(Tokyo Subway)Solutions and Inventions against Crises
Present one or more solutions.
Offer one or more ideas.
Then, be proud.
It is because it looks like a pre-war situation at least on the monetary base.
SECTION I: SOLUTION
They say that twenty million workers have lost jobs in China.
They say that two hundred thousand workers will lose jobs in Wall Street.
ILO also says that twenty million workers will lose jobs globally, and additional 100 million people will be forced to enter the state of poverty worldwide.
They are all victims of this financial crisis triggered in Wall Street.
But, the solution is clear and simple: investment.
It is time for rich companies and rich people to invest their money to industries other than the financial sector.
Funds and investments must be directly directed to the real economy but not the money economy.
Governments in the world have to give credit to such businesses and entrepreneurs.
To hire workers itself must be regarded as business no matter what profits a company gets, since a government can provide financial aid in exchange of obtaining a right to collect fruits from future growth and deployment of the company.
SECTION II: INVENTION
A simple and safe helicopter for personal use may be welcomed by consumers.
My idea is to equip a helicopter with a long shaft to set propellers at a higher position and wings to separate air flows between the upper, propellers domain and the lower, cabin domain.
A user or a pilot will not be bothered by strong air flows accompanying the movement of the propellers, making personal use in daily life easier.
The fixed wings can also work for gliding in case of malfunction of the engine.
And, the engine is an electric motor, since the era of electric cars are coming closer.
I may sell this idea and design to, say, GM.
Another commercial merit for this EEE-Helicopter is its costs: probably, one-fifth of a current model.
Public services, including the police or fire department, must think about its convenient and effective use, since this new model can be carried by a truck to any site.
SECTION III: LESSONS
Now, Mr. Greenspan has admitted that he made a big mistake.
I once pointed at his failure in this EEE Reporter blog.
Indeed, Alan, as you did not look like a dangerously talented expert for President Reagan and Mr. George. H. W. Bush, you were chosen for the FRB Chairman, I reckon.
You must have resigned when Mr. Clinton took over the White House.
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I have a tremendous amount of respect for Mr. Greenspan, but I think he fell asleep at the wheel. Even Nobel Prize-winning economist Paul Krugman said earlier this week when asked to identify those responsible for the meltdown that Alan Greenspan is “top on my list” of “villains.”
http://blog.thehill.com/2008/10/24/greenspan-and-cox-did-not-heed-warnings-of-crisis-rep-elijah-cummings/#more-7546
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Anyway, this can be a big warning to Japanese politicians who are now responsible to protect and defend not only the value of yen but also the global economy.
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That is all for today.
Oh, what a gloomy sight it was!
It is as if everybody put on gray clothes.
But, faith and love will save the world and TV audiences.
(Do you really check EEE Reporter on Saturdays? Are you going out to look for American idols or Japanese heroes if not French dancers?
http://www.fukuchan.ac/music/latin/aidoruosagase.html )
Mat 10:24 The disciple is not above his master, nor the servant above his lord.
Mat 10:25 It is enough for the disciple that he be as his master, and the servant as his lord. If they have called the master of the house Beelzebub, how much more shall they call them of his household?