EuroTheatre
What we are witnessing is pure theatre. The statements are nothing but posturing. And
it is happening because it is so blatant and so transparent.
“You cannot cut wages, fire people, raise taxes, and call it
a solution.” ~ Slim Fairview Europe, and Greece, need capital investment,
economic development, and growth.
“A one pronged approach is not a solution. It is a weapon.” I created a metaphor to explain why austerity
won’t work. I entitled it, Merkel
and the Salesman. This explains why austerity does not work, will not work,
cannot work.
It was on 2 May 2013 that I wrote this:
*******
“I have long since projected that China
will spearhead a group of "Pledge Nations" that will create a Global
Sovereign Investment Fund that will infuse money into the Economy of Europe,
into the hands of People, not into the hands of bankers to improve the
financial position of big lenders and their big investors.”
This
is not about politics. This is not about economics. This is about
process management. That and the 10 Big Lies that have perpetuated the
destruction of lives through the destruction of the European Economy.
Now,
now, is the time to Stop Digging! With each passing day, European Leaders
are digging a deeper and deeper hole.”
*****
2
May 2013: Merkel’s
Big Lies. This article listed the 10 propaganda tricks to validate the
strict adherence to Austerity.
At
the same time, people have begun discussing whether or not China will play a
role in the Greek Economic Crisis. Well,
as I stated 2 years ago, yes!
This
plays out against the back drop of US-China talks in Washington, D.C.
As
far as the markets go, I used to say, “When the numbers out of China are bad,
the Wall Street Experts gloat. When the
numbers out of China are good, the Wall Street Experts doubt the numbers. Now, they call it a bubble. (Perhaps I am an
influencer.)
I
also pointed out: “China will succeed because China will do as we did and not
as we say.”
Case
in Point: We raise concerns about China’s activities in the South China
Sea. China, however, has been given the opportunity
to say, “Manifest Destiny”.
China
has invested in Asia, Africa, Latin America, and is doing business in Europe and
the US. Anyone who possesses a nodding acquaintance
with portfolio management will see this as a diversified investment portfolio.
A
bailout is not the solution. The
solution is Capital Investment, Economic Development, and Growth.
The
EuroCrats have a narrow window of opportunity.
If they don’t do it, China will.
By way of metaphor: China will ship Saudi Arabian oil on Greek Ships,
through the Nicaragua Canal to China and the rest of Asia.
“But
don’t bother listening to me. Everyone always doesn’t listen to me.” ~ Slim
Fairview. From The Quotations of Slim
Fairview.
Warmest
regards,
Slim
Copyright
© 2015 Bob Asken (writing as Slim Fairview)
All
rights reserved.
