“GREXIT” Amado Lorenzo
An once again ..... another crisis in
Greece and the media informing of an agreement to initiate the “third rescue”
of the Greek economy .... . The news resembles the announcement of an ex
English prime minister, many years ago, claiming that he had obtained a permanent
peace agreement with the “der fuehrer” of 1939.
Ángela Merker, the EU “der fuhrer” and
Germany´s prime minister, ex citizen of Germany democratic republic, declared
at the German parliament that it was the “best possible solution” .
HOWEVER
The German minister of economy, Mr. Schauble
and the ex minister of economy of Greece, Yanis Varoufakis, although from
different political sectors, do have the best information on the current
situation and perspective of the Greek economy, agree with my proposals (see http://www.pva-1308.blogspot.com , search “amadolorenzo” in www.youtube.com and the annex ).
That the current agreement is only a temporary
patch to avoid affecting the patrimony of the creditors, mainly … the German
banks? .... though theoretically, the
new obligations are guaranteed by identified assets (¿a mortgage?, as I
suggested for Greece, Spain and Portugal two years ago. ).
It looks that the politicians do not know
and are not interests, either, to know
the accounting and auditing procedures and prefer to maintain the deferred
debts in the balance sheets of the creditors, disregarding that their current
value is questionable, instead of deciding on other measures.
The current value of deferred debts - interest rates differential of 5%- = 34% of the debt
WHY?
Because the current Greek situation will not
permit them to increase high level employment and exports, to reduce the debt
and maintain a minimum welfare state.
When, what I call the IV Reich, proposed new
memberships to the European Union based on political decisions, against the
opinion of the technicians, that suggested to prepare these countries first, to
meet the EU requirements, Germany chose to disarm their productive capacity and
to convert then into mere consumers and providers of services with little value
added .... waiters, craftsmen, worker
not qualified, etc.
This was the first mistake, and the second,
even worst, to approve the incorporation of the “PIGS countries” (Portugal,
Ireland, Greece and Spain) to the Euro,
based on “accounting engineering” of the "book values" of real
estate and other assets, that permitted the politicians, with low or none
management capacity, but higher ability for corruption, to use the new currency
and its low interest in their benefit,
increasing the public debt with useless projects (Olympic games, useless
airports, empty highways, “magnificent buildings”, excess of non profitable
high speed trains), too many of them in our kingdom, and the responsible
politicians will never go to jail.
Executives at the EU, the European bank and the
IMF (the current and the two previous chairmen
have been indicted, but nothing will happen) are responsible of the
disaster, since they have not exercised their obligation of monitoring what the
politicians were making with the funds and credits provided to them.
Now, these countries have become
"financial colonies" of the IV Reich, originally the
"triangle" London-Paris-Bonn, then Paris - Berlin and now only
Berlin.
CONSECUENCES
As it happened in Germany after World War I due
to the Versalles agreement, as the cause for the raise of radical right fascist
movements (nazis, the Italian fascism and the Spanish “falange”) and left fascism (communist dictatorships
“Stalin”), protests started as a result of a simple manifest of only 18 pages
(!Indigne vous! of Stéphane Hessel) that was used as flag to protest against
the IV Reich by groups of young communist, pro-Castro and chavistas university
professors, as well as the groups of extreme right from France, Greek, and
other countries, even in the USA.
These groups have already affected the “two
parties Spanish system”, that due to the low democratic level of the voters
have tolerated corruption in all the institutions ( the royal family, the
politicians, the unions, the church, the media and many other ).
Exist unanimity among the economists of the
danger that the situation of Greece, the rest of the countries called “PIGS”,
and also others of the UE, get worse, reducing the quality employment, and generating more debt.
THE BALANCE SHEETS OF THE OWNERS OF “PIGS
COUNTRIES DEBT"
The deferred debts of countries with high
interest, have the same accounting “current value” that "forgiven part of
the debts", affecting their official accounts, therefore it is a fraud not
to consider it and they incur in the same offences of those which they accused
of “having altered the official accounting"- in Greece, Spain and other.
Will they dare to show the current value of the
debt in their balance sheets?
ARE THERE OTHER SOLUTIONS
?
The “der fuhrer” Merkel thinks that there are
not .... and is logical, since the
solution would mean a better distribution of the quality employment, higher
investments in I + D and the possibility of exporting products and highly
technological services by those countries ...
and it would not be accepted by the political team that currently
directs Angela, neither the politicians of the “PIGS” countries would dare to
contradict her and much less after her behaviour with Greece.
A SOLUTION
Would consist of reassigning to the
"colonies" part of the
quality employment they have lost. The necessary investments could be obtained
selling some key assets and renting other as - The Alhambra, Cordoba´s Mosque,
museums that have cost us large amounts in spite of having a lot of paintings
kept in warehouses and recover others donated to institutions.
