New Options In Dealing With The Euro Crisis

Greece now happens to be the first where we see the magnitude of our currency crisis. The rules of the system now force those countries to make tough spending cuts. While this seems to be the intuitive solution it is a dead end and poison for the economy. To go further into €-debt isn’t the solution either. Nor is kicking anyone out of the Euro system. I want to show that redesigning national currency, based on mutual debt, complementary to the Euro system, can be a solution to stimulate the regional economy. It allows for ongoing investments in infrastructure and public spending while still keeping the Euro safe for now.

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Make $10 million in a year with a housing community and by creating a complementary currency

Richard Heider Facebook Avatar Help people impacted by the economic crisis, by utilizing your name and marketing ability to create a not for profit housing community and along side a complementary currency.
This has overlap with the suggestions of Danielle Ford and even though you would not destroy the central banking system like Barry Robijn demands, you would create a complementary currency and foster local economic development.
This will not create a bank account with 10 mio on it in one year, but it can create value around that amount in a charitable field, thus would qualify your challenge.

This is my open answer to a question asked on Facebook by Tim Ferris:

Tim Ferriss Facebook AvatarHaha… well, greetings! Here’s a two-part question, and it’s a real one: how would you suggest I make $10 million in the next year… and give it all away for the greatest good? Any specific ideas? I know, I know: ridiculous drunk question. Still a real one.

Here is the action briefing for you (554 words):

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Increase German wages for a strong Euro

To balance the Euro, so the theory by Edward Hugh, Greece and other countries should reduce wages by 20%. It would be easier to increase the wages in Germany, says Sam Constanzo and asks: “@Richard, why are Germans opposed to being paid more?”

Germans have been told that they ‘need to take cuts to stay competitive’ for so long, that no one can imagine, that the solution could be as painless and comfortable as spending more. Additionally the fears of mass layoffs in the car industry is further weakening the unions.

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