Confuse Economic Palsy with Economic Hibernation: A FATAL ERROR
Aktualisiert: Jan 23
As many times as I repeat to an error, this will not go away; but will cause the error to multiply more intensely and in the opposite direction to what was intended"
CONFUSE ECONOMIC PARALYSIS WITH ECONOMIC HYPBERNATION, A FATAL MISTAKE
Study by Jorge Vendrell that will be part of his next book entitled: "FROM THE WORLD ECONOMIC PANDEMIC TO THE GLOBAL ECONOMIC CRIOGENIZATION." Quote required by copyright."
"CONFUSING ECONOMIC PARALYSIS WITH ECONOMIC HYPBERNATION WILL GO DOWN IN HISTORY AS THE BIGGEST MISTAKE IN ECONOMIC HISTORY. AN UNPRECEDENTED MISTAKE THEY CONTINUE TO MAKE TO THIS DAY: PRESIDENTS, POLITICIANS, ECONOMISTS, AND JOURNALISTS FROM AROUND THE WORLD. AN ERROR OF SUCH MAGNITUDE THAT IT HAS PLUNGED THE WORLD INTO A GLOBAL ECONOMIC PANDEMIC FAR SUPERIOR TO THE 2008-2011 CRISIS, AND WHOSE SCALE IS OF SUCH CALIBER THAT ONLY ECONOMIC CRYOGENIZATION CAN SOLVE."
Confusing Economic Palsy with Economic Hibernation is an unforgivable mistake. Worst of all, the IMF has encouraged this error with its statements of more severe confinements, which found a head-on response in my report titled: "IMFERROR GRAVISIMO: THE MORE ECONOMIC PARALYSIS GREATER GDP FALL"
"THE FUNDAMENTAL DIFFERENCE BETWEEN ECONOMIC PARALYSIS AND ECONOMIC HIBERNATION IS THAT THE FORMER PARALYZES COMPANIES' REVENUES WITHOUT PARALYZING THEIR SPENDING, LEADING MANY COMPANIES TO RUIN; INSTEAD, ECONOMIC CRYOGENICIZATION PARALYZES BOTH INCOME AND EXPENSES BY SAFEGUARDING CITIZENS AND BUSINESSES FROM ECONOMIC COLLAPSE AND THE STATE OF BANKRUPTCY, DELIGIATING ALL THOSE WHO CONFUSED THE PROBLEM WITH THE SOLUTION. "
"As many times as credibility is made of a mistake, this will not validate it; but will cause the error to multiply more intensely and in the opposite direction to what was intended" as I highlight in the report titled: ACCORDING TO NEWTON'S LAW: LATINOAMERICA FACES AN UNPRECEDENTED REGIONAL ECONOMIC COLLAPSE
THE SIMILARITIES ENTER THE BRAIN AND THE MARKET
"Just as cerebral palsy can cause death, economic paralysis could wipe out the market."
Everyone's heard of the term cerebral palsy. Cerebral palsy occurs in many cases after severe trauma. Imagine now the market for goods and services as a whole, for example, as a brain. Imagine that heavy trauma affected the market, what would happen? In principle it would all depend on the intensity of the trauma, because let us see what the intensity of the trauma in Spain was on March 24, 2020 caused by the forced economic paralysis decreed by the Sanchez government.
"ON 24 MARCH 2020, THE PARALYSIS OF THE SPANISH MARKET WAS -88,14% THAT DAY I SENT AN EMAIL TO THE B.M., THE ECB, THE IMF, AND THE UN, WARNING THEM THAT MARKET PARALYSIS OF -70% WOULD LEAD TO THE DEMISE OF THE MARKET, IN JUST 6 MONTHS AND THE TERRIBLE ECONOMIC CONSEQUENCES , SOCIAL AND POLICY IT WOULD PRODUCE.
ON 6 APRIL, SPAIN'S PARALYSIS REACHED -91.43% THE HIGHEST LEVEL OF PARALYSIS EVER ACHIEVED. FROM 20 MARCH TO 7 MAY, SPAIN'S ECONOMIC PARALYSIS EXCEEDED -80% AND FROM 1 APRIL TO 17 APRIL EXCEEDED -90%. EPIC FALLS THAT AUGURED THE DESCENT TO HELL OF THE SPANISH ECONOMY."
