It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

What is the *real* reason for the global economic crisis?

page: 1
4
<<   2 >>

log in

join
share:

posted on Jan, 5 2012 @ 03:12 AM
link   
People are poor, people are in debt.

Why are people poor and in debt? Because of lay-offs and lower wages, lack of insurance etc.

Why are companies laying off people and pay less money?

Because companies need to save money to cut costs, to adapt to a market of poor people with reduced spending power.

Etc..etc...so the dog bites itself in the tail.

But what is the REAL cause of a global economic crisis? I am aware that this term "global crisis" has gotten old, but i think there is no denying that such is going on.

In my opinion, this crisis is also NOT something which just happened...or just the last decade. This crisis (at least as it concern the Western countries)...it's going on AT LEAST since the 70s..and of course steadily becoming bigger.

So..what is the REASON?

Money doesn't lose its worth from one day to the other - people and companies don't become poor on a global level without a reason?!

So...let's brainstorm and give some good answers what the real, actual reason(s) are WHY there is a global economic crisis with people getting poor all over the globe. Note that i am simply throwing my guesses in there, you are welcome to comment and correct me...

* Increased energy prizes (OIL!!) in my opinion the best candidate. Unrest and wars in the middle-east...increased energy costs ----> increased cost of manufacturing, transport etc..

* Related, war in those zones (middle-east)...not only contributing to higher costs of energy, but also increased spending on military

* Related: Reliance on Oil (AGAIN)...lack of research & development for/into alternative energies

I read some other threads eg. with people "explaining" and giving wild theories like "the bankers" and the banks and their greed (which TO A CERTAIN EXTENT might be right) - but mind you, people are not getting dependent on banks without a reason. If everyone would be well off, we would not depend on banks, debt and loans. So...banks can only be a secondary reason by taking advantage of a crisis - but not the CAUSE of it.

What's your idea - what is the REAL reason of our economic crisis?




posted on Jan, 5 2012 @ 03:24 AM
link   
It's because the actual fiat money supply is over half in the hands of the owners. The paper money is fiat money. We've reached a breaking point in the monopoly game where one person has all the monopoly money. Think about the game. Once you have all the money, and all the properties it's only a matter of time before you win.

Welcome to being awake, it sucks.



posted on Jan, 5 2012 @ 03:28 AM
link   
Increasing credit needed to meet increasing production and consumption of goods to ensure continuous economic growth and to meet the material dreams of around 80 pct of the world's population that are not part of the middle class.

As more experience higher costs of living due to the same lifestyle, they move from manufacturing and agriculture to service, especially finance, where more money can be made. Soon, financial speculation increases while manufacturing is outsourced to other countries where the same goals are desired.

The result from increasing speculation is the current global economic crisis. The result of increasing production and consumption goods is the current peak of global oil production. Coupled with that are the long-term effects of climate change and environmental damage caused by increasing production and consumption of goods. These other problems contribute to a resource crunch.

Thus, we have a combination of a credit and a resource crunch. From there, we should expect combinations of currency and trade wars coupled with resource wars.



posted on Jan, 5 2012 @ 03:34 AM
link   
Fiat money makes up only around three percent of total money supply worldwide. The largest component of total money supply is unregulated derivatives: between $600 trillion and over a quadrillion dollars.

The ones who hold the most money in any form and who essentially control the global economy are private corporations, not governments, with private banks at top.



posted on Jan, 5 2012 @ 03:40 AM
link   
In America it mainly has to do with the housing cost increase in the last 15 years without the benefit of a wage increase.

I wrote a paper for the Economist a few years ago about this:

Housing prices have increased by over 40% since 1996, and we still have the same wages being made. Historically housing prices have followed the wages being made relatively closely. This was the first time that a single-sided increase had happened since the 70's.

When housing prices increase like that, it makes every other sector suffer because, well... people need a place to live. If your disposable income has been cut in half, you usually pay your mortgage before you buy a Lexus.

Prices were being driven sky-high by easy-to-get loans...