(see solutions in http://www.pva
-1308.blogspot.com and www.youtube.com search “amadolorenzo")
In the case of Spain it is absolutely
necessary, at least during the next "thirty years" to centralised
again the management control of
activities that have been abused
... as the social security, the
functions and personnel duplicity for the same activity ..
and do not forget the "political advisors", pensions plans to ex politicians and those
foundations that receive uncontrolled public funds and are used for private
activities.
WE PRAY TO
THE GREEK GODS, ROMANS, JEWS, ISLAMIC, AFRICAN, CHRISTIAN, CHRISTIAN - ROMAN
(CATHOLIC) AND EVEN SCANDINAVIANS so that our children and grandchildren could,
peacefully, obtain a better distribution of quality jobs and wealth from the
European Union, better salaries and quality standard of living.
References:
http://www.pva
-1308.blogspot.com
!Indigne vous! of Stéphane
Hessel
www.youtube.com
conferences of "amadolorenzo"
Annex
: Recommendations included in
http:/www.pva -1308.blogspot.com
The
Financing of the political parties
A subject
that is repeated in our kingdom, as it is not a secret, the existence of a
corruption that affects most of our institutions.
The ERE
case in Andalusia (governed by the PSOE) whose fraud is too high and difficult
to assimilate. This fraud has benefited entrepreneurs, politicians, unions and
even religious institutions.
Other cases like Gurtel (PP), the Noos
institute and Corina ( Royal family), Barcenas (PP), the Pujol and Mas family
(CIU), IU(ERE) and even the new political party “Podemos” demonstrate what many
citizens think, that all the political parties do the same.
Is a
solution to reduce salaries 10% to create employment?
Someone, Who? at the IMF has declared that
a solution for Spain and other countries in difficulties would be to reduce
salaries. A 10% in the case of our kingdom.
The countries that joint the Euro using
accounting engineering without being prepared and used the low interest of the
"deutsche mark", whose model uses the European currency, to create
real-estate bubbles, corruption, unnecessary buildings and installations
(“obras faraonicas”), highways and airports that are not used, with the result
of a debt that will be impossible to pay.
Many economists of the academic environments
and entrepreneurial (very different each one concerning experience and capacity
to recommend real solutions) have advised the politicians of the drastic
solutions they should implement, but have not receive any positive reply as
they hesitate to correct their wrong management.
Now they speak of salaries reduction, but
nobody has explained what it really means. If they suggest reducing the
salaries of new employees, it would create differences so serious between the
current employees the new ones that would provoke social problems.
If they refer to reduce the salaries of
the government employees another 10%, but to maintain the high salaries of the
officials of the FMI, the UE and new companies as the “bad bank”, etc. this
would be another mistake.
The post graduate students knows that it
is a measure to increase the competitiveness, simulating a
"devaluation" because getting out of the Euro would affect French and
German banks, sovereign funds and other debt owners.
The students have arrived at the conclusion
that reducing salaries alone is not the solution, especially if these
reductions only affect new employees, local employees and minimum salaries.
Instead of implementing new salaries
reductions it would be better to implement some improvements:
* To reduce immediately the current
government structures (duplication of employees and politicians), 90% of the advisors, the salaries and fringe
benefits of the EU officers, ex presidents of our CCAA, etc. with retroactive effect.
* To reduce the maximum pensions, not the
small ones, limit the pensions that the politicians have established to
themselves to the scales and ages of the Social Security.
* To reduce the debt through a negotiation
with the debtors, offering buildings, “obras faranicas”, renting monuments (the
“Alhambra”, the Mosque of Córdoba, the “Valle de los Caídos” and others) to the
sovereign funds who owns our debt, to reduce the interest payment "interest differential" which is
in fact a German fraud.
There are many other ways to reduce cost,
like a better utilisation of embassies, consulates and commercial offices, both
inside and outside of the EU. Installations to be used by all EU members would
save billions of dollars and increase efficiency, but nobody dares to recommend
it.
Too many journalists and even
“economists?” make comments in the media about salary reduction but do not know
the real impact, but “talk about the
subject”.
CONCLUSION
The Kingdom of Spain is in a very difficult economic situation, but there
are solutions.
However, the politicians refuse to cancel their fringe benefits delays
the recovery. We refer to the
politicians at the central government, the “CCAA”, with their thousands
of personnel with duplicate functions, hundreds of ex presidents with illegal
pensions, the excessive cost of the European Union.
An idea to reduce the cost of the royal family in
Spain
A tax to be paid by each one of the owners of a “titulo nobiliario”. From
5000 Euros for “condes”, to thirty thousand for “marqueses”, dukes and more
additional for the titles with greatness of the kingdom (“Grandes de España”.
Additionally we could create each year new titles to be offered to
entrepreneurs that create employment, according to the financial needs, at a
price between ten and fifty thousand Euros.
Those titles that remained free due to unpaid fees by theirs prior owner
would be offered in auction, as long as the new noble comply with some minimal
ethical conditions.
Draft Nº 3 - 23jul2015
