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Which controls the crisis?
ERIC ZIMMER BY THE FRENCH ECONOMIC
2014/03
Summary
 The economic situation
 The incompetence of the political
 Why are we in crisis
 Who benefits from the crisis
 How long can this time
 Which controls the crisis
The economic situation
The economic situation in Western countries and emerging financing problems facing states and social benefits which
are built on our economic structures.
When you look at the French model that many countries envy us, it is true that the operating levers of our European
countries are very flexible and our growth prospects are limited to close and fund the debt of the states.
Globalized companies out respectively and currently generate excellent returns (Apple, Microsoft, BMW, Total, Eads,
etc..) To name a few.
So why do some of them have made social plans, closed factories? (PSA, Pfizer, Sanofi, etc.).
We already know that the shareholders receive a minimum return.
Yet we were before 2007 in a positive growth, unemployment and low controlled, and the states got good prospects of
semi-budgetary control, let debt soar, Europe grew, the emerging countries are preparing ... .
The incompetence of the political
Do not hide the face, the face of the political crisis in piloting NOTHING. They control their spending only seeks
to borrow at acceptable rates with their loan notes the famous triple A, which is not much when you look at it.
The problem statement is that our leaders or managers are not involved in the indirect result of their service
divisions .... as it should be as good business manager.
If we look at in detail, each country was built with its own history. Economic models invariably vary as the
political (left, right, center) IN FINE but its trends apply no long-term strategic visions would define as a good
captain of industry has its own business plan and accountable to the Executive Committee see to its
shareholders.
Take the history of the equity of Renault Nissan (36.8%) in 1999 with 22 billion debt, declining market share,
loss, a market valuation that fall and method applied by Mr. Carlos Ghosn. (Ref: How Carlos Ghosn Rescued
Nissan to). Pou straighten the group mired in internal issues, a detailed analysis and a total reorganization
(processes, selling, repackaging) have enabled the Renault-Nissan alliance of profitable investment in less than
3 years and show TODAY ' Today new growth prospects of the world's most profitable (11% operating margin).
To minimize this inefficiency, our politicians and our model should be clearly outlined in every election and
explain thoroughly before any vote. This plan should be built on a long logical and strategic plan set the time
without being challenged every 5 years with repeal of laws that do not appeal to a certain caste politics.
Our policies should be guided by emerging countries such as China policy, which appoints its Chairman and
Minister every 10 years by creating a business model over the long term.
Why are we in crisis
 Difficult issues on which even the ECB, our think tanks, economists with market do not have answers, or rather do not want too
much detail circuits influences.
 If we analyze some elements again by repeating the historical chronology of key points, we can see the dicta brings us to
remain in crisis:
 1st World War (1914_1918)
 2nd World War (1939_1945)
 Cold War between the United States and the Union of Soviet Socialist Republics (1945_1989)
 Vietnam War supported by the Eastern bloc and China
 fort Dollars
 Oil Crisis (1973)
 Implementation of Nuclear Program
 Reduction Dollars
 2nd Oil Crisis (1980)
 Decline of France (GDP)
 1st Gulf War (1990_1991) "Operation Desert Storm"
 Globalization and Globalization (1990)
Why are we in crisis
 Creation of Europe (1992)
 Opening from emerging countries China, South America
 Désindustrialisation countries towards low-cost countries
 Creation of the Euro (2002)
 The machine dictates monetary policy
 3rd oil shock (2003_2008) called Energy Crisis
 destabilization of Arab countries (Tunisia, Libya, Syria, Afghanistan, Iran, North Korea)
 Growth mast
 American subprime crisis (2007)
 Stock Market Crash (2008)
 debt crisis on European states (2010) triggered by Greece
 Libyan Civil War (2011)
 Economic Recession (2012)
 Chinese GDP down (2012)
Why are we in crisis
The analysis for the years son informs us that this crisis will be sustainable in the sense that a new economic model is in
progress (slow build) and this model is still not finalized.
This means that places strategic and financial are not yet accepted by governments or emerging countries and that Europe
desperately. Or is the driver?
