Posts tonen met het label economy crisis future. Alle posts tonen
Posts tonen met het label economy crisis future. Alle posts tonen

dinsdag 10 januari 2012

Economy

Sitting here, studying economy and one thought just keeps flashing through my head: why do we have an economy?

When the economy grows, our 'wealth' grows. We get more income and are able to buy more stuff, or at least, that's the thought behind it. Then again, when incomes grow and people want to buy more, the prices of items increase as well. So more goods have to be produced.

So here we are, with an ever growing population. The economy NEEDS to grow in order to provide enough jobs for all these people, who in turn earn money and thus buy items themselves. And so it goes on and on and on. This has to go wrong sometime. And it did.

Now, what I just said isn't the reason of our economic crisis, but it did go wrong with the economy. And look at what happened. People live in poverty, are forced out of their houses, lose everything they have and even get into debs they'll never be able to pay off. And yet there's people that make profit out of this.

Isn't the whole concept of having an economy just insane? Or is that just me.

The USA, for instance, has an ever growing debt. It's currently at 15.217.000.000.000~ and increases with nearly $ 10.000 every SECOND. When will that end? And when it ends, what will happen to our "economy"? Will money cease to exist? When that happens, what becomes of our society? Will humanity still be able to expand their wealth? Do people even realise that countries like the USA dont even have ANY money at all? While they still continue their wars and still build stuff, spend money on oil etc etc?

The question is not if, but when this will become a disaster.

When it does, and this is just what I think will happen, humanity will be in turmoil. How do we obtain goods when we can't buy them? Do we trade? Do we steal? Massive plunder is most likely going to occur, which will in turn cause global crime. But who knows, maybe the economy will just be reset. Dividing money equally over countries. Giving nations in Africa a chance too.

After all, money is nothing more then a number in our computers these days.