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mathematically perfected economy™ (MPE™)    1  :   the singular integral solution of  1) inflation and deflation,  2) systemic manipulation of the cost or value of money or property, and  3) inherent, artificial multiplication of debt into terminal systemic failure;    2  :  every prospective debtor's right to issue legitimate promises to pay, free of extrinsic manipulation, adulteration, or exploitation of those promises, or the natural opportunity to make good on them;    3  :  our right to certify, to enforce, and to monetize industry and commerce by this one sustaining and truly economic process.

MORPHALLAXIS, January 14, 1979.

Mathematically Perfected Economy™ FORUMS, DISCUSSION

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 Post subject: IMF Chief: Half of banks' losses may be unknown!
PostPosted: 26 Nov 2009, 8:51 pm 
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Joined: 29 Jan 2008, 6:06 pm
Posts: 731
Reporting by Estelle Shirbon; Editing by Leslie Adler wrote:
PARIS (Reuters) - Half of the losses suffered by banks could still be hidden in their balance sheets, more so in Europe than in the United States, the International Monetary Fund's chief, Dominique Strauss-Kahn, was quoted as saying on Tuesday.

In an interview with French newspaper Le Figaro, Strauss-Kahn also said the IMF thought the euro currency was probably a bit too strong.

"There are still some important losses that have not been unveiled," Strauss-Kahn was quoted as saying in response to a question on banks, according to excerpts of the interview that were sent to media ahead of publication on Wednesday.

"It's possible that 50 percent (of bank losses) are still hidden in their balance sheets. The proportion is greater in Europe than in the United States," he said.

Asked about currencies, Strauss-Kahn noted that Europeans were the ones who have been complaining the most about the strength of their currency.

"The IMF also thinks that the euro is probably a bit too strong, but it's very difficult to determine in a way that is unquestionable the level at which currencies would be balanced," he said.

"Europeans must, however, better affirm their economic strategy if they do not want to let the Sino-American couple dominate the global debate for the next 20 years," he said.

Strauss-Kahn said the two crucial factors to achieve the status of major economic power today are a big population and technological advances.

"The enlarged Europe has a big population, with 500 million inhabitants, but on the technological front things have not moved on sufficiently since the Lisbon strategy was launched in 2002," he said, referring to the 27-member European Union.

The Lisbon strategy was an EU roadmap that was supposed to cut red tape, promote growth and make the bloc the world's most innovative region.

"I note that the technological debate, which today is focused particularly on energy, is much more vigorous in the United States than in Europe," Strauss-Kahn said.

(Reporting by Estelle Shirbon; Editing by Leslie Adler)




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While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.

There is no other solution. Regulation can only temper an inherently terminal process.

If you are not promoting mathematically perfected economy™, then you condemn us to monetary failure.



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