What becomes historically industrialized countries purchasing power?
The problem in Western countries is the ignition delay. Our codes, our values, our people are our models are never questioned.
Thus indirectly and yet our political fall asleep on their laurels without vision and eyes on the world. We can not blame them
when we know that our policies seek to achieve the Grail as a matter EGO enrichment powers. Just look at our latest political
heads to see trends, none of decision-making, leaving the ship "France" move on autopilot. You tell me a good autopilot will
take you to destination.
It is quite true, but at some point turbulence arrives and it disconnects. Which takes the stick and analysis tools made available?
Our next government and those currently no longer have the right to be wrong, and must obtain their pilotage certificate on
any type of aircraft. If this assumption is not taken into account the model "France" will overcome! Indeed, this is already the
case, the decay is growing at supersonic speed. We can still react if our policies typically stop their fighting COQ, and manages
to create a real European policy with our major corporations.
What is a European policy?
Simply appointing an excellent captain with a great crew! This European policy must be attuned to the men who create value
and captains of the companies that make the economic wealth of our country. Together they create, they think, they generate
wealth for states with a good business plan to confront the difficulties of markets, tax, human as we know it today. Liberate our
companies constraints, listen to them for once! Liberalize work and train for the jobs of tomorrow.
Who benefits from the crisis
This crisis came from the United States of America and its investment banks, the famous "subprime" we
did not know we novice banking system.
Granted to American families and fund Europe largely. Of course the saying still works: the snowball
effect. Is all this was predictable: YES for a minority of individuals known but why we stay away from this
crisis without carpet named dépêtrés can we??
Europe was far to thank you for our American friends and currency dollars flew our businesses and our
purchasing power indirectly. But we were naturally grateful for the assistance given by the U.S. for this
model or respect stabilized.
Europeans and policies (thank them for once) have desired one strong and united Europe that would
allow us to go into competition against our American friends. Indeed, were we French we choose to stay
alone with these new emerging markets with our benefits? No.
They left us create this community, to expand the community through the integration of our countries
emerging semi-called "PIGS" that today we not facilitate the task .....
But it hides you really?
Until 2011 China had a growth rate of over 10% and garnering a treasure with a non-standard
monetary supremacy incredible. Labor is not limited to the country and a thirst to control the world
to tell the citizenry that they are intelligent, strong.
It is true that a mixture of policy following the communist model of liberalism and now allows them
to announce such a result and such a decline towards other countries.
The explanation may be it. We are driven by financial issues and international monetary see between
three very important economic powers who want to see geographic region led the world and the
challenges of tomorrow.
Is this decline will be sustainable?
Faced with this dilemma less controllable and intolerable from our allies American policy, the famous
rating agencies came into track.
Who remember having heard of his famous agencies before the 2000s?
Why are they here today If the European CAS?
One of the first importers of Chinese products remain to this day Europe and the USA part. The U.S.
has carried out a policy on their imports drastically limited the case to playing on their exchange rates,
thanks to the EDF (falling dollar).
Americans have stopped desired Chinese economic machine in its tracks unbridled production to
western countries.
How this led free trade and the Chinese war machine?
And yes it is when qu'interviens rating agencies that bombard our famous western states in their
margins of maneuvers and economic recovery.
Why we do not separate these famous PIGS?
Because a mostly American and international pressure pushing Europe to remain in this
configuration! due to monetary issues Euro / Dollars and Yen's face to the construction of China.
They are therefore more fly: rating agencies and leaders who want Americans controlled the
development of China and indirectly its currency and commodities (Country Arabic) breaking
opportunities for European recovery.
It is true that our new president François Hollande has defined his campaign on the idea of ​​the
European Economic Recovery?
But his message changes to the son of days ..........
Why?
Because fly just give him the book. The proposal made by Nicolas Sarkozy and thus indirectly to fly
were a social tax to limit Chinese interests in the strong countries such as France as an example for
other European countries to adopt the same policy, and indirectly réindustrialisés Europe against the
Chinese dragons.
