Well, I can hardly believe it! Governments and the media are finally saying what we at AlterQuest wrote six years ago. The problem with the economy is due to corporate greed and a vast inequality in wages!!!
Wow! They finally get it!
The problem with the economic system we’re using on this planet is that it is grossly unequal. The rich get richer and the numbers of poor are increasing.
We’re still using money as the basis for life. If you have some, you can live. If you don’t have money, you struggle, stress and eventually fail to afford the basic necessities needed for survival.
No-one in authority seems to have the answers. They’re the ones who caused this problem – by colluding with those who sought to have all the wealth. Governments and corporations were in alliance. What one wanted, the other one gave (and vice versa). What was good for the population didn’t seem to matter.
Now the karmic law is coming into play. The corporate world with its greed and its lust for the riches of this world, is finally top heavy and is toppling. Governments, which condoned this greedy behaviour, are now left floundering when their corporate pals, who contribute very little in taxes and take no responsibility for the welfare of the people, suddenly become unstable. The whole economy has been designed around these corporate guys and when they fail, they take everything down with them.
So, what are the population of the world supposed to do now?
We know these corporate raiders have looted our planet’s resources and polluted our atmosphere and now the planet is failing to sustain us. You can’t suck the ‘blood’ out of the planet, which is a living entity, and expect it to thrive.
We know that as these guys fail, jobs go.
We know that there is no back up plan… at least none is forthcoming from our governments or other leaders.
So, what can we do?
AlterQuest has THE ANSWERS! We cannot stress this highly enough. We knew this downfall was coming and we sought solutions. If you care at all; if you want to survive these times; if you want to protect yourself, your family and live in a community which thrives when all around you is crumbling – then LISTEN to us! READ our book!
WE HAVE THE ANSWERS!
Right on AlterQuest!
As countries around the world scramble to shore up their economies by implementing severe austerity plans (in an effort to salvage what they have left of their financial houses), the global markets will continue their slide downward into no-man’s land, as if caught up in some type of melancholy or malaise.
Some say that we are headed into a recession or depression. I wholeheartedly disagree. What we are witnessing now is something newly created and born of corporate greed. It is a monster that we have never seen before and one in which we are ill-prepared to handle.
For example, during the Depression, the United States was able to withstand the financial storm because it had American businesses at the ready to hire American workers back at a moment’s notice. Knowing that, it was for most, a psychological security blanket: an underlying assurance that no matter how bad times got, jobs would always be there once the economy improved. Unfortunately, that’s not the case today. Many American businesses have carted their factories and jobs off to other countries in an effort to reduce their overhead and labor costs. Without these jobs to fall back upon, as in times past, there is no real way for America to financially recover from a recession or depression.
Some will balk at the assertion, claiming that the small ‘mom and pop’ stores will eventually see us through these hard financial times. But to them I ask, “Have you ever heard of Wal-Mart… With low, low prices, every day? How do you expect the common mom and pop stores to compete against such behemoths?” …Simply put, they can’t.
This situation is not just happening here in America, but around the globe. Corporations are playing it fast and loose with their allegiances on every front; with no care at all to the country or the people that fostered their growth or prosperity. (If it’s cheaper for them to move jobs to some foreign country that pays its workers only .50 an hour, trust me, they’ll do it.) Business is cold and uncaring. Business does not care who suffers, just as long as there is a profit for their shareholders during every quarter. Business should be regulated to prevent such financial catastrophes from happening in the future.
In closing, I understand that there are many other forces at work here that are contributing to the global economic crisis, but far beyond all others, corporate greed seems to be the thread that ties them together.
Expect the Dow to continue on its downward slide.