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Could the World and European Financial systems survive this World-War III Financial crisis or it is the end of the Western Civilizations?
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(1888PressRelease) In this article, Dr. Mehenou Amouzou surmised the world is and has for some time approached a World War III; not so much from a military perspective but an economic perspective with consequences that are disastrous and detrimental to many industrialized country's infrastructure.
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CouldtheWorldandEuropeanFinancialsystemssurvivethisWorldWarIIIFinancial
crisisoritistheendoftheWesternCivilizations?
(1888PressRelease)Inthisarticle,Dr.MehenouAmouzousurmisedtheworldisandhasforsometime
approachedaWorldWarIII;notsomuchfromamilitaryperspectivebutaneconomicperspectivewith
consequencesthataredisastrousanddetrimentaltomanyindustrializedcountry'sinfrastructure.
AfewmonthsagoDr.MehenouSatuAmouzouwroteanarticleentitled:"TheWorldFinancialHoneyMoonis
Over:DebtCrisisContinuestoWageWaronEconomicPolicy".Inthisarticle,Dr.MehenouAmouzousurmised
theworldisandhasforsometimeapproachedaWorldWarIII;notsomuchfromamilitaryperspectivebut
aneconomicperspectivewithconsequencesthataredisastrousanddetrimentaltomanyindustrialized
country'sinfrastructure.TheensuingphenomenonmayrenderseveralGovernmentsunabletofeedtheirown
citizenry.
CouldEuropeandtheworldfinancialsystemsurvivethisfinancialcrisiswhichDr.MehenouAmouzoucalls
WW3?AccordingtoDr.AmouzoutheslightofhopeliessolelyinthecompetenceoftheWorld'stopleaders
andtheircollectiveabilitytoinstituteeconomicreform.SeveralEuropeancountries'citizensstruggletohave
onemealadayandtheirhopetoliveisfastbecominghopetodie.Still,otherimpoverishedEuropean
countriesaremetwithdailytragedieswhenatleastfifteenpeopleperdayfinditnecessarytocommitsuicide
ratherthanstruggleinafutileattempttofeedtheirfamiliesandcontinuetoliveindespair.
Thesecitizensareaskedtoendureriotsandothercriminalactivitiesthatareclearlybecomingviableoptions
andalternativestotheongoingsubpareconomicconditionthatpersists.Theyhavenofaithintheircountry's
governingbodywhichhasquicklyledtochaos.Thebadnewsisthedebaucheriesthataccostthesecitizensis
rarelyorneverseenbecausewelackworldmediacoveragethatcanbeusedtoinfluencethepoliticaldecision
makerstoforcethemtodevelopandimplementsocialpolicythatwillprovidebasichumanitariannecessities
thatwillassistchildren,women;andoldpeople,butwithoutmediacoveragetohighlightthesehumanitarian
needs,accesstobasicfoodtoeatonceadaybecomesaluxury.
Whentheworldeconomicorganizationsbecameawareoftheimminentfinancialcrisis,trillionsofdollars
wereinjectedintocertaineconomies.Whatwasthesocialimpactofthisinfusion?Howhastheinfusion
createdwealthorbetterlivingconditionsforitsinhabitants?AccordingtoDr.MehenouAmouzousomewill
saywithoutthesefundsconditionswithinthesecountrieswouldbeworse.Adversariesmayrebutthatnothing
haschangedandwillfurtherarguethatduetopoliticalatrocitiesthesefundshaveneverreachedthemasses
wheremostneeded,butremainconcentratedatthetopofthesocialeconomicladder.Theendresultno
matterthecatalystthestrugglebecomesmoreintenseeachsecondthatpassesby!
ThisWorldWarIIIfinancialcrisisraisesissuesDr.MehenouAmouzoubelievesgiverisetothefollowing
questionsforworldleaders:"IsCapitalismstillawarrantedeconomicparadigm?Arethefundamental
teachingsofeconomicfoundingfather;AdamSmithstillapplicabletoday?Lastly,westerncivilizationandits
economicpolicy,isitstillthefootprintorblueprintfortheworldtoimitate?
GreecehasplayedaveryimportantroleintheWesternCivilization'sfinancialandeconomicimplementation;
somehistoriansargueGreecewasthefatherofEuropeanCivilization.Greece'sfinancialproblemoftodayis
notareflectiononlyonGreecebutallofWesternCivilization'seconomicandpoliticalleadersandtheir
inabilitytopoliceprevailingdownturneconomicindicators.AccordingtoaDr.MehenouAmouzoupublishing
atthebeginningofthisyearwherehementionedhowcountrieslikeGreece,Italy,Portugal,Spain,Ireland,
England,France,GermanyandotherEuropeancountrieswithweakereconomieswillfaceseriousfalloutfrom
printingmoremoneytofinanceexistingdebt.Thisisacircularreactionandcreatesinflation,stagflationand
ashorttermsupplyshockthatwillcrippletheeconomyinthelongrun.Thisapproachmirrorscredit
enhancement,atsomepointthebillwillneedtobepaid.
Dr.MehenouAmouzousuggests,weneedanimmediatereformfortheWorldBankinginstitutions,
InternationalMonetaryFund'sandtheMonetaryReformtosolvethisfinancialissue.MostoftheCentral
BanksarethesosieoftheinternationalBankingOrganizationwhichhasruledtheinternationalFinancialand
Economicpolicydevelopmentandimplementationforseveraldecades.Becausetheyhavebeeninpowerfor
solongtheirpoliciesareold,outdatedandantiquated.ThecaseofGreece,Spain,Portugal,IrelandandItaly,
areverypoignantissuestobecarefullystudiedandanalyzedbysomeothercountrieswithpitfallsloomingin
theirmidst.Consequently,fartoooften,countriesseethetroublefromtheirdormantperchesbutfailtoactin
timetothwartthelongtermramificationsoftheirmisuseandabuse.Thecountriesmentionedabove
borrowedmoneytopayfortheirpastdebts;debtserviceandtheinterestswhichabsorbcloseto50%ofthe
currentloanforcethesecountriestodefaultonloanpayments.Defaultsarecausedbymanyvariablesthat
constantlyrepeatthemselves.Countriesinvestinnonproductiveventures,swapfundsatlessthanprofitable
ratesandengageinunsavorypracticesfueledbynepotismandcronyism.
Providinganausteritymeasurecanbehelpful,howeverlendinginstitutionsfinditundesirabletoprovidea
100%loanwithassociatedwithfixedandreasonableinterestrates.Theaforementionedcountriesinstead
receive50%loanswithhighinterestrateswhichmakeitconsiderablymoredifficulttomanage;thusenabling
apotentialdefault.Whenthecountrydefaults,theircreditratingplummets.Thiscausesacircularreaction.
Loansagainaremuchhardertoreceiveandaredeliveredwithhighinterestratesandotherassociatedcosts
makingtheloanhardertomanagebythecountry;thusdefault.Thiscyclemuststop.
Theseborrowercountriesarebecomingmodernslavestotheinternationallenders.EuropeandtheUSAhave
injectedseveraltrillionsofdollarsintotheseeconomies;wheredidthesefundsgo?Wehavenocontrolling
bodytomonitorandhelpmanagethedeploymentofdevelopmentinvestmentfundsandfurtherassistinthe
managementofitsdistribution.Again,thisisanoldparadigmthathasexistedthroughouthistory.Whydo
thesesameproblemspersist?Iftheworld'smostprominentfinancialinstitutionsarenotreadytoaddressthis
cyclicaldetrimentalturbinethenIurgeyoucallforworldbankingreforms.Doourlawmakersneedtogoone
monthwithoutpayforthemtofeelclosetotherealityofwhatishappening?
Iaskthequestiononcemore."AreweattheendoftheCapitalism,asweknowitorarewedeviatingfrom
ourfoundingfatherAdamSmith'svisionanddefinitionofpurecapitalism?Capitalismatonetimewasthe
formulaandstrategyofchoicetoachieveExcellenceforWesternerCivilization.AccordingDr.Mehenou
Amouzouithasimprovedthelivesofpeopleincludingcapitalprovidersintheformsofloansandequity
participation,butalsoitimprovedthelivesoftheworkforceandthoseindividualswhosoughtloansand
partnerstoattaindreams.Bothsidesoftheequationatonetimeworkwithharmoniousintentuntilthe
pitfallsofcapitalismbecamemoreprevalent."WildCapitalism"startedtobedevelopedaggressivelyandthe
laborer,hisdreamsandworthbecamelessimportant.Thelaborerwasforcedtoacceptthetakeitorleaveit
attitudeofmoderncorporations,orwe(thebank/company)willrelocatecompanies/factoriesintoXYZ
countrieswhowillacceptthetermspresented.
Manytimesthetermsofloanstocountriescanbemanipulatedbyreducingthecostoflaborforproduction
andgeneralmaintenance.Thistacticlastsusuallyforafewyears,butwhenlaborcostsbegintorise
companieswilldecidetorelocateintoanothercountrytotakeadvantageoftheirlowlaborcosts;continual
exploitationofthemanfardownthefoodchain.Theworstthingthatoccursasthesecompaniessearchfor
continualcheaplaborandentertherelocationprocessistheexposuretheyinherittocounterfeitpractices.
Currently,therearenolawstoprotectthebusinessownersortheirpatents.AccordingtoDr.Mehenou
AmouzoutheformulationofagoodEconomicPolicyistheonlycatalystthatcancontributeandsustain
developmentintheseimpoverishedcountries.Fromthisnewdynamic,prosperityofthepeoplewillprevail.
Dr.AmouzoureceivedhisMasterinBusiness,fromtheEuropeanAdvancedInstituteofManagement,alsoa
CertificateinFinanceandInvestmentinParis,France.HecompletedhisPostGraduationworkinPolitical
Strategy,InternationalRelationandDefenseStrategiesandearnedhisPh.D.inInternationalFinance.
ContributiontothisarticlewasmadebyByronK.Belser.Mr.BelserassistsDr.Amouzouandholdsdegreesin
DevelopmentEconomics&Law.
###
crisisoritistheendoftheWesternCivilizations?
(1888PressRelease)Inthisarticle,Dr.MehenouAmouzousurmisedtheworldisandhasforsometime
approachedaWorldWarIII;notsomuchfromamilitaryperspectivebutaneconomicperspectivewith
consequencesthataredisastrousanddetrimentaltomanyindustrializedcountry'sinfrastructure.
AfewmonthsagoDr.MehenouSatuAmouzouwroteanarticleentitled:"TheWorldFinancialHoneyMoonis
Over:DebtCrisisContinuestoWageWaronEconomicPolicy".Inthisarticle,Dr.MehenouAmouzousurmised
theworldisandhasforsometimeapproachedaWorldWarIII;notsomuchfromamilitaryperspectivebut
aneconomicperspectivewithconsequencesthataredisastrousanddetrimentaltomanyindustrialized
country'sinfrastructure.TheensuingphenomenonmayrenderseveralGovernmentsunabletofeedtheirown
citizenry.
CouldEuropeandtheworldfinancialsystemsurvivethisfinancialcrisiswhichDr.MehenouAmouzoucalls
WW3?AccordingtoDr.AmouzoutheslightofhopeliessolelyinthecompetenceoftheWorld'stopleaders
andtheircollectiveabilitytoinstituteeconomicreform.SeveralEuropeancountries'citizensstruggletohave
onemealadayandtheirhopetoliveisfastbecominghopetodie.Still,otherimpoverishedEuropean
countriesaremetwithdailytragedieswhenatleastfifteenpeopleperdayfinditnecessarytocommitsuicide
ratherthanstruggleinafutileattempttofeedtheirfamiliesandcontinuetoliveindespair.
