UTF-8 https://feraios.blogspot.com/feeds/posts/default
Google

Friday, May 27, 2022

internet&data science towards a new era for tele-communication

 DEAR FELLOW READERS CHAIRESTHAI,

YEARS ARE PASSING BY&THIS OLD CORRUPTED RUNNING SYSTEM,A MIXTURE OF CAPITALISM&COMMUNISM(aka state socialism) INSISTS ON PUTTING PEOPLE LIKE THE WRITER OF THIS TEXT IN  DIFFICULT CONDITION&SITUATIONS BECAUSE  SUCH PERSONS   ARE RESEARCHERS  OF TRUTH AND OTHER VISIONERS WHO SEEK  A BETTER FUTURE FOR HUMANITY.
THE NOWADAYS  SYSTEM HAS ALREADY PREPARED ITS CHANGE TO ANOTHER TECHNOLOGICAL LEVEL AND THIS MEANS ALSO TO ANOTHER ENERGY RESOURCE LEVEL  BY FOLLOWING THE STANDARD MECHANICS&ARCHITECTURES:

AN ETERNAL SYSTEM CHANGE ARCHITECTURE



THE QUESTION ABOUT THE DIRECTION  TO BE FOLLOWED FOR  SUCH A CHANGE IS SIMPLE IN DUALITY: 

democ-kratoc OR oligarchies-pseudo democracies ?

CONTINUING OUR RESEARCH CONCERNING THE NEW TECHNOLOGIES AND THEIR IMPLEMENTATION FOR A FUTURE PURE DEMOCRATIC SYSTEM WE  TOOK PART IN 3 EVENTS DURING MAY 2022:

A)AT THE Europe’s Internet Ecosystem: Is Everybody Contributing Their Fair Share?

ORGANISED BY ETNO(Europe’s telecommunication network operators ) 

https://twitter.com/epaphosinfo/status/1526127449272209408

B)The Internet Value Chain: latest numbers, current dynamics, and future trends, BEING ORGANISED BY gsma (Global System for Mobile Communications)

https://twitter.com/epaphosinfo/status/1527246061424738306

C)Data Science & Law Forum 4.0: Governing AI

AT MICROSOFT BRUSSELS PREMISES

https://twitter.com/epaphosinfo/status/1528714346825654274

THE COMMUNITIES OF INTERESTS WERE THERE BY EXPRESSING THEIR CONCERNS AND IDEAS PUTTING THE DEBATES ONLY ON THE ECONOMIC VALUES. FOR THE A),B) EVENTS REPORTS WERE CONDUCTED WHEN FOR THE THIRD A GENERAL DISCUSSION OPENED THE GATE FOR DEEPER RESEARCH ON THE RELATIONS BETWEEN ENGINEERS&LAWYERS.

LETS EXAMINE THE CASE:

The European Commission has set fresh EU Digital Decade Targets for the period 2020-2030. Full 5G and FTTH “connectivity for everyone” is the pivot towards all the other targets: from the digital transformation of businesses to digital public services, empowering the twin green/digital transition and boosting ICT skills.

In this context, the Commission has also launched the European Declaration on Digital Rights and Principles for the Digital Decade, and has specifically called for “developing adequate frameworks so that all market actors benefiting from the digital transformation assume their social responsibilities and make a fair and proportionate contribution to the costs of public goods, services and infrastructures, for the benefit of all Europeans”.

SOURCE https://www.internetforum.eu/

 Today, tech giants do not contribute a fair share to the deployment of telecom networks, while generating network-related costs of tens of billion euros. This weakens Europe’s capacity to swiftly achieve connectivity targets. Addressing this through policy action could unlock socio-economic benefits for Europe, including €72bn GDP growth, an additional 840k jobs in 2025 and cuts to CO₂ emissions.

The findings have been published today in the report “Europe’s internet ecosystem: socio-economic benefits of a fairer balance between tech giants and telecom operators”, prepared by international consulting firm Axon Partners Group Consulting for leading telecom association ETNO.

The problem: is everybody contributing their fair share?

Europe has the objective to achieve gigabit connectivity and 5G for all by 2030. The report shows that European telcos have invested over €500bn in fixed and mobile networks in the past 10 years. On the contrary, the top 6 tech giants have generated over 55% of all telecom networks’ traffic, but they have made “little or no financial contribution to the development of national networks”.

The report finds that European telcos are currently unable to recover these costs due to asymmetric bargaining power favouring big tech as well as the lack of a level regulatory playing field: essentially, Internet traffic markets are unbalanced. The report also refers to newly unveiled data by consulting firm Frontier Economics, which estimates that traffic driven by tech giants alone could generate network costs of at least €15bn, if considering incremental costs, or of at least €36bn, if considering total costs.

The consequences: slower 5G/FTTH roll-out, suboptimal QoS, more CO₂

The report shows that this unbalance has consequences. First, this contributes to making European telcos financially weaker, which impairs their ability to speed up gigabit roll-out: for example, the total market capitalization of Europe’s top 8 telcos is €0,24tn, as opposed to €7.11tn for the top 6 tech giants. Second, Quality of Service and innovation could be improved with more investment. Last, in absence of meaningful contributions by tech giants, the shift to greener networks is slower, with impacts on CO₂ emissions.

A fairer ecosystem: a €72bn GDP growth with positive social and environmental impacts

Axon estimates that, taking as a reference an illustrative annual contribution of €20bn to network costs by tech giants, the European Internet ecosystem could unlock significant opportunities. Up to €72bn could be added to GDP and 840k jobs created in 2025. Similarly, energy consumption for the sector could be reduced by 28% and the carbon footprint would shrink by as much as 94%.

Possible solutions: regulatory action to address unbalanced IP markets

Urgent and targeted regulatory action is required to address serious imbalances in Internet traffic markets and unlock socio-economic opportunities for citizens and businesses. This should be done within the framework of Europe’s Open Internet principles, while ensuring that all consumers continue to benefit from the full extent of ever-evolving network access and quality.

According to the Report, solutions could build on introducing a clear obligation to negotiate with Internet Service Providers. This would help ensure the fairness of commercial negotiations with big tech companies, who currently enjoy disproportionate bargaining power. The measures would be in the spirit of the newly established Digital Markets Act, while potentially building on principles in existing EU frameworks such as: the Electronic Communications Code, the Broadband Cost Reduction Directive and dispute resolution mechanisms (e.g. the ADR in the Copyright Directive or in the EU approach to Essential Patents).

