Sometimes things go on, and people don't even notice. Maybe it's because, there are so many things going on around them, that it becomes very hard to discern what is the most important thing to concentrate on. The things that are happening lately, have made this person and I am sure many others, think that there is a unilateral shift happening in the world today, which may very well be so different than we are used to seeing, that we may be going through a major era of change, without even realizing what the change will be.
The loss of income by so many is prominent, but there is a larger picture developing. The markets around the world are trying to regain their footing, some markets are shuting down, Iceland, Russia and Indonesia for instance. Governments and agencies, around the country and the world, Central Banks, Finance Ministers, Presidents, Chancellors and Prime Ministers, are all involved in putting forth ideas and plans to seek to solve the mounting problems, that we all are facing. Pension funds in the United States have lost, two trillion dollars in the past fifteen months or so, this has affected
retirement savings and future living expenses of people, who are not in the position to wait,to regain that wealth, hopefully the market will regain the lost value, and hopefully those involved will be able to hang on until the turn around happens. But there is a greater
question, and it involves the system itself, there really needs to
be a better way to run countries, without the dependence on a gamble
with funds, where the belief that things will continue to be positive and bring sustainable rewards, to those who gamble in a legal way.
The thinking needs to be reversed and the fundamental changes need to be determined, and put into place, so that the futures of many businesses and people are not jeopardized by the imposition of decisions which are not based on sound thinking and without asking the question, what if? Calling all great thinking minds, we need innovation, now more than ever.
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Sounds of a Slow Falling Tree
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I totally agree with your post. We do need a new system.
Unfortunately something like 1% own the wealth, and until such time as the 'greedy' have some miraculous paradigm shift in their thinking then I do not see any other system working.
Recent events in the economy came as no surprise, and although I have no way of pointing an accurate finger, I suspect much of it is designed. It may well be that at least in the UK and other european countries such contrivance is aimed at creating an European banking system for us all.
Nice post of yours
| mornin77 [Member] 2008-10-09 @ 17:14 |
...Hi there, Thanks for reading, appreciating and commenting.
It's nice to know, that somebody out there is a thinker
), not that there aren't a lot of thinkers, but it's what they think about. Although you do need a break from reality, every now and then. Would you do me a favor, when you have time and expain, if you would let me know how, the European banking system works? Thank you in advance, by the way from our first
cross correspondence, I like your style, if you would like to be friends, I would, I have just forgotten how to implement it, so if you are agreeable, I place the ball in your court. Take care.
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2008-10-09 @ 16:02