16 April 2015 - IMF's recipee is not secret......

16 April 2015 - IMF's recipee is not secret......

Normally, when someone has a good recipee, he/she tries to keep it for herself. At best, the recipee for success is passed on to a few intimates.

Unless....one is idealistic and is happy to share a secret with the whole world, whilst at the same time success or happiness do not disappear, despite everybody knowing it. For Christians, sharing the recipee, good news, even multiplies happiness of all involved.

Why is IMF so open anout its recipee? And why is it so succesful, regardless circumstances?

In former decades and centuries economists tried to grasp economic laws; the emergence of economy, and certainly the successful start up of a company is still much of a secret for mosts economists.

But not for IMF.

Shall we try to guess IMF's recipee's most important ingredients?

1. lower wages in order to increase competitiveness
2. deny 'race to the bottom' by stating that a) unemloyment stimulates entrepreneurship b) needs are unlimited - if current needs are fulfilled, create new needs in order to boost economy
3. minimize securities for individuals, maximize security for large corporations
4. keep countries under your financial thumb. Countries mean democracies (often) as well as laws - both are only restraining capital growth of the top
5. minimize public government; allow public services to privatize and brand themselves, keeping their original monopolistic rights
6. sell public assets to the max
7. prevent emergence of new banks and currencies- minimize the number of banks and currencies
8. convert countries to your currency in order to gain maximum power over their internal economies
9. print free money for failing banks, but do not lend money to people and small businesses
10. as IMF, be the employer of the future for anyone who gets elected
11. do not sell products or services, but impose debts on countries and individuals. After the first two millennia after Christ, capital in itself bore no fruit anymore; imposing debts on others proved to generate higher returns. An individual in need is prepared to pay a far higher price than a satisfied citizen
12. globalize your rights but localize your plights.

Philippe Blankert, 16 april 2015

http://euro-drachma-grexit.blogspot.nl/