Hello,
For decades, thousands of people have been fighting for the introduction of a New Bretton Woods. This 20 summit of the world's most influential countries is now set at 15 November in New York to redefine the foundations of a global financial and economic system.
It is true that we can rejoice that such a summit is already organized. Not so long ago, it seemed incongruous to just ask. Since the crisis has passed through there and the paradigm changes that they engender too. Yet, does it necessarily mean that our leaders have finally recovered their reason and that they are finally inclined to put man and development at the heart of the system? Nothing is less sure.
Despite the collapse of their system, supporters of the British Empire and the financial oligarchy (the Bush administration, riddled with former Goldman Sachs collaborators, and British Prime Minister Gordon Brown protecting the influence of the City London, among others) continues to struggle to save what can still be and at any price. Even if the pink poles are discovered, we continue to treat the addict with his drugs. By continuing to inject trillions of dollars (nearly 7000 billion dollars to date) in a gangrenous system in each of its wheels, we repair nothing, we aggravate the evil. The only viable solution in such a situation, the amputation of infected members, remains taboo, removed from public debate and the agenda of the world summit.
Only an orderly bankruptcy procedure, including the elimination of billions of billions of dollars in derivatives from the system, would solve the problem. Close once and for all this market and declare all derivative transactions null and void. That only the healthy parts of the system, those allowing the financing of the real economy, be saved and relaunched. It was this decision, along with the strict separation of business and deposit banks, that allowed JFD Roosevelt, in March 1933, to succeed in 31 days to allow 75% of banks to function normally after 3 years of banking bankruptcies cascading, seemingly impossible to stem.
In addition, it is important to differentiate between Keynes and Roosevelt's doctrines. They are blithely mixed by the media and yet are diametrically opposed in their foundations. It is this fight that will rage the November 15 at the World Summit between the definition of a human-oriented system or the continuation of the British financial and predatory model.
The principle of the first was to finance the digging of a hole to finance then its refilling with no particular goal. Lord Keynes preferred 10 millions of narrow-minded, underpaid and busy employees as 9 million well paid in productive and useful jobs. Its purpose was to extend the influence of the oligarchy and the model of the British empire by reducing the creativity of humanity. His model, in his own words, was better adapted to a totalitarian system.
The principle of the second was, on the contrary, to define projects useful to the general interests of the sovereign nation and then to allow their realization by credit. These projects were oriented towards improving the living conditions and work of humanity, ie large-scale infrastructure projects, agriculture, culture and the search for new technologies. A brilliant and short video on the link http://solidariteetprogres.org/article4761.html will present these differences in more detail.
Article http://www.solidariteetprogres.org/article4776.html also offers a clear distinction between a real and a fake Bretton Woods.
You will understand, we arrive at the foot of the wall, our leaders are at the height of this historic meeting, or we may sink into a crisis of unprecedented magnitude, when the sword of Damocles derivatives will fall on the head of what's left of the system.
Now, those are in those moments of history that we must realize that the leaders are us. That by the strength of our civic commitment, each one at his level, each with his weapons, from the simple positive thought to the mass instruction, we can act and contribute to tip the balance on the side of the man, the nature and reasoned mutual development.
To your arms then, citizens!
Very affectionately.
Nicolas
PS: In attachment, you will find the Solidarity & Progress leafletsummarizing in their own way this situation.
Links to visit:
https://www.econologie.com/crise-financi ... -3971.html
https://www.econologie.com/comprendre-la ... -3927.html
https://www.econologie.com/forums/adherez-au ... t6158.html