Wednesday, November 12, 2008

The Absurd Financial System

The absurd World Financial system is killing every human on earth either slowly or quickly!

Whether the price of anything is too high or too low or too high one day and too low the next it cannot possibly work.

Let's take oil for example. When oil goes to 150 dollars a barrel no one can afford it and so they don't buy it. When enough people don't buy it, the price collapses. Then the oil producers especially OPEC panic when it's low and stop producing to artificially raise the price. The price still plummets because no one is buying or it stays high and no one buys.

Food goes high and farmers worldwide might make money but then food plummets because of decreased demand because no one can afford it and millions starve to death.

Businesses like Mervyn's and Circuit City and restaurant chains are going bankrupt along with airlines because of all the craziness.

subprime loans caused homeowners to lose so much value that homeowners walked out of their loans by the millions. Now the whole world economic system is collapsing because of the mistakes of a few lenders stupid crazy policies.

The present world financial system is right now starving to death millions. The world either designs a new financial system quickly or risks a social and potentially bloody catastrophe the likes of which have never before been seen in human history!!!

No comments: