Solvere, Cognose LIM Swee Keng (Sep 22, 2008)
www.cts-ideas.com tab Cognose.blogspot.com
Dynamite Economy 3 - Deadly Urgency
3.1 Magnitude
Within months, American injected, injecting in total exceeding US$905 billions just to save a few major financial corporations, while leaving numerous others behind, never mind about other industries, nations.
This sum is the size of
1. World 14th economy – GDP of 21 million (11million labor force) Australians in 2007; OR
2. 13,000 pieces of Boeing 737 (more than double Boeing has produced - 5,815 since 1968[1]); OR
3. 1.3 time total profit of 2008 Fortune Global 100, employed 22 million DIRECT workforce; OR
4. 22 times the budget of Beijing 2008, good for Olympic games right into next century.
The differences are:
1. the injections was within months compare to year, or decades of good hard work
2. even it may moderate the indebtedness of few, it does not improve, for even one entity, the very dire situation they are embroiled.
3. even it may delay a few hundred thousands job losses, it may not secure them in the long term, never mind about create a single job.
The mid to long term effect for improving economy, does not exist
This comparison is depressing.
The scale demand the world to unite together to resolve.
This represent we need superior wisdom, strong leadership to resolve.
America remains the leader, sole leader of new industry creation, economy leadership
Americans have to lead, to improve world economic situation
www.cts-ideas.com tab Cognose.blogspot.com
Dynamite Economy 3 - Deadly Urgency
3.1 Magnitude
Within months, American injected, injecting in total exceeding US$905 billions just to save a few major financial corporations, while leaving numerous others behind, never mind about other industries, nations.
This sum is the size of
1. World 14th economy – GDP of 21 million (11million labor force) Australians in 2007; OR
2. 13,000 pieces of Boeing 737 (more than double Boeing has produced - 5,815 since 1968[1]); OR
3. 1.3 time total profit of 2008 Fortune Global 100, employed 22 million DIRECT workforce; OR
4. 22 times the budget of Beijing 2008, good for Olympic games right into next century.
The differences are:
1. the injections was within months compare to year, or decades of good hard work
2. even it may moderate the indebtedness of few, it does not improve, for even one entity, the very dire situation they are embroiled.
3. even it may delay a few hundred thousands job losses, it may not secure them in the long term, never mind about create a single job.
The mid to long term effect for improving economy, does not exist
This comparison is depressing.
The scale demand the world to unite together to resolve.
This represent we need superior wisdom, strong leadership to resolve.
America remains the leader, sole leader of new industry creation, economy leadership
Americans have to lead, to improve world economic situation
America, the most resource and market dependent nation
A world in strife has been proven not a wise choice
for the profit of the most powerful nation!
I shall provide the key motivation and causes analysis, AND solutions, supported by consistent, accurate, precise prediction, prescriptions made since 2001.[2]
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