Open letter from Wim Grommen regarding concerns about European stock indices.
Dear Ms Lagarde, dear Mr Draghi and dear Mr Van Rompuy,
Now that the welfare of many citizens in Greece, Portugal, Spain, Italy and France threatens to sink beneath the critical point, it is important that there will be a solution for these citizens in the short term. History has taught that the collapse of the pillar of prosperity in a society always leads to revolution. Signals have reached me through the media, that revolution in these countries is rattling at the gate. Governments of these countries, regardless of their political persuasion, see this with sorrow, but have their backs to the wall.
I therefore suggest that, prior to January 1, 2015, the "8-step rescue plan Euro" (see appendix) that I have prepared for database administrators of banks in these countries is implemented. After executing this plan, citizens in these countries will have sufficient funds to live in a dignified manner in 2015. Your organizations can thus present itself as Robin Hood. A Robin Hood, who also takes care of the wealthy individuals in the society. The rescue plan namely also prevents chaos in the financial markets which arises due to revolutions. The stock market crash in 1929 has demonstrated the disastrous consequences this may have for societies.
For additional background information, I refer you to my paper "Current problems associated with the end of the third industrial revolution" which was presented at an International Symposium in Valencia, The Economic Crisis: Time for a paradigm shift, Towards a systems approach. I also request you to consider my proposal, to reindex, in consultation with the stock exchange owners, all European stock exchanges at 100 points. For additional background information on this proposal, I refer you to my articles The Dow Jones Industrial Average: a Fata Morgana and Will Obama manipulate the Dow Divisor? From fiction to reality.
Your invitation for a discussion on the topic "8-step rescue plan Euro" or the topic "Reindexing European stock exchanges" would be welcomed.
A concerned European citizen