How long can this time
THAT IS THE QUESTION!
The famous rating agencies so the government Americans have naturally that Europe can not get out
simply because of Piggs. How can implement an economic policy as they exist in Germany or in France,
Greece, Portugal, SI can time. Should the PIGS over 30 years to put in place procedures to ensure that
the state could harvest the funds necessary for good functioning of the country. It is not easy to teach
a 50 year old person to run a marathon when 42Kms has not been trained from the beginning
Why?
So, we will operate on this model of crisis for many years, as:
China does not reassess its true parity with currencies Yen / Dollar / Euro
As China develops its internal trade is 60% of GDP instead of exporting its products excessively bad qualities
China does not respect human rights
Redistributes that China's currency in the real economy
That Americans have restored their treasures War and the Americans are state independent of raw materials
and have réindustrialisés are countries.
That we do not control the evolution of prices of raw materials (Ref: oil)
Meanwhile Western Europe has lost many years of competitiveness against the two economic powers such as
the United states of America and China.
I trust the Europeans to keep this momentum, this creativity, this motto to face technological challenges ahead
in a strong Europe.
Define our policies Europeans quickly a president appointed by European referendum with the implementation
of a business plan expanded to Europe and not to complete two protagonists such as France and Germany.
Our policies Europeans, including France and Germany can define an investment policy with major donors orders
to réindustrialisés value in priority countries in Europe "Pigs."
So build factories in the "Pigs" to share the work among Europeans (Ex: Eads) and saved from inevitable
bankruptcy liberalizing labor.
Which controls the crisis
 To answer simply, the world, our groups, our companies are overkill for most curb
to a new world we finalized.
 Various influences that make each country continents, regions seek a significant
part of this new global momentum. Is that the pilot would not ratings agencies
altogether? I'm afraid.
 I would have to say a word in conclusion:
 European politicians Gentlemen, gentlemen European investors, business leader
Gentlemen, get together and build giant ships that can traversed storms and
decades to come, we will be stronger for that future storms faced crisis with
business plans based on the long term.
 The future is multicultural companies seeking to develop synergies around clear
objectives.

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Which controls the crisis ?

  • 1. Which controls the crisis? ERIC ZIMMER BY THE FRENCH ECONOMIC 2014/03
  • 2. Summary  The economic situation  The incompetence of the political  Why are we in crisis  Who benefits from the crisis  How long can this time  Which controls the crisis
  • 3. The economic situation The economic situation in Western countries and emerging financing problems facing states and social benefits which are built on our economic structures. When you look at the French model that many countries envy us, it is true that the operating levers of our European countries are very flexible and our growth prospects are limited to close and fund the debt of the states. Globalized companies out respectively and currently generate excellent returns (Apple, Microsoft, BMW, Total, Eads, etc..) To name a few. So why do some of them have made social plans, closed factories? (PSA, Pfizer, Sanofi, etc.). We already know that the shareholders receive a minimum return. Yet we were before 2007 in a positive growth, unemployment and low controlled, and the states got good prospects of semi-budgetary control, let debt soar, Europe grew, the emerging countries are preparing ... .
  • 4. The incompetence of the political Do not hide the face, the face of the political crisis in piloting NOTHING. They control their spending only seeks to borrow at acceptable rates with their loan notes the famous triple A, which is not much when you look at it. The problem statement is that our leaders or managers are not involved in the indirect result of their service divisions .... as it should be as good business manager. If we look at in detail, each country was built with its own history. Economic models invariably vary as the political (left, right, center) IN FINE but its trends apply no long-term strategic visions would define as a good captain of industry has its own business plan and accountable to the Executive Committee see to its shareholders. Take the history of the equity of Renault Nissan (36.8%) in 1999 with 22 billion debt, declining market share, loss, a market valuation that fall and method applied by Mr. Carlos Ghosn. (Ref: How Carlos Ghosn Rescued Nissan to). Pou straighten the group mired in internal issues, a detailed analysis and a total reorganization (processes, selling, repackaging) have enabled the Renault-Nissan alliance of profitable investment in less than 3 years and show TODAY ' Today new growth prospects of the world's most profitable (11% operating margin). To minimize this inefficiency, our politicians and our model should be clearly outlined in every election and explain thoroughly before any vote. This plan should be built on a long logical and strategic plan set the time without being challenged every 5 years with repeal of laws that do not appeal to a certain caste politics. Our policies should be guided by emerging countries such as China policy, which appoints its Chairman and Minister every 10 years by creating a business model over the long term.