Thesecitizensareaskedtoendureriotsandothercriminalactivitiesthatareclearlybecomingviableoptions
andalternativestotheongoingsubpareconomicconditionthatpersists.Theyhavenofaithintheircountry's
governingbodywhichhasquicklyledtochaos.Thebadnewsisthedebaucheriesthataccostthesecitizensis
rarelyorneverseenbecausewelackworldmediacoveragethatcanbeusedtoinfluencethepoliticaldecision
makerstoforcethemtodevelopandimplementsocialpolicythatwillprovidebasichumanitariannecessities
thatwillassistchildren,women;andoldpeople,butwithoutmediacoveragetohighlightthesehumanitarian
needs,accesstobasicfoodtoeatonceadaybecomesaluxury.
Whentheworldeconomicorganizationsbecameawareoftheimminentfinancialcrisis,trillionsofdollars
wereinjectedintocertaineconomies.Whatwasthesocialimpactofthisinfusion?Howhastheinfusion
createdwealthorbetterlivingconditionsforitsinhabitants?AccordingtoDr.MehenouAmouzousomewill
saywithoutthesefundsconditionswithinthesecountrieswouldbeworse.Adversariesmayrebutthatnothing
haschangedandwillfurtherarguethatduetopoliticalatrocitiesthesefundshaveneverreachedthemasses
wheremostneeded,butremainconcentratedatthetopofthesocialeconomicladder.Theendresultno
matterthecatalystthestrugglebecomesmoreintenseeachsecondthatpassesby!
ThisWorldWarIIIfinancialcrisisraisesissuesDr.MehenouAmouzoubelievesgiverisetothefollowing
questionsforworldleaders:"IsCapitalismstillawarrantedeconomicparadigm?Arethefundamental
teachingsofeconomicfoundingfather;AdamSmithstillapplicabletoday?Lastly,westerncivilizationandits
economicpolicy,isitstillthefootprintorblueprintfortheworldtoimitate?
GreecehasplayedaveryimportantroleintheWesternCivilization'sfinancialandeconomicimplementation;
somehistoriansargueGreecewasthefatherofEuropeanCivilization.Greece'sfinancialproblemoftodayis
notareflectiononlyonGreecebutallofWesternCivilization'seconomicandpoliticalleadersandtheir
inabilitytopoliceprevailingdownturneconomicindicators.AccordingtoaDr.MehenouAmouzoupublishing
atthebeginningofthisyearwherehementionedhowcountrieslikeGreece,Italy,Portugal,Spain,Ireland,
England,France,GermanyandotherEuropeancountrieswithweakereconomieswillfaceseriousfalloutfrom
printingmoremoneytofinanceexistingdebt.Thisisacircularreactionandcreatesinflation,stagflationand
ashorttermsupplyshockthatwillcrippletheeconomyinthelongrun.Thisapproachmirrorscredit
enhancement,atsomepointthebillwillneedtobepaid.
Dr.MehenouAmouzousuggests,weneedanimmediatereformfortheWorldBankinginstitutions,
InternationalMonetaryFund'sandtheMonetaryReformtosolvethisfinancialissue.MostoftheCentral
BanksarethesosieoftheinternationalBankingOrganizationwhichhasruledtheinternationalFinancialand
Economicpolicydevelopmentandimplementationforseveraldecades.Becausetheyhavebeeninpowerfor
solongtheirpoliciesareold,outdatedandantiquated.ThecaseofGreece,Spain,Portugal,IrelandandItaly,
areverypoignantissuestobecarefullystudiedandanalyzedbysomeothercountrieswithpitfallsloomingin
theirmidst.Consequently,fartoooften,countriesseethetroublefromtheirdormantperchesbutfailtoactin
timetothwartthelongtermramificationsoftheirmisuseandabuse.Thecountriesmentionedabove
borrowedmoneytopayfortheirpastdebts;debtserviceandtheinterestswhichabsorbcloseto50%ofthe
currentloanforcethesecountriestodefaultonloanpayments.Defaultsarecausedbymanyvariablesthat
constantlyrepeatthemselves.Countriesinvestinnonproductiveventures,swapfundsatlessthanprofitable
ratesandengageinunsavorypracticesfueledbynepotismandcronyism.
