The Future of Worldwide Monetary Policy, from Davos, Switzerland. for 2014
from the desk of Stanley Serklew ..(contact) at(serklew@msn.com)
from the desk of Stanley Serklew ..(contact) at(serklew@msn.com)
This
week, we have been treated to an infinite array of 'Power Brokers',
Heads of States, and a few armfuls of' Billionaire Investors',
representing every Continent , who have endeavored to supply, their
thoughts, and opinions, as to how to utilize the many Trillions of
Capital, at their disposal for both growth and survival. The media. in
advance identified that 85 Billionaires, worldwide, controlled assets,
which comprised the entire wealth of 3.5 Billion people.
The main topics, were , housing, unemployment, Social Unrest in Europe, the Middle East, Africa.
There
was unanimous agreement, that world leaders must, at this critical
juncture, function to unilaterally solve these problems. through much
more capital investment, in these critical areas, to achieve, a targeted
world G.D.P. of 2% for 2,014...........Interest rates will be volatile,
with U.S. Treasuries pricing reflecting all exogenous events
worldwide, with little or no upside in yield through the balance of the
year....Stay tuned on this topic........(...10 yr. U.S Note @
2.74%....close 1/23/2,014)
Much discussion was
given to the effects of Q.E. as an important weapon to lessen the
negative effects of the '08 financial meltdown.
One could
easily draw the conclusion, that optimism, was high, for world
economies, however, mixed with some negativity, as to who will lead the
way to resolve unemployment, which plagues many of the regions, in the
industrialized countries. There appeared to be a high level of 'anxiety'
, as it related to this issue.
There was, 'the Deadlock
Effect', when unemployment, largely concentrated on the youth, age
range, 18 to 40, that constitutes this abnormally large segment of the
unemployed, who traditionally, represented a 'strong purchasing segment'
had little capacity to carry out this normal function of buying power,
which historically, provided the' lubricant' for growth in every nation,
as well as the concept of 'eating their young' which stumps the most
hardened economists representing the sum total of 'Central Banks' and
the infinite number of Lending Institutions, as to how to protect their
lending practices without Political, or Government regulation, that
serves to 'quench the thirst' for the most effective solution, which
simply is to 'open the vaults', and begin lending for housing,
infrastructure, and industrial, and whatever is needed to keep growth
on target, and prevent, any further sliding into a 'variety' of economic
imbalances that effect all, who are in need for a more evenly keeled
happier economic existence...........
Those of
us, who are dedicated to the 'Capitalist System', must utilize the
tools, to regenerate, the economic health, and the beauty of our
'Remarkable Country'.
This can only be accomplished by the
efforts of each one of us, to function, as a 'United America', inviting,
participation in the 'strong' regrowth' which we all seek...Lets give
the Banking Systems of the world, a unified push, that we're ready and
capable of moving forward for everyone;s benefit.
from the desk of Stanley Serklew ..(contact) at(serklew@msn.com)
Foward to Payam Raouf
President, Arizona Property Management & Investments