It seems clear that in the Spanish economy there has been severe trauma, since after 10 months Spain will end the year with economic paralysis of more than -30%. Just as after severe trauma some of the neural activity disappears, after trauma to the market part of the companies will disappear. Neurologists say the least affected parts could recover and the most damaged could not, which could help us understand the aftermath left for employment by the crisis that affected Spain between 2008 and 2013, and that by the end of 2019 it amounted to more than 3,000,000 parados.
It is clear that if the brain undergoes various traumas it will eventually collapse; similarly, if the economy is hit several times, the trauma will increasingly affect a larger area eventually triggering economic collapse, as I explain in the Ways of Economic Collapse. The implementation of cryogenization will be vital to save both the brain and the market. Undoubtedly an early and accurate diagnosis will save many upsets, on the contrary, long paralysis or misdiagsis will only make the situation worse.
Believe me if I tell you that the market acts very similarly to the brain, buyers and sellers adjust production through competition automatically, and every day more, almost instantly. So when we're going to buy a TV, it's usually that we can take it home at the time of purchase, which is still surprising when you consider that in 2019 it is estimated that 215.62 million TVs were sold worldwide. Multiply now millions and millions of products by millions and millions of consumer purchases, billions of purchasing decisions from millions of people who want to get their products instantly.
We know that the brain communicates through neurons with each other, and with other parts of the body by sending nerve impulses, through a vast network of nerves. Something similar happens on the market. Millions of people through their choices make purchases that are replenished almost instantly using a global production and distribution network that nurtures all the world's shops and that we can purchase online, or directly.,
BRAIN DEATH VS MARKET DEATH
If for 6 months the market for goods and services suffered from paralysis of more than 70%, the market would almost disappear. The economic panic caused by the paralysis decreed by the government would unleash the 6 Cascade Effects: Stampede, Domino, Drag, Aid, Boomerang and Snowball as I explain in:"Phases and Waterfall Effects of economiccollapse". The consequences would be lethal to the economy: most companies would go bankrupt, scarcity would lead to a disproportionate rise in inputs causing high inflation, triggering the widespread economic collapse that would trigger unemployment and poverty. If after these circumstances were flooded the market with a greater money supply, printing money, would trigger a hyper-inflation like german after the first world war, or that produced in Venezuela in the 21st century, WHOSE ROOT IS NOT THE IMPRESSION OF MONEY, BUT THE DISAPPEARANCE OF PART OF THE MARKET THAT IS THE ONE THAT INITIALLY TRIGGERED THE INFLATION, THE REST ARE EFFECTS IN CHAIN OF ACTION-REACTION
Although the market crash has not exceeded -70% for more than 6 months, near-constant confinements have caused numerous traumas in the Spanish and global economy, so it is essential to hibernate and cryogenize it to prevent further spreading of part of the market and avoid the dire consequences for price stability of growth and employment.
ECONOMIC CRYOGENIZATION: THE ONLY SOLUTION
To use a current simile, hibernation would be the first vaccine and cryogenization the second, with public and private workers, freelancers and entrepreneurs and cryogenized enterprises safe, as I explain in:
"VENDRELL PLAN OF ECONOMIC CRIOGENIZATION"
The Vendrell Economic Cryogenization Plan is subdivided into two parts:
THE HIBERNATION OF THE ECONOMY.- The first part of the plan is to hibernate the economy; that is, HIBERNATED COMPANIES SHOULD SUSPEND ALL THEIR PAYMENTS, which would imply "stop paying all suppliers whose goods have not been received before declaring hibernation. Suspending payments to creditors included freezing the payment of rents and also suspending payment to employees, as well as any taxes, so that companies that had to be inactive were hibernated. It was about a full-governing ECONOMIC HIBERNATION, nothing to do with the sloppy ECONOMIC PARALYSIS DECREED BY GOVERNMENTS, SYNONYM OF ECONOMIC RUIN.
