Newsgroups: soc.culture.bulgaria
Subject: RE: MILK PRISE
From: <ANTHC@CUNYVM.BITNET>
Date: Wednesday, 16 Dec 1992 18:43:03 EST
Organization: City University of New York/ University Computer Center

THE EXCHANGE RATE OF BULGARIAN NATIONAL BANK IS ...,  KEEP REPEATING

THE COMMUNISTS ON THE NET.  WHAT EXCHANGE RATE IS THIS?  WHO DETERMINED THE

WEIGHT OF THE BULGARIAN CURRENCY TOWARD THE MAIN CURRENCIES?

WHO YOU ARE FOOLING COMRADES?  THE ENTIRE WORLD KNOWS THAT THE BULGARIAN

COMMUNIST MONEY ARE FAKE MONEY.  THEY ARE NOT BACKED BY BULLIONS, STABLE

ECONOMY AND POLITICAL STABILITY.  THE SO CALLED "EXCHANGE RATE" IS INDEED THE

PRISE ON WHICH THE COMMUNISTS IN BULGARIA BUY CURRENCY, BUT THEY DO NOT SELL

THERE IS NO MONEY MARKET IN BULGARIA.

IF SOMEONE WANTS TO BUY WEST CURRENCY IN BULGARIA MEETS A BRICK WALL.

YOU MIGHT HAVE BILLIONS OF BULGARIAN LEVAS, BUT ALL WILL BE IN VAIN IF YOU

WANT TO EXCANGE THEM AND TO TAKE THE MONEY OUT.  ONLY THE COMMUNISTS ARE

ALLOWED TO TAKE CURRENCY OUT.

THIS IS THE PRIMARY REASON THE WESTERN INVESTORS DO NOT WANT TO INVEST IN

BULGARIA.  THE WESTERN INVESTORS WANT TO BE AT LIBERTY TO QUIT THEIR INVOLVMENT
AT ANY INSTANCE AND TO MOVE TO A BETTER MARKET IF SUCH ACCURS.
TO GIVE THE BULGARIAN ECONOMY A PUSH THE GOVERNMENT HAVE TO DO WITHOUT DELAY

THE FOLLOWING:

 1. TO EXCHANGE IMMEDIATELY THE PRINTED IN LENINGRAD (USSR) BILLS WITH NEW

    BILLS PRINTED IN COUNTRY WITH GOOD REPUTATION LIKE ENGLAND, FRANCE, GERMANY
    OR THE USA.  THE EXPENSE WILL BE ONLY $80 MILLIONS, BUT IT WILL GIVE

    CONFIDENCE TO THE POTENTIAL WESTERN INVESTORS THAT THE VOLUME OF THE

    MONEY OUT IS NOT FAKE.  THIS EXPENCE WILL BE PAID OFF INDIRECTLY BY

    ECONOMICAL GROUTH CAUSED BY NEW FOREIGN INVESTMENTS.  I READ EVEN

    SOMEWHERE THAT THE IMF AND THE IB ARE WILLING TO WAIVE THE EXPENCES

    OFF THE BULGARIAN DEBT.  UNTILL THE SOVIET PRINTED BILLS ARE IN CIRCULATION
    NO BODY WILL INVEST IN BULGARIA, BECAUSE THERE ARE DOUBT THAT THE VOLUME

    OF THE MONEY IN CIRCULATION IS 3 TIMES HIGHER THEN THE OFFICIAL NUMBERS.

    THE SOVIETS CAN AT ANY INSTANCE LAUNCH HUGE AMOUNTS OF BULGARIAN MONEY

    THAT THEY HAVE ON STACK OR CAN MANIFACTURE.

 2.  THE BULGARIAN GOVERNMENT TO GARANTEE THE FOREIGN INVESTMENTS AND TO

     WAVE THE TAXES OF THE MAJOR FOREIGN INVESTORS FOR AT LEAST 10 YEARS

     INCOM FOR THE STATE WILL COME FROM THE INCOM TAX ON THE PAY CHECKS.

     IT WILL BE NOT MUCH, BUT STILL IT IS BETTER THEN NOTHING NOW.  SOON

     THE COMPETITION WILL RAISE THE WAGES IN BULGARIA AND RISE OF THE VALUE OF

     THE NATIONAL CURRENCY WILL BEGIN TO PICK UP ON THE MONEY MARKETS.

     THE BULGARIANS (NOT ONLY COMMUNISTS) WILL BE ABLE TO SAVE AND INVEST.

     THE BULGARIANS THAT WORK FOR FOREIGN COMPANIES WILL LEARN SKILLS THAT

     WILL GIVE CHANCE  TO THE MOST TALENTED TO OPEN THEIR BUSINESSES AND EVEN

     COMPIT WITH THE FOREIGNERS ON THE NATIONAL MARKET, AND IN THE FUTURE ON

     THE INTERNATIONAL MARKETS.  THIS WILL RECREATE THE NATIONAL ELIT SLOTERED

     BY THE COMMUNISTS ON SEPTEMBER 9TH, 1944.  THE MOST CAPABLE AND TALENTED

     WILL BE AT THE TOP, NOT THE MOST OBIDIENT.


THE ABOVE PROPOSOLS I READ 2 YEARS AGO IN ECONOMIC MAGAZINE.  THE BULGARIAN

GOVERNMENT DIDN'T FOLLOW THE ADVICE, INSTEAD THEY CHOSE TO SQUEEZE WHAT THEY

CAN AND TO LEAVE THE COUNTRY.  TO FACILITATE THEIR EXODUS THEY EVEN CREATED

JES AIR, A COMPANY WITH ONE TASK ONLY TO MOVE THE BULGARIAN COMMUNISTS TO

THE USA AND CANADA ON BULGARIAN EXPENCE.  THE COMMUNISTS DIDN'T PAY TICKETS.

BULGARIA FUNDED JES AIR.  WHO SIGNED THE CREDITS FOR JES AIR?  MAY BE IT IS

NOT IMPORTANT.  THE IMPORTANT ISSUE IS THAT THE REMAINING HAVE TO PAY FOR THEIR

TICKETS.  THERE IS NOTHING LEFT IN BULGARIA TO BE SQEEZED NOW BUT THE

COMMUNISTS DISCOVER SOMETHING FROM WHICH THEY MIGHT SUCK SOME BLOOD IN THE

FUTURE.  DURING THE SUMMER OF 1992 ALL COMMUNIST ABROAD CAME BACK TO BULGARIA.

OF COURSE JES AIR PAYS, WHICH MEANS BULGARAIN TAX PAYERS.  THEY MADE A GOOD

VACANTION AND RECEIVE BACK 50 DEKARA LAND THAT THEY HAVE NEVER HAD.