SUGGESTION TO SWISS NATIONAL BANK PRESIDENT PHILIPP HILDEBRAND To:                          The Honorable Swiss National Bank President Philipp Hildebrand From:                     Athinarayanan Sanjeevraja RE:                          Rise in Swiss Franc Suggestions & Solutions: Good Morning President. I am writing to express the concern of rise in swiss franc. We know that currency appreciation boosts a strong economy, low inflation and low unemployment. In addition, it lowers the cost of commodity imports. In general currency appreciation softens the demand for exports but in Switzerland exports rise. I think that most of the swiss goods are “Veblen Goods”. I...

SUGGESTION TO THE PRIME MINISTER OF JAPAN NAOTO KAN To:               The Right Honorable Prime Minister Naoto KAN From:             Athinarayanan Sanjeevraja RE:               Japan Manufacturing Issues (Industrial Policy) Suggestions: Good Morning Prime Minister. I am writing to express that Japan should maintain sizeable manufacturing capacity. I don’t believe that Japanese manufacturing will ever disappear from Japan . Japan has an excellent workforce and business environment for the companies. Japanese manufactures deliver both quality and service. I fact I love Japanese appliances. BBC world reported that Japanese manufacturing is deteriorating. If I am not mistaken ship building, electronics/electrical and automobiles are the three pillars of Japan industry. Already s...

SUGGESTION TO THE RT. HON. CHRIS HUHNE MP (LD) To:               The Rt Hon Chris Huhne MP (LD) From:            Athinarayanan Sanjeevraja RE:               UK Energy Sector Reform (Industrial Policy) Suggestions: Good Morning Sir. When I turned into BBC world, it reported that UK energy sector reform. Sir, particular privatized, regulated, liberalized model for electricity and gas based on full retail competition is broken and is damaging to consumers and the economy. The European Commission’s energy arm recently conceded that 85% of EU electricity and gas supplies are provided by no more 12 companies. For instance just think of major national champions EDF & GDF/Suez from France , ENI & ENEL from Italy and RWE & EON from Germany . If I am not mistaken, UK has half of t...

SUGGESTION TO THE EUROPEAN PARLIAMENT PRESIDENT JERZY BUZEK To:               The Right Honorable European Parliament President From:             Athinarayanan Sanjeevraja RE:               EU policymakers misdiagnosed Greece Problems Suggestions: Good Morning Mr. President. There are few elements in the EU official line that have turned this into a full blown crisis. A year ago I wrote the European Commission President Mr. Barrosso, The Greece problem will go away if more debt is offered by the EU core to Greece at punitive rates. Now they are slowly facing the fact that Greece ’s problem is more profound. Most of the eminent economist predicted that Greece default and bondholders haircuts are now back in the frame. But I believe in EU, EU won’t allow Greece to default. T...

SUGGESTION TO THE EUROPEAN CENTRAL BANK PRESIDENT MR. TRICHET To:                         The Honorable European Central Bank President From:                      Athinarayanan Sanjeevraja RE:                         Interest Rate Hike Suggestions: Good Morning President. Financial Times, London reported that ECB like to hike the interest rate. The EU’s EMU has a number of big problems. The disparity of practice amongst mortgage lenders leading to radical differences in the effects of the ECB’s rate decision in different countries shows how premature EMU. Mr. President, without true economic union, monetary union causes further inequalities ...

SUGGESTION TO THE AMERICAN PRESIDENT OBAMA To:                The Right Honorable President Obama From;             Athinarayanan Sanjeevraja RE:                US Unemployment Issue Suggestions: Good Morning Mr. President. I have a high hope for you but you have been a disappointment to me because you have failed to make the case for more stimuli now until the lost jobs are recovered. As you knew that US economy is based on consumer spending. If you want to get back your economy on track you have to address the problem of 9.1% unemployment. US have 9.1% unemployment and unemployment payouts are not good stimulus. I would recommend you to not to implement deficit reduction measures until the lost jobs are recovered. You have recovered over two million jobs in the last 15...

SUGGESTION TO THE GREECE FINANCE MINISTER EVANGELOS VENIZELOS To:                The Right Honorable Finance Minister Evangelos Venizelos From:             Athinarayanan Sanjeevraja RE:                Greece Austerity Program Suggestions: Good Morning Finance Minister. When I wrote to you in the month of June, I recommended Greece must continue on the path of reform - a refurbished economic structure is essential to restore growth and competitiveness along with an austerity drive to restore the budget to primary surplus. Whenever deficit and debt of a country get out of control, fiscal consolidation must occur in order to stabilize the economy. This means that government should run a surplus. Fiscal consolidation is having a government that controls the country not o...