Human society is now suffering from growing fear. and this despite the surprising technical results. The main causes are financial problems. This multiplied rapidly and destroyed the people with anxiety, tension and darkness.
The tone and content of the latest statements from economists, consumer advocates and political, economic and business leaders are alarming. Some even fear a total economic collapse in the West.
But why has the economic situation become so worrying? What can you do to find security in this dark economy?
The inflation balance
Inflation, which refers to a general increase in prices when people's purchasing power exceeds the supply of available goods, is the basis for economic sorrow in Western countries. For a while, this can increase the economy and create more jobs. But sometimes serious problems arise. Why?
There are many factors involved. One of the main reasons, however, is that many people's purchasing power is based on borrowed money. The day will come when people will realize that they are deeply in debt. High interest rates and a devalued currency can make loans more dubious. They suspended their purchases. A reduced demand for many raw materials means that the industry limits its production, which can lead to massive unemployment.
This is the situation where many countries are today. In terms of economic conditions, news sources in the United States, Canada, Germany, the United Kingdom and South America use terms such as "inflation disaster" and "general obscurity". "
Recently, the automotive industry has been hit particularly hard in the United States. A sustained decline in sales has resulted in massive layoffs and has held back hundreds of thousands of car workers. Unemployment in the United States at that time was about 7,500,000 people, or 8.2% of the total workforce. "Scary" and "unsurpassed" have been described by some of the sudden and rapid recession.
Inflation spreads through the structure of society as a malignant growth. It threatens international trade, currencies, wages and stable price levels, savings, investment, individual, economic and national creditworthiness, social security and a variety of government programs for those in need, such as cheap school meals and coupons. food for the poor.
Why did the solutions proposed by the experts not disappear? This is because inflation is only a symptom of a more fundamental cause of economic problems. What's that?
What causes inflation?
In an article entitled "Inflation and Deflation", written for the World Book Encyclopedia, economics professor Kenneth E. Boulding explains that people with money to spend "are looking for stores and businesses looking for opportunities to buy them that they have always wanted." . If the industry does not produce enough of these desired items (as in wartime), commodity prices will inevitably rise as people compete with each other over others due to the limited supply available. Inflation arises from people's desire to accumulate too material things. And many of these things are luxuries with little or no practical value.
Often this desire for material things is so overwhelming that people are deeply in debt. A "live now, receive now, pay later" attitude makes them buy on credit and live beyond their means. An article on credit counseling from the Los Angeles Herald-Examiner reported that government debt for families and singles in the United States had reached a "record $ 820 billion." The article adds that Los Angeles residents "are in a hurry to get new loans, some of which are sinking deeper into the hole."
Of course, most people are unlikely to reduce their desire for material goods. But you do not have to imitate your selfish journey. A balanced view of material things can help you find security in an environment of increasing economic pressure.
A balanced view of material things.
This does not mean that goods are inherently bad or that there is a problem with living comfortably. What should be avoided is "desire," which means to be "highly coveted" by material things.
This will help to balance thinking about how reliable surface material goods can be. Many people haven't put "a little" in a savings account for several years, only to find that rising prices and inflated and devalued money have reduced what little they have? If you live on a stable income, the disappointment of depending on the value of money seems too great.
But what if you have a good job and your salary keeps rising to keep up with the rising prices? Again, it is necessary to maintain the balance. For example, have you ever thought about how quickly things can change? People everywhere are worried about their jobs. And they should. Both because workplace safety is by no means rigid and because a little thought can now be worth it. Being absent from work today is bad enough. It's even worse to be completely surprised.
This is indeed a critical problem. Low sales volumes and severe bottlenecks force thousands of businesses to close their doors every year. A director of an international management consulting firm said: “At times like this, a lot of people keep their heads in the sand feeling like this just can't happen to me, and this is especially so. true for the people who are part of it. Organization for years. “When one of the Chrysler factories in Detroit was threatened with permanent closure, an employee exclaimed, 'I'm afraid. I have six children and have just bought a new car. What should I do if I lose my job? ""
The properties also appear to offer little security. Landlords suffer from high taxes, high maintenance costs, vandalism, and the inability of tenants to pay their rent.
To seek the safety of material goods, it is necessary to lean on a broken rod which offers no support.