Providinganausteritymeasurecanbehelpful,howeverlendinginstitutionsfinditundesirabletoprovidea
100%loanwithassociatedwithfixedandreasonableinterestrates.Theaforementionedcountriesinstead
receive50%loanswithhighinterestrateswhichmakeitconsiderablymoredifficulttomanage;thusenabling
apotentialdefault.Whenthecountrydefaults,theircreditratingplummets.Thiscausesacircularreaction.
Loansagainaremuchhardertoreceiveandaredeliveredwithhighinterestratesandotherassociatedcosts
makingtheloanhardertomanagebythecountry;thusdefault.Thiscyclemuststop.
Theseborrowercountriesarebecomingmodernslavestotheinternationallenders.EuropeandtheUSAhave
injectedseveraltrillionsofdollarsintotheseeconomies;wheredidthesefundsgo?Wehavenocontrolling
bodytomonitorandhelpmanagethedeploymentofdevelopmentinvestmentfundsandfurtherassistinthe
managementofitsdistribution.Again,thisisanoldparadigmthathasexistedthroughouthistory.Whydo
thesesameproblemspersist?Iftheworld'smostprominentfinancialinstitutionsarenotreadytoaddressthis
cyclicaldetrimentalturbinethenIurgeyoucallforworldbankingreforms.Doourlawmakersneedtogoone
monthwithoutpayforthemtofeelclosetotherealityofwhatishappening?
Iaskthequestiononcemore."AreweattheendoftheCapitalism,asweknowitorarewedeviatingfrom
ourfoundingfatherAdamSmith'svisionanddefinitionofpurecapitalism?Capitalismatonetimewasthe
formulaandstrategyofchoicetoachieveExcellenceforWesternerCivilization.AccordingDr.Mehenou
Amouzouithasimprovedthelivesofpeopleincludingcapitalprovidersintheformsofloansandequity
participation,butalsoitimprovedthelivesoftheworkforceandthoseindividualswhosoughtloansand
partnerstoattaindreams.Bothsidesoftheequationatonetimeworkwithharmoniousintentuntilthe
pitfallsofcapitalismbecamemoreprevalent."WildCapitalism"startedtobedevelopedaggressivelyandthe
laborer,hisdreamsandworthbecamelessimportant.Thelaborerwasforcedtoacceptthetakeitorleaveit
attitudeofmoderncorporations,orwe(thebank/company)willrelocatecompanies/factoriesintoXYZ
countrieswhowillacceptthetermspresented.
Manytimesthetermsofloanstocountriescanbemanipulatedbyreducingthecostoflaborforproduction
andgeneralmaintenance.Thistacticlastsusuallyforafewyears,butwhenlaborcostsbegintorise
companieswilldecidetorelocateintoanothercountrytotakeadvantageoftheirlowlaborcosts;continual
exploitationofthemanfardownthefoodchain.Theworstthingthatoccursasthesecompaniessearchfor
continualcheaplaborandentertherelocationprocessistheexposuretheyinherittocounterfeitpractices.
Currently,therearenolawstoprotectthebusinessownersortheirpatents.AccordingtoDr.Mehenou
AmouzoutheformulationofagoodEconomicPolicyistheonlycatalystthatcancontributeandsustain
developmentintheseimpoverishedcountries.Fromthisnewdynamic,prosperityofthepeoplewillprevail.
Dr.AmouzoureceivedhisMasterinBusiness,fromtheEuropeanAdvancedInstituteofManagement,alsoa
CertificateinFinanceandInvestmentinParis,France.HecompletedhisPostGraduationworkinPolitical
Strategy,InternationalRelationandDefenseStrategiesandearnedhisPh.D.inInternationalFinance.
ContributiontothisarticlewasmadebyByronK.Belser.Mr.BelserassistsDr.Amouzouandholdsdegreesin
DevelopmentEconomics&Law.
###
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