Comments by ETNO and Axon

Lise Fuhr, Director General of ETNO, said: “The EU has been determined in tackling power imbalances in the online and tech space. With today’s report, we want to launch an open dialogue with policymakers, consumers and tech companies on how to address the specific imbalances in internet traffic markets. This is not a technical issue: it is about our ability to put Europe at the forefront of the global 5G and FTTH race”.

Alfons Oliver, Partner of Axon, said: “The European Commission has recently acknowledged the need to develop adequate frameworks for tech firms to contribute their fair share to the development of telecoms infrastructure. Time has now come for EU legislators to make it happen, unlocking the important benefits this will bring to European society”.

SOURCE https://www.telecomtv.com/

ON THE OTHER HAND THE COMMISSION HAS PUT Key actions:

 • White Paper on Artificial Intelligence setting out options for a legislative framework for trustworthy AI (adopted together with this Communication), with a follow-up on safety, liability, fundamental rights and data (Q4 2020). 

• Building and deploying cutting-edge joint digital capacities in the areas of AI, cyber, superand quantum computing, quantum communication and blockchain. European Strategies on Quantum and blockchain (Q2 2020) as well as a revised EuroHPC Regulation11 on supercomputing.

 • Accelerating investments in Europe’s Gigabit connectivity, through a revision of the Broadband Cost Reduction Directive12, an updated Action Plan on 5G and 6G, a new Radio Spectrum Policy Programme (2021). 5G corridors for connected and automated mobility, including railway corridors, will be rolled out (2021-2030) (2021-2023). 

 • A European cybersecurity strategy, including the establishment of a joint Cybersecurity Unit, a Review of the Security of Network and Information Systems (NIS) Directive13 and giving a push to the single market for cybersecurity.

 • A Digital Education Action Plan to boost digital literacy and competences at all levels of education (Q2 2020).

 • A reinforced Skills Agenda to strengthen digital skills throughout society and a reinforced Youth Guarantee to put a strong focus on digital skills in early career transitions (Q2 2020). 

• Initiative to improve labour conditions of platform workers (2021). 

• A reinforced EU governments interoperability strategy to ensure coordination and common standards for secure and borderless public sector data flows and services. (2021) 

SOURCE communication-shaping-europes-digital-future-feb2020_en_4.pdf (europa.eu)


ABOUT THE INTERNET VALUE CHAIN 

The new version of the Internet Value Chain Report has been published - it is very interesting how dynamically the Internet Value Chain and the different value chain elements have evolved over the last years- expansion of value chain coverage by the tech players, fast growing online service segments, dominance of video in traffic volumes and the concentration on a few big players, and a two sided squeeze of the Internet Access Providers.

DOWNLOAD THE REPORT
GSMA | The Internet Value Chain 2022 | Public Policy


IMT Spectrum Demand: Estimating the mid-bands spectrum needs in the 2025-2030 timeframe

A report by Coleago Consulting Ltd.

The GSMA endorses the findings and conclusions of this report.

5G will bring major benefits to end users over the coming years. Starting with the existing trends and anticipating further evolution in the longer term, this report elaborates on the importance of making more mid-bands spectrum available for IMT as an essential means to achieve the 5G vision.

The report provides an analysis of the future spectrum needs based on area traffic density demand for the 2025-2030 timeframe, accounting for the 5G target minimum performance requirements. This report considers the spectrum needed to fulfil the user experienced data rates of 100 Mbit/s on the downlink, and 50 Mbit/s on the uplink, defined by the ITU-R for IMT-2020.

Additional mid-bands spectrum for 5G would enable mobile operators to deliver the ITU-R IMT-2020 specifications, notably the user experienced data rates of 100 and 50 Mbit/s on the downlink and uplink in cities, in an economically feasible manner. This report provides an analysis for eleven cities with a population density of 9,000 people per km2 or more, namely Paris, Lyon, Marseille, Berlin, Munich, Hamburg, Madrid, Barcelona, Rome, Milan, and the Amsterdam – The Hague region. Our analysis concludes that in addition to building many more small cells, 1000 to 2000 MHz of additional mid-bands spectrum is required to deliver the 5G vision of downlink user experienced data rate of 100 Mbit/s across the city, i.e. citywide “speed coverage”, and also to satisfy the 50 Mbit/s uplink target. The selected cities have characteristics that also apply to a broad number of other larger cities.

In urban areas with a population density below 9,000 people per km2, mobile operators will also have to densify the network with small cells to deliver the 5G downlink and uplink user experienced data rates, but additional upper mid-band spectrum would reduce the need for cell site densification, thus delivering an environmental benefit.

Making available 1000 to 2000 MHz additional mid-bands spectrum for 5G-NR can also make a major contribution to achieving the European Union’s 2025 connectivity goal. The cost of reaching the European target of making 100 Mbit/s broadband available to 100% of households with FTTH amounts to €123 billion, with an estimated €53 billion of this in rural areas. If FWA using this additional 1000 to 2000 MHz of midbands spectrum is used in rural Europe instead of FTTH, this would result in a saving of €42 billion. Importantly, this additional spectrum would provide sufficient bandwidth to ensure that fibre-like speed FWA will also be able to address the needs for fixed connectivity as a long-term solution for rural areas.

The development of automated driving systems and connected vehicles is still in its infancy. The safety and environmental benefits that automated driving and connected vehicles will bring to society are significant but, to realise this vision, reliable high speed connectivity and capacity are required. Additional mid-band spectrum would materially reduce the cost of providing the required area traffic capacity along 

SOURCE GSMA | IMT Spectrum Demand: Estimating the mid-bands spectrum needs in the 2025-2030 timeframe - GSMA Europe

motorways.

