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Thursday, November 18, 2010

THEY WILL CONTINUOUSLY STRIKE ON EU,TO DIVIDE US,BUT THIS IS OUR BIG CHANCE FOR A STRONG UNION

THEY ARE SHOUTING TO EUROPE ,IN ORDER TO HEARING THE USA

(clicking on the title we will be directed to an IMF abouts article)

The Republic of Korea is honored to chair the Group of Twenty in 2010.


The G20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the global financial market. Since its inception, the G20 has held annual Finance Ministers and Central Bank Governors' Meetings and discussed measures to promote the financial stability of the world and to achieve a sustainable economic growth and development.


To tackle the financial and economic crisis that spread across the globe in 2008, the G20 members were called upon to further strengthen international cooperation. Accordingly, the G20 Summits have been held in Washington in 2008, and in London and Pittsburgh in 2009.
The concerted and decisive actions of the G20, with its balanced membership of developed and developing countries, helped the world deal effectively with the current financial and economic crisis. The G20 has already delivered a number of significant and concrete outcomes. It committed to implement the unprecedented and most coordinated expansionary macroeconomic policies, including the fiscal expansion of US$5 trillion and the unconventional monetary policy instruments; significantly enhance the financial regulations, notably by the establishment of the Financial Stability Board(FSB); and substantially strengthen the International Financial Institutions(IFIs), including the expansion of resources and the improvement of precautionary lending facilities of the IFIs.
Reflecting on these achievements and recognizing that more needs to be done to ensure a strong, sustained and balanced global recovery, the G20 Leaders at Pittsburgh Summit designated the G20 as the premier forum for international economic cooperation. In 2010, the June Summit will be held in Canada, and the November Summit will be held in the Republic of Korea.

Building on past achievements and close cooperation among members, the G20 will double its efforts in 2010 to help the world make a successful transition from global recovery to stronger, more sustainable and balanced growth.


We look forward to working closely with our Troika colleagues, the UK and France, and drawing on valuable experiences of other G20 members. The Republic of Korea will spare no effort to ensure success in 2010.
SOURCE  http://www.g20.org/index.aspx





