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SUGGESTION TO THE MS LAGARDS IMF MANAGING DIRECTOR 2011

SUGGESTION TO THE MS LAGARDS IMF MANAGING DIRECTOR

To:               Esteemed Managing Director of International Monetary Fund

From:            Athinarayanan Sanjeevraja

RE:               Global Economy

Suggestions.

Good Morning Ms Lagards. I am writing to express that western economy that all monetarily sovereignty nations turned into the consumer of the world. In the last ten years, most sovereignty nations turned into the consumer of the world. In the last ten years, most sovereignty nations carried substantial deficits. They are way too much to repay through trades and transactions. The continuing formula in the conversion of non-sovereignty nations like SDR or throw weight in outdated. In making the imbalance of payments through the process, deficits became a crisis and a threat to the world and global economy and if polarized the inflationary emerging market nations and deflationary developed nations.

I hope that you would rethink the balance of payments to escape the further deterioration of the global economy and regroup on the classes on the developed and emerging markets nation. At the same time IMF must apply the price and value like the half full and half empty to evaluate the currencies for the plausible repayment at the strength of the currencies and economies and it is no longer by choice like the past that Euro-Dollar rules. Even though it rules singled –handedly but trade must be reckoned with the multilaterally. Otherwise the trade war or protectionism would make the global recovery slower or even more financial crisis.

I would recommend zones to balance the strength of the continents and multi currencies to diversify the concentrated utilities on the commodities and resources. I just hope another system will work if you can apply fairly on the price and value in weighting strength of all currencies.

Thank you very much for your kind attention to this issue Ms. Laggards.

Sincerely,

Athinarayanan Sanjeevraja.    

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