THE CONCLUSION ABOUT THESE MEETINGS FROM OUR SIDE IS THAT THE BIG TECH WANT THE CITIZENS TO PAY FOR THESE INVESTMENTS WHEN THE EUROPEAN COMMISSION OPOSES SUCH SOLUTION BY FOLLOWING THE SOCIAL POLICIES AND HOPING TO THE CONTRIBUTION OF THESE COMPANIES.MY CONTRIBUTION TO THE DISCUSSIONS APART FROM OUR PROPOSAL FOR THE EUROPEAN INTERNET THE SYNNET  AND  BETTER RESEARCH ON A  TECHNICAL LEVEL FOR THE  DEPLOYMENT OF 5G SO THAT HARMFULL ENVIRONMENTAL EFFECTS TO BE ELIMINATED ,CAN BE EXPRESSED BY THE WORDS SPOKEN TO THE TECHNICAL GIANTS:

how can a simple man who has in his pocket 0,24 cents  (trillion) negotiate properly with another one who has 7,11 dollars (trillion) ? (the capitalization )

MERCI FOR SUPPORTING OUR POLICIES

HYGEIAINETE








Labels:

Thursday, February 03, 2022

THE EU UNION AND ITS FALSE ECONOMIC POLICIES DUE TO IMITATION (B)

 (BEING CONTINUED FROM 25/08/2018 ,pls click the link in order to be redirected)


DEAR READERS CHAIRESTHE EN IRENE,

THE NEW YEAR IS ENTERING BY GIVING THE END TO AN ATERMONOUS CRISIS WHICH CANNOT BE SERVED ANY MORE.THE RESULTS OF THE NY GLOBAL DECLINING  ECONOMIC SYSTEM ARE ALREADY SHOWN TO THE INTERNATIONAL MARKETS AND EVERY DAY LIVES OF THE CITIZENS:

prices rising,problems in food supply,diseased ambiences,

ON THE OTHER HAND THE DEBT ISSUE IS AUGMENDING WITHOUT CONSIDERING THE DEBTS CREATED BY THE NON RELIABLE,UNREGULATED  AND ENERGY CONSUMPTION DIGITAL CURRENCIES(KRYPTOCURRENCIES AND OTHER DIGITAL&PAPER ASSETS).

LETS TAKE A LOOK AT WHAT IS GOING ON WITH IT:

Global Debt Reaches a Record $226 Trillion  (pls click the link)

THE DEBT CLOCK PRESENTS DEBTs RUNNING World Debt Clocks (usdebtclock.org)

BILLIONS BECAME TRILLIONS INFLATION IS HIDDING SOMEWHERE AND VOICES ABOUT IT ARE PRESSED NOT TO BE HEARD BY THE CURRENT GLOBALISTS ESTABLISHEMNET.

THE POOR ARE BECOMING POORER&THE RICH RICHEST (The Global Elite’s ‘Kill and Control’ Agenda: Destroying Our Food Security) DEPOPULATION IS BEING THE FIRST ITEM ON THE GLOBALISTS AGENDA.

THE MONEY WHICH WERE§STILL ARE CIRCULATED WERE  PARTIALY USED FOR THE PEOPLES RELIEF AND THE MAJORITY  OF THESE FUNDS WERE DIRECTED TO THE CREATION OF MULTIBILLIONAIRES (How Billionaires Become Billionaires) ,TO THE INCREDIBLE PROFITS OF THE  BIG MULTINATIONAL COMPANIES (BlackRock surges past $10tn in assets under management).

THE GOVERNING ELITES ARE SO OUTRAGEOUS  THAT EVEN THE RICH ARE DETESTING THEIR POLICIES (102 millionaires, including Abigail Disney, have signed another letter asking governments around the world to raise their taxes)

STATISTICS HAVE LOST LONG AGO THEIR RELIABILITY.

LETS  STUDY ONE EXAMPLE FROM  UK :

How to evaluate the reliability of economic data?  

NOWADAYS IT IS BELIEVED THAT EVEN THE GLOBALISTS DONT KNOW EXACTLY THE AMOUNT OF ANY KIND OF ASSETS WHICH ARE CIRCULATING AROUND THE GLOBE:

READ THIS ARTICLE FROM 2017 How statistics lost their power – and why we should fear what comes next

CONCERNING OUR EUROPEAN&MEDITERRANEAN ZONE THE PANDEMIC COVID19,THE BREXIT AND ENERGY DEPENDANCY ARE BRINGING EUROPE TO BE THE FIRST CRACKER OF THIS SYSTEM.  

ON THE EUROPEAN INDUSTRIAL SECTOR THINGS ARE HAPPENING AS WE WARNED SOME YEARS AGO .THE OPENING OF THE GLOBAL PARTY SYSTEM TO THE MARKETS MADE THE EUROPEANS&OUR ALLIES TO BE WEAKER AND LOOSE IN COMPETIVENESS,SOVEIRENITY AND JOBS SUPPORTING STRATEGIES.THE SAME ELITS WHICH ARE GOVERNING  TODAY WITHOUT PAYING ANYTHING FOR THEIR MISTAKES ARE CHANGING POLICIES BASED ON TAX PAYERS MONEY AND ARE TRYING TO REESTABLISH THE INDUSTRIES AT OUR EUROPEAN LANDS WHEN WE ALREADY HAVE LOST THE TECHNOLOGICAL SUPRIMACY EITHER FROM THE BRAIN DRAIN TO THE OTHER SIDE OF THE ATLANTIC OR FROM THE DEPENDACIES FROM HIGH TECH SUPPLIES  FROM ASIA. 

THE ECONOMIC SECTOR BEING INFLUENCED FROM THE DECLINING USA ECONOMIC POLICIES , BY A CORRUPTED OLIGARCHIC PARTY POLITICAL SYSTEM AND ENERGY DEPENDENCY FROM THIRD COUNTRIES DOESNT SEEM TO RECOVER WITHOUT A CRASH.

THE EUROPEAN UNION CANT AND SHOULDNT PROCEED TO A POLITICAL COHERSION BUT SHOULD STAND ON THE PRINCIPLES FOR WHICH WAS CREATED THE ECONOMIC DEVELOPMENT,MANAGEMENT AND SUSTAINABILITY OF ALL OUR CONTINENT&THE MEDITERRANEANS.

this purpose alone is a huge target which needs years to be implemented effectively

SOLUTIONS TO THE EUROPEAN POLITICAL INTERGRATION TOWARDS A EUROPEAN IDENTITY CAN BRING ONLY OUR PROPOSALS FOR THE CREATION OF THE EUROPEAN DEFENSE COMMUNITY (BUILDING A PAN-EUROPEAN DEFENSE SYSTEM (PART H - SOMETHING IS MOVING)).