THE GLOBAL  OLIGARCHIC  FORCES   WHICH  ARE  GOVERNING OUR SPHAERA (WORLD) ARE  PUSHING  EUROPE,BY USING THE UNKNOWN-KNOWN   MARKET  POWERS .
NOBODY CARES ABOUT WHY THEY AREN'T STRIKING   THE   POUND STERLING   FOR THEIR  PROFITING,WHEN ALL ECONOMIC CYCLES KNOW THAT UK  ECONOMY ISN'T WELL POSITIONED AND RECOVERY IS FAR WORSE THAN EUROZONE   ???
THEY BEGAN WITH ASIA SOME YEARS AGO ,THEN THEY PROCEEDED TO THEIR MOTHERLAND USA AND AFTER THE COLLAPSE OF THE HOUSE BUBBLE (APART FROM OTHER BUBBLES BEFORE ) AND THEIR BLACKMAIL FOR THE BANK SECTOR NOT ONLY IN USA BUT IN EU ALSO,THEY PERSISTENTLY  STAYING IN INTERNAL EUROZONE  MARKET.
   THEY GOT GREECE VERY EASILY UNDER THEIR CONTROL ,USING IT AS THE PARADIGM(IMF IS MAINLY BASED ON PRIVATE  STAKEHOLDERS ,BUT NOBODY GIVES  THE END USERS  AS  NATURAL PERSONS  AND NAMES,APART FROM BANKS AND INSTITUTIONS).
THEY ARE PROCEEDING WITH IRELAND ,AFTER THEY GOT FROM THAT  COUNTRY WHATEVER  THEY COULD ,BY PROMISING AN ENDLESS ECONOMIC MIRACLE ,BEING LOW TAXED BY THE ACTUAL SHAREHOLDERS OF THIS TIGER STATE ,THE CITIZENS.
THEY ARE  READY  FOR  PORTUGAL,SPAIN,ITALY,BELGIUM FROM THE SO CALLED DEBT STRONG ECONOMIES (THEY LEAVE FOR THE END FRANCE ,GERMANY ).
WE DON'T MENTION AT ALL THE ECONOMIES OF
HUNGARY,ROMANIA,BULGARIA'S  AND OTHERS  APART FROM THE  ICELAND'S AND ARABIC PENINSULA'S  EXPERIMENTS.
EU IS THE MAIN GLOBAL FEEDER AND CONSUMER  FOR A LOT OF ECONOMIES BUT NOT A MAIN SUPPLIER.
THE   POLITICIANS WHO HAVE BEEN RAISED  TO BE GOVERNMENTAL OFFICIALS,
THROUGH A LONG HIERARCHICAL PROCEDURE ,LIKE COMMUNISTIC REGIMES DID  AND STILL DO ,
  • WHY  THEY HAVEN'T SPOKEN AT ALL TO THE PEOPLE ,FOR THE  POSSIBLE NEGATIVE CONSEQUENCES  ABOUT THE CREDIT POLICIES WHICH ALL  PARTIES WERE FOLLOWING   FOR THE LAST 30-40 YEARS ?
  • WHY   THEY  HAVE ACCEPTED AT EARLY 70'S (EVEN IF DECISIONS HAD BEEN TAKEN FROM 30'S) TO PUT  ASIDE THE   GOLD,AN ANCIENT GOLDEN RULE FOR ALMOST 3000 YEARS ?
  • WHY THE POLITICIANS OF  THE  REPRESENTATIVE   DEMOCRACIES AND COMMUNISTIC REGIMES  SUDDENLY HAVE REMEMBERED CORRUPTION,WHICH WAS THE  ETHICAL BASIS FOR THE GLOBALIZATION TO PUT ON ITS  HANDS   OVER  THE  CITIZENS FORTUNES ?
  • WHY THEY DON'T PROCEED TO AN  APOCALYPSE  OF THE MAIN KEY PERSONS  WHO ARE RESPONSIBLE FOR THE  REMARKABLE  LOSSES and GAINS  DURING  THE CRISES ,WHICH NOW CITIZENS ARE CALLED TO PAY THEM,THROUGH THE BANK COLLAPSE COVERING   ,WITHOUT UNDERSTANDING WHO IS GOING TO BE PAID AGAIN,AS AN END  HUMAN  BEING BENEFICIARY?
  • WHY NOBODY OF THEM ,ESPECIALLY TO OUR EUROPE TELLS TO THE PUBLIC ANALYTICALLY  ABOUT OUR 27 NATIONS DEBTS (WHICH WE KNOW ALREADY AND AT PREVIOUS POSTS WE HAVE PUBLISHED SOME),SO WE THE EUROPEANS TO KNOW WHAT IS THE SUM OF OUR TOTAL EUROPEAN DEBT AND TO WHOM EXACTLY OUR CITIZENS OWE THESE MONEY?
ALL THESE POLITICIANS ,WHO ARE GOVERNING US FROM DIFFERENT POSITIONS,
FOR THE LAST 30-40 YEARS
HAVE  THEY EVER THOUGHT THEIR RESPONSIBILITY,WHEN THEY FOLLOW THE OPINIONS OF THE FEW,SUPPORTED BY  A WELL CONTROLLED SCIENTIFIC COMMUNITY,IN SUCH IMPORTANT ISSUES ?
HAVE THEY THOUGHT THE  PEOPLE'S ANGER ?
HAVE THEY THOUGHT THAT THEY HAVE TO PAY TOO,WHEN THEY ARE CALLING THOSE ,WHOM THEY ARE ON THEIR SERVICE  TO DO SO   ?

