The Side Street Journal: GREEK PROPOSAL

Dear Mr. Prime Minister,

Please find the following Proposal for submission to the EuroCrats. The Proposal is written in the form of a fait-accompli.

Very truly yours,

Slim.

THE FINAL PROPOSAL OF GREECE

Whereas all proposals submitted heretofore have been deemed unacceptable, and

Whereas the Debt Crisis arises from the Economic Crisis; and

Whereas the efforts to resolve the Debt Crisis cannot be resolved without first resolving the issue of the Economic Crisis, we are submitting this fait-accompli.

Greece will amortise the Greek debt over a period of 10 years or 15 years with a balloon payment. The exact terms to be declared upon the completion of the following:

A financial statement analysis

A cash flow forecast

The establishment of an economic growth model

through capital investment.

II.

Greece will meet with Madame Lagarde of the IMF and with Mario Draghi, of the ECB in Greece to construct a Memo of Understanding upon which the final agreement will be based. Chancellor Merkel will not be represented at this meeting.

III.

Madame Lagarde and M. Draghi will present the terms to the European leaders for their approval.

If the terms of this Memo of Understanding are rejected, I will

Cancel all debts owed by Greece by Executive Order;

Declare ourselves no longer to be members of the EuroUnion;

Join in the formation of an E 20 as outlined in the presentation attached by link;

Assist in the forming of a Union of Emerging Economic Unions and join same;

Negotiate a Capital Investment treaty with China; and

Negotiate a natural gas treaty with Russia.

IV.

CAVEAT TO THE CHANCELLOR

If you take vengeance against Greece and against the Greek People, The people of emerging nations will remember.

they will remember The Kaiser, they will remember The Fuhrer, and they will remember The Chancellor.

Whereas the haves are increasing arithmetically and the have-nots are increasing geometrically; and

Whereas the rising global challenge is not the difference in the number of dollars between the haves and the have-nots; and

Whereas the rising global challenge is the difference in the number of people between the haves and the have-nots; and

Whereas this is not a sustainable model;

We will, in addition to the aforementioned actions, invite other nations whose austerity constraints has financed The Chancellor’s economic machine, to join us in

forming an Emerging Nations Economic Union,

to join a Union of Emerging Nations Economic Union, and

to participate in the forming of an E 20.

VI.

In the repaying of Greek debts to the sovereign creditors, all payments will be made from the money derived from the positive results of Capital Investment, Economic Development, and Growth.

To justify above we will offer the following information in evidence.

Has Europe Embraced Merkel’s strict adherence to the theory of Austerity?

Yes.

Has the European Economy improved?

No.

Has the European Economy worsened?

Yes.

Conclusion:

Austerity is a failure.

Austerity should be abandoned.

To support the position that the European Economy has not improved, we offer in evidence the QE programme initiated by The ECB.

If the European Economy had improved, there would have been no need for the QE programme.

In addition, we offer in evidence: German Post-War Debt Forgiveness.

If you wish compurgation with academic substance:

Dr. Albert Einstein said, “You don’t get yourself out of trouble using the same thinking you used to get yourself into trouble.” ~ Albert Einstein.

In addition, it should be underscored, If Greece cancels its debts by executive order, then sovereign creditors who do not receive payment will have no option but to appeal to the ECB for Debt Relief.

The ECB can extinguish one small fire or extinguish six small fires.

VII.

Abandonment of Rules:

Case in point: The restrictions on monetary transfer to intra-national transactions only has had the net effect of placing viable businesses, engaged in trade and commerce, and in employing Greek people, in the position of unable to engage in trade and commerce.

The rules say, a functioning business that employs Greeks is not allowed to function.

This is not acceptable. Therefore, this being an example, rules that prohibit trade and commerce will be declared invalid by executive order if deemed to be necessary and proper.

Submitted

AMDG

______________________________________

Alexis Tsipras

Prime Minister of Greece.

____________________

Date.

Warmest regards and best of luck,

Slim.

Additional Reading

Solving the Emerging Crisis

Emerging Nations Economic Union