making the gesture.”
People Can’t Eat Symbolic Gestures.
"You cannot stop the arrival of history, you can only delay it. History is coming." ~ Slim Fairview
VIII. Additional Reading
“And President Obama Said….”
An article about the success of China and American Exceptionalism.
“Emerging Nations Economic Union” About the need to
establish an Emerging Nations Economic Union and the tricks used by
Industrialised Nations to exploit Emerging Nations
The Unspoken Understanding A companion piece to Emerging Nations Economic Union about how to deal effectively with
those who want to exploit Emerging Nations
Warmest Regards and best of luck.
Slim Fairview
Copyright © 2014 Slim Fairview / Robert Asken
All rights reserved.
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