THIS COMES CLOSER TO OUR SUGGESTIONS IF UK AND FRANCE WILL JOIN FORCES  WITH OTHER EUROPEAN COUNTRIES.TIME IS NOW BECAUSE THE ELITES WANT CHAOS AND WARS IN ORDER TO BALLANCE THE CHANGE ON THEIR BEHALF AGAIN,ON THE CONTRARY WE WANT A PEACEFUL DEMOCRATIC TRANSITION WHICH NEEDS TIME.

EUROPEANS GIVE  TO US THE eCOWAVERS THE POWER TO IMPLEMENT,CAUSE THE OLIGARCHIC PARTY SYSTEM CANT AND THE AMERICAN COMICS AGENDAS OF 1930-50 ARENT OUR STYLE.  

we have the solutions for the future society in:

DEMOCRACY(direct)

SCIENCE-KNOWLEDGE

ECO-LOGY,ARTS

THANKS FOR SUPPORTING

YOURS 

A.C.




Labels: ,

Saturday, August 25, 2018

THE EU UNION AND ITS FALSE ECONOMIC POLICIES DUE TO IMITATION (A)

(BEING CONTINUED FROM 29/05/2015  ,pls click the link in order to be redirected)

DEAR READERS CHAIRESTHAI EN IRENE,
AFTER A LONG PERIOD (2,5 YEARS) LIVING ON THE STREETS,SUPPORTERS&FELLOWS  UNDERSTOOD THE JUST OF OUR STRUGGLE.
THESE GOOD MEN HAVE GIVEN ME THE OPPORTUNITY TO LIVE IN A RESPECTABLE WAY AND WORK PROPERLY BY SERVICING MAINLY THE EUROPEAN&MEDITERRANEAN CITIZENS BUT NOT ONLY.
IT IS THOUGHT THAT IT´S THE TIME TO BE OCCUPIED WITH THE UNION´S POLICY ON MONETARY ISSUES.
THIS IS A NEED  BECAUSE AFTER MY LAST ARTICLE ON 2015 EVEN-THOUGH THINGS HAVEN´T BEEN CHANGED A LOT ABOUT THE ROOTS OF THE ECONOMIC PROBLEMS,A FRESH AND MATURE  APPROACH SHOULD BE GIVEN BY OUR SIDE.
THERE ARE  CHANGES IN GEOPOLITICS OUTSIDE EUROPE BUT ALSO IN THE ISSUES WHICH CONCERN THE INTERNAL RELATIONS OF THE CURRENT OLIGARCHIC SYSTEM,APART FROM THE SO CALLED BREXIT WHICH HAS TO DO WITH THESE RELATIONS SPECIFICALLY  TO THE ECONOMIC ALLOCATION FIELD.

ABOUT THE NOWADAYS ECONOMIC SYSTEM'S SITUATION THIS CAN BE DESCRIBED VERY WELL BY THIS ARTICLE,WHICH IS BEING FOCUSED ON THE NEW YORK´S POLICIES WHICH GOVERN THE GLOBE:

How Long Can the Federal Reserve Stave Off the Inevitable?
When are America’s global corporations and Wall Street going to sit down with President Trump and explain to him that his trade war is not with China but with them.The biggest chunk of America’s trade deficit with China is the offshored production of America’s global corporations. When the corporations bring the products that they produce in China to the US consumer market, the products are classified as imports from China.  
Six years ago when I was writing The Failure of Laissez Faire Capitalism, I concluded on the evidence that half of US imports from China consist of the offshored production of US corporations.Offshoring is a substantial benefit to US corporations because of much lower labor and compliance costs. Profits, executive bonuses, and shareholders’ capital gains receive a large boost from offshoring.  The costs of these benefits for a few fall on the many—the former American employees who formerly had a middle class income and expectations for their children.
In my book, I cited evidence that during the first decade of the 21st century “the US lost 54,621 factories, and manufacturing employment fell by 5 million employees.  Over the decade, the number of larger factories (those employing 1,000 or more employees) declined by 40 percent. US factories employing 500-1,000 workers declined by 44 percent; those employing between 250-500 workers declined by 37 percent, and those employing between 100-250 workers shrunk by 30 percent. These losses are net of new start-ups.  Not all the losses are due to offshoring.  Some are the result of business failures” (p. 100).
In other words, to put it in the most simple and clear terms, millions of Americans lost their middle class jobs not because China played unfairly, but because American corporations betrayed the American people and exported their jobs. “Making America great again” means dealing with these corporations, not with China.  When Trump learns this, assuming anyone will tell him, will he back off China and take on the American global corporations?
MORE AT how long can the federal reserve stave off the inevitable

A SIMILAR SITUATION IS GOING ON AT EUROPEAN LANDS DUE TO IMITATION AND N.Y.'s ORDERS,ON THE VARIOUS FINANCIAL SECTORS.
ANOTHER IMPORTANT PARAMETER IS THE GLOBAL DEBT,FOR WHICH NOBODY SEEMS TO TAKE CARE,BECAUSE N.Y IS BASED ON THE PRINCIPLE OF THE DEBT ECONOMY(SEE AIR-WIND ECONOMY).
ABOUT THE EUROPEAN DEBT AN IDEA CAN BE GIVEN HERE WITHOUT THE INCLUSION OF REGIONAL&MUNICIPALITIES PUBLIC-PRIVATE DEBTS:
european debt clock
THIS SITE IS RELIED ON: http://ec.europa.eu/eurostat/    AND  http://www.haushaltssteuerung.de/
BUT, 
Eurostat statistics are based on four broad categories of debt, which are guarantees issued by the state in relation to the liabilities of third parties. However, there are contingent liabilities which cannot be found in the official statistics. Those liabilities are not ‘hard’ debts but if even a small part of those guarantees was due to be repaid it would result in huge holes in the national budgets. This means there is accumulation of risks of which many are unaware.
“Under certain conditions, these contingent liabilities may become actual liabilities. Similarly, non-performing loans can mean a loss to the state if these loans are not repaid,” according to Eurostat.
“Thus, this data represents a further step towards greater transparency of public finances in the European Union, providing a more comprehensive picture of possible effects on Member States' public finances.”
In all EU member states, liabilities related to off-balance public-private partnerships (PPPs), which are long-term construction contracts where assets are not recorded in government accounts, were below 4 percent of GDP.
The level of liabilities of public corporations classified outside general government differs widely across the bloc, the report said.
The unrecorded debts of PPP projects stand out in Slovenia and Portugal. Slovenia has the highest stock of non-performing loans (asset) of general government, at 5.9 percent of GDP.
The Eurostat report also noted that “in general, financial institutions report high amounts of debt liabilities; however they also have, at the same time, significant level of assets which are not captured in this data collection.”
According to a German daily newspaper Die Welt, the largest chunk of that unaccounted debt relates to the liabilities of state companies, such as Deutsche Bahn railway company in Germany.
(SOURCE https://www.rt.com/ )