LATELY WE HEAR VOICES OF THE   GLOBAL OLIGARCHS THAT THE  PRIVATE SECTOR WOULD LOVE TO LEND THEIR MONEY TO THE CITIZENS.
WHICH ARE THESE PRIVATE INSTITUTIONS (BY THEIR MAIN NATURAL PERSONS SHAREHOLDERS ) ,WHO HAVE A POWER MORE THAN THAT  OF PEOPLE, AND WHO CAN BEAR  TO LENDING  US ,FOR A LONG PERIOD (ESPECIALLY  THE EUROPEANS WHO  WE  ARE FEEDING THE GRAEA (GLOBE ) ,BY A LOT OF MEANS)  ?????

 THEY  WHO  ARE ACCUSING  THE  PEOPLE OF OUR EUROPEAN NATIONS AND  ARE ADVISING AUSTERITY MEASURES,WHICH ON A LEVEL SHOULD BE FOLLOWED,THEY SHOULD ALSO  SHOW TO THE PEOPLE THE JUST WAY,EVEN IF SOME OF THEM MUST ENTER  TO THE  JAIL.
WE AREN'T JUST WHEN WE CLAIM FOR OUR PERFECTION,PRODUCTIVITY AND POWER,
WHICH ACTUALLY IS BASED ON THE PEOPLE OF EUROPE AS A WHOLE
AND  AT THE SAME TIME OUR JUSTICE SYSTEM  TO  COVERING THE THIEVES.

THANKS ALL THESE POWERS  ,
WHICH ARE SUPPORTING OUR FIGHTS FOR

COOPERATION
VERITAS/JUSTITIA/LIBERTAS

A UNITED EUROPE,THE EUROPE OF NATIONS,PEOPLE AND CITIZENS


AGGELOS



Is the American Dream Over?

America has long been a country of limitless possibility. But the dream has now become a nightmare for many. The US is now realizing just how fragile its success has become -- and how bitter its reality. Should the superpower not find a way out of crisis, it could spell trouble ahead for the global economy.


It was to be the kind of place where dozens of American dreams would be fulfilled -- here on Apple Blossom Drive, a cul-de-sac under the azure-blue skies of southwest Florida, where the climate is mild and therapeutic for people with arthritis and rheumatism. Everything is ready. The driveways lined with cast-iron lanterns are finished, the artificial streams and ponds are filled with water, and all the underground cables have been installed. This street in Florida was to be just one small part of America's greater identity -- a place where individual dreams were to become part of the great American story.

But a few things are missing. People, for one. And houses, too. The drawings are all ready, but the foundations for the houses haven't even been poured yet.

Apple Blossom Drive, on the outskirts of Fort Myers, Florida, is a road to nowhere. The retirees, all the dreamers who wanted to claim their slice of the American dream in return for all the years they had worked in a Michigan factory or a New York City office, won't be coming. Not to Apple Blossom Drive and not to any of the other deserted streets which, with their pretty names and neat landscaping, were supposed to herald freedom and prosperity as the ultimate destination of the American journey, and now exude the same feeling of sadness as the industrial ruins of Detroit.

Florida was the finale of the American dream, a promise, a symbol, an American heaven on earth, because Florida held out the prospect of spending 10, perhaps 20 and hopefully 30 years living in one's own house. For decades, anywhere from 200,000 to 400,000 people moved to the state each year. The population grew and grew -- and so too did real estate prices and the assets of those who were already there and wanted bigger houses and even bigger dreams. Florida was a seemingly never-ending boom machine.


Could the Dream Be Over?
Until it all ended. Now people are leaving the state. Florida's population decreased by 58,000 in 2009. Some members of the same American middle class who had once planned to spend their golden years lying under palm trees are now lined up in front of soup kitchens. In Lee County on Florida's southwest coast, 80,000 people need government food stamps to make ends meet -- four times as many as in 2006. Unemployment figures are sharply on the rise in the state, which has now come to symbolize the decline of the America Dream, or perhaps even its total failure, its naïveté. Could the dream, in fact, be over?