  • 5. Why are we in crisis  Difficult issues on which even the ECB, our think tanks, economists with market do not have answers, or rather do not want too much detail circuits influences.  If we analyze some elements again by repeating the historical chronology of key points, we can see the dicta brings us to remain in crisis:  1st World War (1914_1918)  2nd World War (1939_1945)  Cold War between the United States and the Union of Soviet Socialist Republics (1945_1989)  Vietnam War supported by the Eastern bloc and China  fort Dollars  Oil Crisis (1973)  Implementation of Nuclear Program  Reduction Dollars  2nd Oil Crisis (1980)  Decline of France (GDP)  1st Gulf War (1990_1991) "Operation Desert Storm"  Globalization and Globalization (1990)
  • 6. Why are we in crisis  Creation of Europe (1992)  Opening from emerging countries China, South America  Désindustrialisation countries towards low-cost countries  Creation of the Euro (2002)  The machine dictates monetary policy  3rd oil shock (2003_2008) called Energy Crisis  destabilization of Arab countries (Tunisia, Libya, Syria, Afghanistan, Iran, North Korea)  Growth mast  American subprime crisis (2007)  Stock Market Crash (2008)  debt crisis on European states (2010) triggered by Greece  Libyan Civil War (2011)  Economic Recession (2012)  Chinese GDP down (2012)
  • 7. Why are we in crisis The analysis for the years son informs us that this crisis will be sustainable in the sense that a new economic model is in progress (slow build) and this model is still not finalized. This means that places strategic and financial are not yet accepted by governments or emerging countries and that Europe desperately. Or is the driver? What becomes historically industrialized countries purchasing power? The problem in Western countries is the ignition delay. Our codes, our values, our people are our models are never questioned. Thus indirectly and yet our political fall asleep on their laurels without vision and eyes on the world. We can not blame them when we know that our policies seek to achieve the Grail as a matter EGO enrichment powers. Just look at our latest political heads to see trends, none of decision-making, leaving the ship "France" move on autopilot. You tell me a good autopilot will take you to destination. It is quite true, but at some point turbulence arrives and it disconnects. Which takes the stick and analysis tools made available? Our next government and those currently no longer have the right to be wrong, and must obtain their pilotage certificate on any type of aircraft. If this assumption is not taken into account the model "France" will overcome! Indeed, this is already the case, the decay is growing at supersonic speed. We can still react if our policies typically stop their fighting COQ, and manages to create a real European policy with our major corporations. What is a European policy? Simply appointing an excellent captain with a great crew! This European policy must be attuned to the men who create value and captains of the companies that make the economic wealth of our country. Together they create, they think, they generate wealth for states with a good business plan to confront the difficulties of markets, tax, human as we know it today. Liberate our companies constraints, listen to them for once! Liberalize work and train for the jobs of tomorrow.
  • 8. Who benefits from the crisis This crisis came from the United States of America and its investment banks, the famous "subprime" we did not know we novice banking system. Granted to American families and fund Europe largely. Of course the saying still works: the snowball effect. Is all this was predictable: YES for a minority of individuals known but why we stay away from this crisis without carpet named dépêtrés can we?? Europe was far to thank you for our American friends and currency dollars flew our businesses and our purchasing power indirectly. But we were naturally grateful for the assistance given by the U.S. for this model or respect stabilized. Europeans and policies (thank them for once) have desired one strong and united Europe that would allow us to go into competition against our American friends. Indeed, were we French we choose to stay alone with these new emerging markets with our benefits? No. They left us create this community, to expand the community through the integration of our countries emerging semi-called "PIGS" that today we not facilitate the task .....