THE EUROPEAN&MEDITERRANEAN DEBTS ARE INFLUENCED BY THE GLOBAL ONE.
THE AMERICAN DEBT HAS REACHED THE 21 TRILLION USD ACCORDING TO   
USDEBTCLOCK    WHEN THE EU IS AROUND 16 TRILLION EURO AS IT CAN BE PROVEN BY THE PREVIOUS PARAGRAPH,CHINA's IS AT 5 TRILLION USD (CHINADBT). JAPAN IS ABOUT 9 TRILLION USD 
(JAPANDBT) WHEN  BRAZIL,INDIA  ARE HANDLING DEBTS BETWEEN 1.5-1 TRILLION USD,
THE OTHER COUNTRIES ARE BELLOW THE TRILLION(RUSSIA,S.KOREA,CANADA ETC).
HERE IS A POOR  EXPLANATION ABOUT THE TODAYs ECONOMY


THE CONCLUSION IS THAT ON A MACROECONOMIC LEVEL THE OLIGARCHIC ELITES EITHER COMMUNISTS OR CAPITALISTS ARE CONTINUING TO PROMOTE THE DEBT ECONOMY SYSTEM/MODEL BY VARIOUS METHODS WHICH HAVE NO LONG TERM VIABILITY.
OUR ECONOMIC MODEL WHICH LL BE IMPLEMENTED AFTER THE CRASH WHICH IS SURE AS THE SYSTEM CANT BE HIDDEN ANYMORE FROM ITS TRICKY METHODS WILL BE BASED ON THE CURRENCY POLICIES FOR 3 DIFFERENT NOMISMATA.

THE GEOPOLITICAL ENVIRONMENTS TO THE MAINSTREAM ECONOMIC ZONES
EUROPE/RUSSIA ,CHINA ,NORTH HOMERICA,SOUTH HOMERICA,PACIFIC ISLANDS/OCEANIA AND THE SECONDARY INDIA/PAKISTAN ,IRAN/AFGHANISTAN ,ARABIAN PENINSULA PLUS THE UNDEVELOPED CENTRAL ASIA,AFRICA SEEM TO CHANGE TO A DIRECTION WHICH COMES NEARER TO THE eCO(h)UMENIC THEORY     AND NOT TO THE GLOBALIZATION GOVERNANCE TYPE.
THIS IS A MATTER FOR FURTHER STUDY AND OBSERVATION,ESPECIALLY LATELY WITH THE NEW USA ADMINISTRATION WHICH REPRESENTS THE LAST ATTEMPTS OF N.Y. TO PERPLEXING THE WORLD SO THAT ITS POLICIES TO CONTINUE THE FRAUD.  

CONCERNING THE FEDERAL RESERVE CURRENCY POLICIES THEY TAKE ADVANTAGE OF THE PREFERISM AS WE NAMED IT IN 2010 (PROTECTIONISM BY SELECTION IN TIME AND SPACE)WHICH THE CURRENT USA ADMINISTRATION IS IMPLEMENTING TO STRENGTHENING THE USD POLICIES,BESIDES THE DEBT.
THIS HAS AS CONSEQUENCE THE OTHER CURRENCIES WHICH MORE OR LESS ARE DEPENDED BY THIS AMERICAN NOMISMA TO UNDERESTIMATE THEIR NATIONAL CURRENCIES AND BY THIS WAY TO AUGMENT THEIR DEBT OBLIGATIONS TO THE USD PAYMENTS.

THAT'S WHY OUR POLITICAL SUGGESTION IS THAT FOR THE PROTECTION OF EUROPE&MEDI WE SHOULD CIRCULATE AS A NEXT STEP,2 CURRENCIES and 2 OCA's(optimal currency area).

THE EURO WHICH IS BASED MANLY ON THE POWER OF DEUTSCH MARK&THE BASKET OF THE OTHER PARTICIPANT CURRENCIES.
WHEN THE SECOND NOMISMA WILL BE BASED ON THE ENGLISH POUND/STERLING  BASKET WHICH WILL BE FILLED BY THE CURRENCIES OF THOSE COUNTRIES WHICH ARENT IN THE EURO-ZONE PLUS THOSE WHICH WANT TO DEPART.THE BREXIT AS WE HAVE WRITTEN AT OUR POLICY ARTICLES SHOULD BE POSTPONED FOR THE NEXT 5 YEARS,ACCORDING TO THE TREATIES, FOR DEEPER NEGOTIATIONS-UNDERSTANDINGS.
THE 2 NOMISMATA WILL BE HANDLED BY THE CURRENT ECONOMIC INFRASTRUCTURE EXACTLY AS THIS SYSTEM IS MANAGING THE EURO,WITH THE ASSISTANCE OF A FLEXIBLE EXCHANGE RATE BETWEEN THE 2 EUROPEAN NOMISMATA AND AN INTERNAL CURRENCIES INDEPENDENT COMMITEE,BASED IN THE ECB.

THE POWERS OF THE eCOWAVES MOVEMENT IF THE CITIZENS WISH IN GOD'S WILL AT THE NEAR FUTURE, ARE GOING TO CHANGE THE TODAY DEPENDENCY OF THE CURRENCIES BASKETS&ECONOMIES FROM THE OLD ECONOMIC IDEAS BY USING INDEXES WHICH ARE BASED IN A MORE PRAGMATIC FLUCTUATION OF THE RUNNING ECONOMIC ENVIRONMENTS.

