Wednesday, January 4, 2012

Euro Debts eliminations

The challenges of Deficit Thinking Approach has been create tremendous problems to many countries especially in EU. Using debt to enjoy the happy go lucky lifestyles without financial disciplines and control. A lot news talk about Euro Debts Collapse and no country are safe.

We suggest by changing the thinking pattern to Assets Based Thinking and using Positive Possibility Thinking method to simulate better solutions and decisions to overcome ITS. May be EU got exit policy for countries whom may option to be issuing own currency, ie. Greece. If Greece can apply Capital Control Policy like Malaysia government implemented before during Asia Currency crisis. which may peg on Euro and US dollar on reasonable currency rate to avoid market crash or loss confidence. At the same time, Greece Gov. can focus and plan more Public Infrastructure, Utilities, Public Housing Programme etc to boost up it own economy and creating more employment to it people. Educate public and government servants to have ABT approach for next few years to build up its own strength and better financial status.

Which choose or allow one country exit from EU dollar group with stable and manageable capital control policy with IMF assistant, it may be create better options for those PIIGS to follow or modelling. Weak leadership and complication between politic and economy sectors may create many unresolved matters or spin off bigger egotism issues of certain leaders.

Just suggestion after reading many negative news about EU Debts matters.

No comments:

Post a Comment