Americans have lived beyond their means for decades. It was a culture long defined by a mantra of entitlement, one that promised opportunities for all while ignoring the risks. Relentless and seemingly unstoppable upward mobility was the secular religion of the United States. Alan Greenspan, the former chairman of the Federal Reserve, established the so-called ownership society, while Congress and the White House helped free it of the constraints of laws and regulations.
The dream was the country's driving force. It made Florida, Hollywood and the riches of Goldman Sachs possible, and it attracted millions of immigrants. Now, however, Americans are discovering that there are many directions that life can take, and at least one of them points downward. The conviction that stocks have always made everyone richer has become as much of a chimera in the United States as the belief that everyone has the right to own his own home, and then a bigger home, a second car and maybe even a yacht. But at some point, everything comes to an end.

The United States is a confused and fearful country in 2010. American companies are still world-class, but today Apple and Coca-Cola, Google and Microsoft are investing in Asia, where labor is cheap and markets are growing, and hardly at all in the United States. Some 47 percent of Americans don't believe that the America Dream is still realistic.

Loud and Distressed
The Desperate States of America are loud and distressed. The country has always been a little paranoid, but now it's also despondent, hopeless and pessimistic. Americans have always believed in the country's capacity for regeneration, that a new awakening is possible at any time. Now, 63 percent of Americans don't believe that they will be able to maintain their current standard of living.

And if America is indeed on the downward slope, it will have consequences for the global economy and the political world order.
The fall of America doesn't have to be a complete collapse -- it is, after all, a country that has managed to reinvent itself many times before. But today it's no longer certain -- or even likely -- that everything will turn out fine in the end. The United States of 2010 is dysfunctional, but in new ways. The entire interplay of taxes and investments is out of joint because a 16,000-page tax code allows for far too many loopholes and because solidarity is no longer part of the way Americans think. The political system, plagued by lobbyism and stark hatred, is incapable of reaching consistent or even quick decisions.
The country is reacting strangely irrationally to the loss of its importance -- it is a reaction characterized primarily by rage. Significant portions of America simply want to return to a supposedly idyllic past. They devote almost no effort to reflection, and they condemn cleverness and intellect as elitist and un-American, as if people who hunt bears could seriously be expected to lead a world power. Demagogues stir up hatred and rage on television stations like Fox News. These parts of America, majorities in many states, ignorant of globalization and the international labor market, can do nothing but shout. They hate everything that is new and foreign to them.


But will the US wake up? Or is it already much too late?

YESTERDAY: AMERICA'S FALL
The sociologist Robert Putnam hems and haws, not wanting to be the kind of professor who drops names to make himself seem more important. But the issue is much too important for him to resist. "I have had the chance to discuss income inequality with George W. Bush and Barack Obama, and I can assure you both were worried about the trend," he says. "It was possible to have an adult conversation with them on this topic."

Putnam, a Harvard professor who sports an enormous beard, sounds pleased, as if this were an exception. He is a surveyor of the American psyche. A few years ago, he caused a stir with his book "Bowling Alone," in which he argued that more and more Americans are bowling alone -- and not in a bowling club -- because the average American hardly even speaks to other Americans anymore, and certainly not with those who hold views different from his own.

Now Putnam is worried about economic imbalances and new disparities within society. Today an American CEO earns about 300 times as much as an ordinary worker. In 1950, that number was only 30. The consequence is "social segregation," says Putnam, by which he means that people go to different schools and parties and live in different neighborhoods, and that there is no longer any overlap between groups.

"The fundamental bargain, the core of America, has always been that we can live with big gaps between rich and poor as long as there is also equality of opportunity," Putnam says. "If that is no longer true, then the core bargain is being violated."
 
MORE AT    http://www.spiegel.de/international/world/0,1518,726447-2,00.html

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