THE DUAL&LATER ON THE TRIPLE CURRENCY SYSTEM WILL BE USED INTERNALLY FOR THE EUROPEAN&MEDITERRANEAN  PARTICIPANTS IN A SEPARATED FORM,SO THAT COMPETITION AND INTEGRATION TO CREATE FRUITFUL ECONOMIC ENVIRONMENTS INTERNAL OR EXTERNAL.

such monetary policies will empower our dynamics as europeans&mediterraneans inside the global arena 
which is facing the uncertainty of usd,in order the privilege to return to eu&medi  (pls click to read the atrticle) 


SOME THOUGHTS ABOUT A SIMILAR DIRECTION AT A MICROLEVEL CAN BE FOUND IN THIS DOCUMENT ISSUED BY THE SCOTTISH GOVERNMENT AT THE NEAR PAST:

.....Unless a formal euro opt-out were to be negotiated, an independent Scottish state may end up de facto negotiating simultaneously a commitment to adopt two different currencies: the euro (through negotiations over EU membership) and sterling (through negotiations over the membership of a formal sterling currency union)....
SOURCE    Scotland analysis: Currency and monetary policy Presented to Parliament by the Chief Secretary
ALREADY RUSSIA IS MOVING TOWARDS ANOTHER DIRECTION FROM N.Y. BEING BASED ON THEIR PAST REGIME'S EXPERIMENTS BUT LEARNING ALSO FROM THE CAPITALISTS

IT IS FOR SURE THAT THE EUROPEAN UNION AN ECONOMIC ENTITY NEEDS A REFORM (the eurozone is badly in need of reform pls click to read the article ),BUT EVOLUTIONARY-(r)  METHODS CAN ONLY BRING A GOOD RESULT FOR THE PROSPEROUS FUTURE OF THE CITIZENS IN EUROPE&MEDITERRANEAN ZONES,WHICH FOR THE MOMENT IS DECLINING.
IT WILL BE CONTINUED OUR ANALYSE FOR THE FOLLOWED BY THE CURRENT ADMINISTRATIONS  IMITATION-(L) POLICIES WHICH ARE GUIDING SURELY TO THE CHANGE.
THE QUESTION IS WHAT KIND OF CHANGE DO WE WANT?
THIS OF THE CURRENT OLIGARCHIC PARTY SYSTEM WITH OLD ECONOMIC MODELS (MARXISM,LENISM,CAPITALISM,PROTECTIONISM ETC) OR THAT WHICH IS PROPOSED BY OUR POWERS WITH A NEW  APPROACH BASED ON THE ECO-DYNAMICS MODEL???
the response  depends only from you the citizens

EUCHARISTOO FOR YOUR ATTENTION AND SUPPORT
HYGEIAINETE
YOURS FAITHFULLY
A.C.

(TO BE CONTINUED)









Labels:

Tuesday, September 29, 2015

ABOUT ECONOMICS THE CONCLUSIONS ARE YOURS

(BY CLICKING ON THE TITLE WE ARE REDIRECTED TO AN ARTICLE CONCERNING the Irrelevance of Mainstream Economics)

DEAR READERS CHAIRESTHAI EN IRENE,

ON 23/09/15 ePAPHOS FOLLOWED THE CONFERENCE ,WHICH WAS ORGANIZED BY OSE (EUROPEAN SOCIAL OBSERVATORY) AND HOSTED BY THE WORKERS GROUP OF THE EESC ABOUT:

SOCIAL POLICY IN THE EU:STATE OF PLAY 2015

DURING THE EVENT ,WHERE VERY IMPORTANT SPEAKERS HAVE PRESENTED THEIR IDEAS ABOUT THE CRISIS(GEORGES,BART,PHILIPPE,DAVID,VIVIEN,RICHARD,GABRIELE,EGBERT,LUCA),IT WAS GIVEN THE OPPORTUNITY FOR ANGELOS TO MAKE SOME REMARKS AND QUESTIONS.

THESE WERE DIRECTED TO THE TRADE UNIONS BY ASKING :
A)WHAT IS THEIR CONTRIBUTION TO THE ANTI -TTIP SOCIETAL's MOVEMENT ACTIVITIES?
B)WHEN THE UNIONS ARE GOING TO IMPLEMENT (DIRECT) DEMOCRATIC PROCESSES TO THEIR GOVERNING BODIES SELECTION,AS THEY  CLAIM TO BE ANTI-OLIGARCHIC ORGANIZATIONS?
C)ARE THEY GOING TO SUPPORT  OUR STANCE INSIDE EUROPEAN ORGANS FOR THE PARTICIPATORY EMPOWERMENT INTO THE DECISION MAKING PROCEDURES ON BEHALF OF THE VARIOUS  STAKEHOLDERS GROUPS?

ADDRESSING TO HONORABLE CITIZEN ,PROF.MADAM VIVIEN SCHMIDT,
IT WAS POINTED THAT THE CRISIS IS NOT A EUROPEAN PHENOMENON,AND WAS NOT CREATED BY EUROPEANS.
ON THE CONTRARY  THE UNION IS FOLLOWING THE CHOICES OF N.Y. DUE TO ITS PREVIOUS OBLIGATIONS.
ALSO  IT WAS MENTIONED THAT WE SHOULD AVOID TO USE THIS DIFFERENCE OF SOUTH - NORTH,EAST - WEST ,BECAUSE ON THE ONE HAND IT IS AN ILLUSION AS THESE ISSUES WHICH ARE JOINING EUROPEANS AND  MEDITERRANEANS ARE MUCH MORE THAN THESE WHICH ARE DIVIDING AND ON THE OTHER HAND THE ECONOMIC IMBALANCES BETWEEN VARIOUS STATES ,ARE NOT LASTING FOR EVER,ESPECIALLY WHEN SOLIDARITY ON THE CITIZENS BASE IS BEING ACTIVE.

IT MUST BE MENTIONED THE SPEECH OF PROF.EMERITUS LSE HON.CITIZEN MR.HYMAN RICHARD,WHICH  CAME VERY CLOSE TO OUR APPROACH ABOUT THE NEW SOCIETY AND WHO WAS INVITED TO JOIN OUR EFFORTS.




 POLITAI-CITIZENS-METAPOLITANS,
HAVING INTO CONSIDERATION THE ABOVE  IT WILL BE TRIED TO BE PRESENTED IN A MORE OR LESS SCIENTIFIC WAY THE TODAY ECONOMIC SITUATION,EVEN THOUGH ALMOST NOTHING HAS BEEN CHANGED FROM THE PREVIOUS POSTS OF OURS.