Once the economy was hibernated, the second phase would be activated: "The Cryogenization of the Economy"
ECONOMIC CRYOGENIZATION.- It is based on the equal issuance of CIBER-DEUDA and CIBER-MONEY, and these must be endorsed by the UN and the IMF to give it legal coverage. The World Bank would be responsible for authorizing the different central banks to issue CIBER-CURRENCIES: CIBER-EURO, CIBER-DOLLAR, CIBER YEN, CIBER-YUAN, CIBER-LIBRA ETC. and it would be the one who would authorize central banks to make the lost transfers to their affected legal, with the Ministry of Finance finally taking care of making them and sending them to the mobile devices or the Guaranteed Payment Cards (TPA) of their beneficiaries.
"The main objective pursued by the " ECONOMIC CRYOGENIZATION”, is that money flows quickly to its legal recipients once it has been hibernated first, and cryogenized the economy subsequently, and thus preserve the market from irreparable damage, following the same guidelines as in the cryogenization of living beings, whose technique of cryo-preservation is based on the hibernation of the whole being.
"IF STATES AND INSTITUTIONS REFUSE TO CRYOGENIZE THE ECONOMY, IT WILL BE THE CITIZENS WHO WILL END UP IMPOSING IT."
To this day, it is clear and notorious that they did not cryogenize the economy as I proposed or warned them of the disastrous consequences that were coming. Remember that in those days many supermarkets were practically empty, and both the government and several supermarket chains tried to calm the spirits by ensuring that there would be no desupply.
But to this day it can also be seen how the confusion between economic paralysis and economic hibernation will be paid for with a historic fall in Gdp by 2020, and a dizzying increase in unemployment. The confusion between economic paralysis and economic hibernation led them to believe that they were hibernating the economy when it was actually being paralyzed. Something pathetic, no doubt!
CONFUSE ECONOMIC PARALYSIS WITH ECONOMIC HYPBERNATION: A FATAL MISTAKE
To see the difference between economic paralysis and economic cryogenization let's imagine a person who has suffered trauma to one hand. On the left is the thumb in good condition. The index is infected, having at all costs stop the infection since if it does not a chain effects will be triggered successively causing the decomposition, rot and skeletonization not only of the hand, but of the whole being.
Suppose now that your thumb has been hibernated, but the rest of your hand has not. The end result will be the death of the individual and the squetching of the hand. By translation from the pre-economy example, it seems obvious that:
"Economic hibernation must be complete, since otherwise what will occur will be economic paralysis, with serious consequences that could ultimately lead to the demise of the market."
MAXIMUM ALERT: CRIOGENIZACION ECONOMICA
Then I play part of that email I sent to the B.M., B.C.E., F.M.I and the UN herself, on 24 March, the day when Sanchez's economic paralysis reached that day - 88,14%, as a result of which alerted them that if the economic paralysis decreed by governments exceeded -70% for more than 6 months the market could disappear , which is why I urged them to cryogenize the economy immediately. Here's part of that email:
"As we know at the end of the month, most payments from all citizens are concentrated, so it is vitally important that the amounts have been transferred through cyber-currencies to all citizens, and businesses, to meet their expenses by then.
According to my calculations, the Economic Pandemic will develop in 5 phases, one for each month, and can only be paralyzed by the cryogenization of the economy or with the discovery of the vaccine.
THE FIRST PROBLEMS WILL BEGIN IN EARLY APRIL. - When part of the population and companies are reduced their income considerably by the effect Delegation of Responsibility.
IN EARLY MAY, COINCIDING WITH THE INCREASE IN GLOBAL INFECTED PEOPLE, THE ECONOMIC PANDEMIC WILL DEEPEN AND SPREAD WIDELY. The first countries to suffer from it will be those where the disease has hit them harder. There will be a domino effect causing widespread DEFAULTS, with companies required to suspend payments to SUPPLIERS AND WORKERS IN A GENERALIZED WAY, which will unleash a high-virulence ECONOMIC PANDEMIA globally.
IN EARLY JUNE. - The Boomerang effect will appear more strongly, globalizing the PANDEMIA ECONOMICA by breaking most global companies.