You want to see the economy rebound? Wait until the housing prices equal back out to the median income being made. Then the 70% of us regular people might be able to afford going back out to patronize our favorite restaurant.



posted on Jan, 5 2012 @ 05:03 AM
link   
It is a controlled collapse. A transfer of wealth from the middle class to the elite. There is still a massive demand for resources, that is never going away, but the money is being diverted to the green movement. People are being forced to suffer, this creates disharmony and uprising, this in turn gives governments power to take away more rights.
There is an end goal to all this and I don't believe it is supposed to be great for the majority of the worlds population.



posted on Jan, 5 2012 @ 05:15 AM
link   
the hidden cause is the power and latitude the Corporations have gained at the expense of the common-good and the useless eaters the executive class deems the general population

Corporatism...as sinister as all the other isms because they incorporate degrees of socialism/communism/fascism and predatory & vulture capitalism in their playbooks and business models



posted on Jan, 5 2012 @ 05:20 AM
link   
reply to post by YouAreLiedTo
 


and of course.....
gov't poliicies that ensured that those who were playing with the derivatives as well as other investments kept more and more of their money!!!

that is only one aspect of the multifaceted gem, but I found a neat article I am looking for a home for...

money.cnn.com...

I think the real problem is the crazy way the gov't throws it's money around, and well, it has too much money to throw around.

the bush tax cuts was a nice gift to those in wall street....
when the gov't, either state or local, gives money (or tax breaks) to some company to build a hotel not caring if the area it wants to build it is already saturated with hotels, well, the preexisting hotels that aren't enjoying that tax break are at a disadvantage. they lose customers to the newer, nicer hotel, and end up laying off their people!! and you can use whatever industry you want, when the gov't gives extra perks to one company that their competitors aren't getting, well, those competitors are at a disadvantage..
or, what is even better, when the gov't decides to give tax breaks to a company producing apple juice that is in an area full of apple orchards, as an encouragement to import part of their product from around the world, well, those apple orchards are at a disadvantage....

and of course every four to eight years, the power in washington changes hands, along with the companies that are favored or disfavored, and well......it's feast or famine!!!



posted on Jan, 5 2012 @ 05:33 AM
link   
reply to post by flexy123
 


I think there is a money drain going on for several years now. The switch to euro was one of the most brutal money disappearing acts ever performed which made a lot of money for .....something.

I believe in chemtrails and because I do I also believe that a lot of governments in the world act on a mutual agenda...which they keep from the common people. I have not researched it but it will not surprise me if chemtrails appear in the same countries which have a national crisis.....and some.

What do they need that money for....

To finance the chemtrail project....

Here it gets crazy.....to built deep underground bases, spaceships...or simply...we are getting...officially...robbed.



posted on Jan, 5 2012 @ 05:40 AM
link   
It's fairly simple- we have an economic model based on infinite growth on a planet with finite resources. With a massively increasing population the standard of living is bound to go down for the majority of Earth's inhabitants.



posted on Jan, 5 2012 @ 08:50 AM
link   
Obviously none of you have a basic grasp of how the swindle is being perpetrated.

How is everyone in the world suddenly broke? Did all the factories, workers, and resources just dry up and blow away? Nope.

There is still all the same STUFF as there ever was. The whole "boom and bust" cycle is a scam.

Think of it this way: How is EVERY country in the world now "in debt" beyond what is mathematically possible? Somehow EVERYONE is in debt. Who are the creditors? And how did they get the right to "own" everything, while everyone else "owes" them for it? The outstanding derivatives overhang is on the order of 600 TRILLION dollars, more than the value of EVERYTHING IN THE WORLD. How is it that we all "owe" all this money that can't even exist?

When you look at it the right way, it is simple and glaringly obvious. Did you all become lazy over the past thirty years, and produce less? NO. Production is way up on everything, and profits for big corporations are at all time highs. Each US worker is producing far more than even ten years ago. So how is everyone broke?