WE THE DEPRESSED OECOUMENISTS SHALL OFFER THE FINAL SOLUTION,TO THE SO CALLED CRISIS CREATED BY THE GLOBALISTS  A PHILOSOPHICAL ECONOMIC ANALYSIS

A NEED FOR AN EVOLUTION INTO ANOTHER PERSPECTIVE :MORE HUMAN AND STELLAR  THE MACRO-ECONOMY APPROACH

THE U.S.A. DEBT,IS THE MAIN REASON FOR THE CRISIS,BUT NOBODY SPEAKS ABOUT IT  THE SIMPLE ECONOMY VIEW


LETS EXAMINE SOME OF THE PARAMETERS WHICH ARE CRUCIAL FOR THE CURRENT ECONOMIC SYSTEM

A)DEBT
The elephant in the room that the world can't deal with
The reality the world won’t countenance is that debt levels are simply too great to be dealt with by conventional means. Since 2007, the total public and private debt of the big economies has increased, not decreased – by $57trn (£36.5trn), or 17 per cent of GDP. As at mid-2014, global debt was $199trn, or 286 per cent of the world’s GDP. In comparison, global debt was $142trn (269 per cent of GDP) in 2007 and $87trn (246 per cent) in 2000.
If unfunded entitlement obligations – such as pensions, healthcare and old-age care – are included, the level of indebtedness increases dramatically. A crude measure of sovereign net worth is the present value of tax revenues and government assets and investments, less debt and the present value of liabilities, such as pensions, healthcare, etc. As a percentage of GDP, this measure shows the US at minus 800 per cent, Germany minus 500 per cent, France minus 600 per cent and the UK minus 1,000 per cent. Italy is at minus 250 per cent, Spain minus 1,100 per cent, Ireland minus 1,400 per cent and Greece minus 1,600 per cent.
MORE AT   http://www.independent.co.uk/news/business/comment/debt-the-elephant-in-the-room-that-the-world-cant-deal-with-10432046.html
B)Global Financial Stability Report
A Report by the Monetary and Capital Markets Department on Market Developments and Issues

Last Updated Tuesday September 29 2015
The Global Financial Stability Report provides an assessment of the global financial system and markets, and addresses emerging market financing in a global context. It focuses on current market conditions, highlighting systemic issues that could pose a risk to financial stability and sustained market access by emerging market borrowers. The Report draws out the financial ramifications of economic imbalances highlighted by the IMF'sWorld Economic Outlook. It contains, as special features, analytical chapters or essays on structural or systemic issues relevant to international financial stability.


C)PRECIOUS METALS 

Swiss watchdog opens precious metals pricing probe

A Swiss regulator launched an investigation into the possible manipulation of precious metals trading by a number of leading banks Monday, making it the latest global watchdog to look into the potential rigging of a major financial market.
Switzerland's competition commission, known as WEKO, has opened an investigation following an initial probe into seven banks including Deutsche Bank, UBS, Julius Baer, HSBC, Barclays, Morgan Stanley and Mitsui.


D)UNEMPLOYMENT
Main obstacles seem to be conflict, uprisings, wars, natural disaster and climate change, all of which seem to be increasing and contribute to extreme poverty... How can governments better anticipate or manage such very difficult occurrences, so as to minimize their impact on poverty levels? Agree with author that within-country inequality should not be underestimated, especially when in most poor countries, 70% of the population lives below the poverty line. Relying on growth has not thus far and will probably never help alleviate extreme poverty...cash to the very poor might be the only way to help them lift themselves out of poverty (governments willing...).

E)HOUSING AND MANUFACTURING

WE ARE CLOSING WITH THE WORDS OF PROF.RICHARD HYMAN THAT:
EUROPEAN UNION  NOWADAYS ,IS A MULTINATIONAL CORPORATION,
                                        
                                         RUN BY CENTRAL DIRECTION,
                                         UNDER FINANCIAL PERFORMANCE INDICATORS,
                                         WITH PUNITIVE SANCTIONS. 
  
THANKS ALL FOR YOUR SUPPORT



Labels:

Link

Tuesday, September 03, 2013

THE U.S.A. DEBT,IS THE MAIN REASON FOR THE CRISIS,BUT NOBODY SPEAKS ABOUT IT

INSTEAD  THEY BLAME EUROPEANS,BY CAUSING INTERNALLY VARIOUS FAKE DILEMMA   OR EXTERNALLY THAT THEY ARE RESPONSIBLE FOR IT.
THE CURRENT POLITICAL SYSTEM ,AT EUROPEAN LANDS AND ITS OLIGARCHIC  ADMINISTRATIVE  STRUCTURES CANNOT OVERCOME THE PROBLEMS WHICH CITIZENS ARE FACING,BUT THEY  POSTPONE THE SOLUTIONS,BY BEING HANDLED  FROM N.Y. HEADQUARTERS.

(CLICKING AT TITLE THE READER IS REDIRECTED TO AN OLDER ARTICLE WHICH  ALSO SUPPORTS THIS STANCE)

DEBT LIMIT POLITICS IS A DANGEROUS GAME:OUR VIEW
Here we go again. House Speaker John Boehner is promising a "whale of a fight" during the next several weeks over raising the government's borrowing limit.
Boehner and his fellow Republicans are vowing to hold the debt ceiling hostage unless President Obama and congressional Democrats agree to cut spending or defund ObamaCare.
As was the case during the last debt-ceiling debacle, in 2011, playing politics with the nation's creditworthiness is irresponsible and unnecessary.
Leave aside the ObamaCare obsession, because Republicans have zero chance of persuading the president to kill one of his defining achievements. After defeats in Congress, the Supreme Court and last year's presidential election, the ObamaCare opponents seem like the holdout Japanese soldiers who kept fighting World War II into the 1970s. Cooler heads in the party, including the speaker, know this.
Boehner and the GOP have a much better argument about the need to get long-term deficits under control, particularly by reining in the big benefit programs. But if the speaker wants to bite into that politically poisonous apple, he could start by taking advantage of Obama's proposals earlier this year to curb Social Security and Medicare — offers that infuriated liberal Democrats and might have led to serious negotiations. Instead, Boehner rejected the overtures because Obama wanted a balanced package that would also include some revenue increases.
Boehner has been around long enough to know that Republicans are playing a weak hand, something his Tea Party followers don't seem to grasp. He lived through the 1995-96 government shutdown, which was blamed on the GOP, and wants no repeat. So he's wisely trying to stave off a shutdown when funding runs out at the end of this month by proposing a short-term spending bill to keep the lights on.
But trading a government shutdown for the risk of defaulting on the national debt is a dangerous game. Even the hint that the United States couldn't meet its obligations rattles the financial markets and threatens the nation's credit rating. That would drive up interest rates, drive down stock markets and weaken the economic recovery.
The U.S. actually hit its $16.7 trillion borrowing ceiling in May, but Treasury Secretary Jack Lew has been maneuvering to delay the "X date" when the government can't pay all its bills. He said last week that the X date will now fall sometime in mid-October. Congressional action is imperative, and with the Syria resolution taking center stage when lawmakers return next week, the time for dealmaking is growing short.
Boehner says he won't give up his hostage unless there's a budget deal that saves more than the debt limit would have to be raised. He admits the fight will be messy but says there's no alternative. "If this were easy to do, somebody over the last 20 or 30 years would have gotten it done," he says.
News flash: Somebody has done it. Twice. In 1990, Republican President George H.W. Bush brokered a big deficit-reduction deal that cut spending and raised taxes. Then, in 1993, President Bill Clinton pushed through a similar package. These agreements helped pave the way for the only balanced budgets — 1998 through 2001 — in the past 40 years. And they didn't require risking the nation's creditworthiness.
Boehner is right about one thing: Making deals like those isn't easy. It takes leadership, compromise and the nerve to stand up to extremists in both parties. All are in short supply.
USA TODAY's editorial opinions are decided by its Editorial Board, separate from the news staff. Most editorials are coupled with an opposing view — a unique USA TODAY feature.