BY THE BEGINNING OF JULY, MORE THAN 70% OF THE WORLD ECONOMY WILL BE MISSING. - Countries like Mexico will be mired in the absolute poverty, the stampede effect that will have occurred over the previous months especially in economies that put more obstacles to dismissal as SPAIN will leave a large part of the population inpoverty.
THE TRADITIONAL MARKET WILL BE EXTINGUISHED TO AUGUST AND all sales will be made over the internet. Capitalism will be residual, and rationing will impose communism as an emergency solution, resources will be scarce, causing high levels of inflation and a return to the Middle Ages.
"IF THE SHORTSIGHTEDS OF OUR RULERS AND ECONOMISTS DO NOT TAKE MY WARNINGS VERY SERIOUSLY, A WORLD OF ECONOMIC CHAOS WILL TAKE OVER OUR LIVES. CITIZENS WILL PANIC AND FAIL TO MAKE THEIR MONTHLY PAYMENTS, COMPANIES WILL SEE DEFAULTS GROW ABOVE 70% AND THE EFFECTS OF DELEGATION OF RESPONSIBILITY, STAMPEDE, DOMINO AND BOOMERANG, WILL MAKE THE MARKET DISAPPEAR ALMOST INSTANTLY. AS AN EXAMPLE, REMINDING THEM HOW IN LESS THAN FIFTEEN DAYS BANESTO WAS LIQUIDATED AT $1, AFTER THE PUBLIC ADMINISTRATIONS THEMSELVES WITHDREW THEIR FUNDS BY CALLING IT BANKRUPT."
The Delegation of Responsibility, proposed by many economies, IS NOT AN OPTION as soon as citizens assume that the law encourages them not to pay, the Effect of The Delegation of Responsibility was uneseen, and no one paid, companies would not be inundated with defaults either. This effect will trigger the Domino and Boomerang effects, and only countries that secure payment of business wages, retirements and overhead through cyber currencies will survive
The flood of cheap credit in the economy IS NOT AN OPTION, IT IS A TEMERITY. It is obvious that you cannot ask for or grant credits when I do not know what the customer's receipts are going to come unpaid, which would go to banks, and large corporations directly to broken banking.
The purchase of PUBLIC DEBT by central banks IS NOT AN OPTION. The sick is not the state, the sick are the companies and the millions of unemployed who will see their income drasticallyreduced.
At President Sanchez's TV appearance on March 22, he said verbatim, "Hopefully we can do something extraordinary!
PRESIDENT SANCHEZ, from here I want to send you that IF YOU can do something extraordinary: CRIOGENICE THE SPANISH ECONOMY URGENTLY; IF NECESSARY, CIRCULATE THE CYBER PESETA; IF YOU DON'T, YOU'LL END UP REGRETTING IT FOR THE REST OF YOUR LIFE."
For two months, from 19 March to 18 May, economic paralysis in Spain exceeded 70%, the consequences are in sight, the rise of unemployment and the fall in shred gdp. Although market disappearance has been prevented, persistent paralysis has caused serious damage to the economy, some irreparable, highlighting once again the urgent need to cryogenize the economy.
"THE REFUSAL TO CRYOGENIZE THE ECONOMY OF THE WB, ECB, IMF AND THE UN HOLDS THEM DIRECTLY RESPONSIBLE FOR THE CONSEQUENCES OF THE ECONOMIC PANDEMIC, WARNING THEM AGAIN THAT ECONOMIC CRYOGENICIZATION IS, A DUTY AND OBLIGATION OF STATES AND INSTITUTIONS, AND AN INALIENABLE RIGHT OF CITIZENS; SO IF THEY REFUSE TO DO IT, IT WILL BE THE CITIZENS WHO WILL END UP IMPOSING IT."
"THE REFUSAL TO CRYOGENIZE THE ECONOMY OF THE WB, ECB, IMF AND UN HOLDS THEM ACCOUNTABLE FOR THE CONSEQUENCES OF THE ECONOMIC PANDEMIC"
More information on LinkedIn: criogenizacioneconomica & www.wed-center.com
Jorge Vendrell - World Economy Devolepment Center