  • 9. But it hides you really? Until 2011 China had a growth rate of over 10% and garnering a treasure with a non-standard monetary supremacy incredible. Labor is not limited to the country and a thirst to control the world to tell the citizenry that they are intelligent, strong. It is true that a mixture of policy following the communist model of liberalism and now allows them to announce such a result and such a decline towards other countries. The explanation may be it. We are driven by financial issues and international monetary see between three very important economic powers who want to see geographic region led the world and the challenges of tomorrow.
  • 10. Is this decline will be sustainable? Faced with this dilemma less controllable and intolerable from our allies American policy, the famous rating agencies came into track. Who remember having heard of his famous agencies before the 2000s? Why are they here today If the European CAS? One of the first importers of Chinese products remain to this day Europe and the USA part. The U.S. has carried out a policy on their imports drastically limited the case to playing on their exchange rates, thanks to the EDF (falling dollar). Americans have stopped desired Chinese economic machine in its tracks unbridled production to western countries.
  • 11. How this led free trade and the Chinese war machine? And yes it is when qu'interviens rating agencies that bombard our famous western states in their margins of maneuvers and economic recovery. Why we do not separate these famous PIGS? Because a mostly American and international pressure pushing Europe to remain in this configuration! due to monetary issues Euro / Dollars and Yen's face to the construction of China. They are therefore more fly: rating agencies and leaders who want Americans controlled the development of China and indirectly its currency and commodities (Country Arabic) breaking opportunities for European recovery. It is true that our new president François Hollande has defined his campaign on the idea of ​​the European Economic Recovery? But his message changes to the son of days ..........
  • 12. Why? Because fly just give him the book. The proposal made by Nicolas Sarkozy and thus indirectly to fly were a social tax to limit Chinese interests in the strong countries such as France as an example for other European countries to adopt the same policy, and indirectly réindustrialisés Europe against the Chinese dragons. How long can this time THAT IS THE QUESTION! The famous rating agencies so the government Americans have naturally that Europe can not get out simply because of Piggs. How can implement an economic policy as they exist in Germany or in France, Greece, Portugal, SI can time. Should the PIGS over 30 years to put in place procedures to ensure that the state could harvest the funds necessary for good functioning of the country. It is not easy to teach a 50 year old person to run a marathon when 42Kms has not been trained from the beginning
  • 13. Why? So, we will operate on this model of crisis for many years, as: China does not reassess its true parity with currencies Yen / Dollar / Euro As China develops its internal trade is 60% of GDP instead of exporting its products excessively bad qualities China does not respect human rights Redistributes that China's currency in the real economy That Americans have restored their treasures War and the Americans are state independent of raw materials and have réindustrialisés are countries. That we do not control the evolution of prices of raw materials (Ref: oil) Meanwhile Western Europe has lost many years of competitiveness against the two economic powers such as the United states of America and China. I trust the Europeans to keep this momentum, this creativity, this motto to face technological challenges ahead in a strong Europe. Define our policies Europeans quickly a president appointed by European referendum with the implementation of a business plan expanded to Europe and not to complete two protagonists such as France and Germany. Our policies Europeans, including France and Germany can define an investment policy with major donors orders to réindustrialisés value in priority countries in Europe "Pigs." So build factories in the "Pigs" to share the work among Europeans (Ex: Eads) and saved from inevitable bankruptcy liberalizing labor.
  • 14. Which controls the crisis  To answer simply, the world, our groups, our companies are overkill for most curb to a new world we finalized.  Various influences that make each country continents, regions seek a significant part of this new global momentum. Is that the pilot would not ratings agencies altogether? I'm afraid.  I would have to say a word in conclusion:  European politicians Gentlemen, gentlemen European investors, business leader Gentlemen, get together and build giant ships that can traversed storms and decades to come, we will be stronger for that future storms faced crisis with business plans based on the long term.  The future is multicultural companies seeking to develop synergies around clear objectives.