The U.S “Odious Debts” used to Finance Illegal Wars

Refuse to Pay Government Debt Incurred for Unlawful and Oppressive Purposes ...


It Is the Personal Debt of Those Who Ordered It
There is an established legal principle that people should not have to repay their government’s debt to the extent that it is incurred to launch aggressive wars or to oppress the people.
These “odious debts” are considered to be the personal debts of the tyrants who incurred them, rather than the country’s debt.
Wikipedia gives a good overview of the principle:
In international law, odious debt is a legal theory which holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation, such as wars of aggression, should not be enforceable. Such debts are thus considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state. In some respects, the concept is analogous to the invalidity of contracts signed under coercion.
The doctrine was formalized in a 1927 treatise by Alexander Nahum Sack, a Russian émigré legal theorist, based upon 19th Century precedents including Mexico’s repudiation of debts incurred by Emperor Maximilian’s regime, and the denial by the United States of Cuban liability for debts incurred by the Spanish colonial regime. According to Sack:
When a despotic regime contracts a debt, not for the needs or in the interests of the state, but rather to strengthen itself, to suppress a popular insurrection, etc, this debt is odious for the people of the entire state. This debt does not bind the nation; it is a debt of the regime, a personal debt contracted by the ruler, and consequently it falls with the demise of the regime. The reason why these odious debts cannot attach to the territory of the state is that they do not fulfil one of the conditions determining the lawfulness of State debts, namely that State debts must be incurred, and the proceeds used, for the needs and in the interests of the State. Odious debts, contracted and utilised for purposes which, to the lenders’ knowledge, are contrary to the needs and the interests of the nation, are not binding on the nation – when it succeeds in overthrowing the government that contracted them – unless the debt is within the limits of real advantages that these debts might have afforded. The lenders have committed a hostile act against the people, they cannot expect a nation which has freed itself of a despotic regime to assume these odious debts, which are the personal debts of the ruler.
Patricia Adams, executive director of Probe International (an environmental and public policy advocacy organisation in Canada), and author of Odious Debts: Loose Lending, Corruption, and the Third World’s Environmental Legacy, has stated that:
by giving creditors an incentive to lend only for purposes that are transparent and of public benefit, future tyrants will lose their ability to finance their armies, and thus the war on terror and the cause of world peace will be better served.
A recent article by economists Seema Jayachandran and Michael Kremer has renewed interest in this topic. They propose that the idea can be used to create a new type of economic sanction to block further borrowing by dictators.
Jubilee USA notes that creditors may lose their rights to repayment of odious debts:
Odious debt is an established legal principle. Legally, debt is to be considered odious if the government used the money for personal purposes or to oppress the people. Moreover, in cases where borrowed money was used in ways contrary to the people’s interest, with the knowledge of the creditors, the creditors may be said to have committed a hostile act against the people. Creditors cannot legitimately expect repayment of such debts.
The United States set the first precedent of odious debt when it seized control of Cuba from Spain. Spain insisted that Cuba repay the loans made to them by Spain. The U.S. repudiated (refused to pay) that debt, arguing that the debt was imposed on Cuba by force of arms and served Spain’s interest rather than Cuba’s, and that the debt therefore ought not be repaid. This precedent was upheld by international law in Great Britain v. Costa Rica (1923) when money was put to use for illegitimate purposes with full knowledge of the lending institution; the resulting debt was annulled.
The launch of the Iraq war was an unlawful war of aggression. It was based on false premises (weapons of mass destruction and a connection between Iraq and 9/11; see thisthisthisthisthisand this). Therefore, the trillions in debts incurred in fighting that war are odious debts which the people might lawfully refuse to pay for.
The Bush and Obama administrations have also oppressed the American people through spying on us – even before 9/11 (confirmed here and here) – harassment of innocent grandmothers and other patriotic Americans criticizing government action, and other assaults on liberty and the rule of law. See this. The monies borrowed to finance these oppressive activities are also odious debts.
The government has also given trillions in bailouts, loans, guarantees and other perks to the too big to fails. These funds have not helped the American people. For example, the giant banks are still not loaning. They have solely gone into speculative investments and to line the pockets of the muckety-mucks in the form of bonuses. PhD economist Dean Baker said that the true purpose of the bank rescues is “a massive redistribution of wealth to the bank shareholders and their top executives”. PhD economist Michael Hudson says that the financial “parasites” have killed the American economy, and they are “sucking as much money out” as they can before “jumping ship”. These are odious debts.
Bush, Cheney, Paulson, Geithner, Summers and others who ordered that these debts be incurred must be held personally liable for them. We the American people are not responsible to creditors – such as China, Saudi Arabia – who have knowingly financed these illegal and oppressive activities which have not benefited the American people, but solely the handful of corrupt politicians who authorized them.

SOURCE  http://www.globalresearch.ca - Washington's Blog  - February 2010






Labels:

Link