There are plenty of resources in the world for everyone to live like a "millionaire". Banks that were "too big to fail" (what does that mean anyway?) received 7.7 TRILLION dollars. That works out to about twenty five grand for every man, woman and child in the US. How would you like it if your family of four received a hundred grand last year so you wouldn't go broke? Since the people are the engine that drives everything else, YOU are the ones that are "too big to fail"..

This stuff was all pointed out and argued over at great length by the "founding fathers". They predicted all this happening if allowed. The US was founded on principles meant to prevent this from happening. But it has slowly been suborned into the system we have today.



posted on Jan, 5 2012 @ 08:52 AM
link   

Originally posted by Count Chocula
It's fairly simple- we have an economic model based on infinite growth on a planet with finite resources. With a massively increasing population the standard of living is bound to go down for the majority of Earth's inhabitants.



The model is based on infinite "growth" for the PROFITS of those at the top, and screw everyone else. There is NO shortage of ANYTHING. All the people in the world, at ten square feet per, could fit into the city of Jacksonville. If everyone got four acres of land, they would still all fit in Texas. Overpopulation is a lie.



posted on Jan, 5 2012 @ 08:57 AM
link   
You have to think in terms of the Hegelian dialect: Problem, Reaction, Solution. A global economic crisis will result in entitlements to citizens being shrunk which will cause a reaction (ie, arab spring, ows, etc) that will set the stage for the "solution" which the global technocrats are preparing.



posted on Jan, 5 2012 @ 12:07 PM
link   
You know when America was created the Federal Government gave land away for free to people to live on and make something of themselves on. This practice continued on upon until recently.


The Americans who were passed on this free land are all living like KINGS right now.

While the immigrants who came to America and never got the free land are wishing they never left their home country.

America ceased being prosperous when people didn't have a home....so they could go out and do something productive....get fruits for their labor.



posted on Jan, 7 2012 @ 11:58 AM
link   
reply to post by CaptChaos
 


The other day I watched a docu about the banking system that is forced upon everybody in the world by a few greedy bankers and politicians.

The whole banking system thrives on the assumption that the citizens can trust their government and that the gov. will make the right decisions when it comes to what is best for the people.

Unfortunately the situation of most countries in the world shows that this is a terrible assumption and turned out to be a mistake made by the people.

It should be normal to trust your own government but when it comes to wealth, riches, power and what not, certain PEOPLE are not to be trusted. The power over the financial dealings of a country should be carefully secured and devided over credible experts from different political parties.

How the USA lost the federal reserve to a private corperation should never have been possible. The theory behind the current financial system will work fine if there is no abuse...and that is where it went wrong....certain people who control the money and some of their customers became too greedy.

I really hope that the US citizens and people from other nations will make sure that this will never happen again when this financial hurricane is over. And most important... will sanction the people responsible.



posted on Jan, 7 2012 @ 02:36 PM
link   
what is ironic is , the people crying the loudest are the people that bought into the greed of Home RE-FI and over extended themselves ,,,this goes from the Gov. institutions down to the home owners. and everybody in between. Living the Dream they used to say....now its living in a van......this junk is here to stay and will be a doom all its own
edit on 7-1-2012 by rebellender because: spelling



posted on Feb, 15 2012 @ 10:45 AM
link   
reply to post by YouAreLiedTo
 


But there's also consumer spending dependent on home values.



posted on Feb, 15 2012 @ 10:46 AM
link   
reply to post by CaptChaos
 


But much of that money has no value! If any, that's actually part of the swindle.



posted on Feb, 15 2012 @ 10:48 AM
link   

Originally posted by CaptChaos


The model is based on infinite "growth" for the PROFITS of those at the top, and screw everyone else. There is NO shortage of ANYTHING. All the people in the world, at ten square feet per, could fit into the city of Jacksonville. If everyone got four acres of land, they would still all fit in Texas. Overpopulation is a lie.


That argument is wrong. The issue isn't space but arable land, and not just arable land but various resources, from oil to water to various minerals. And not just various resources but the energy needed to access them.

Given that, the lie isn't overpopulation but fantasies about unlimited growth in a world with limited resources.



posted on Feb, 15 2012 @ 10:50 AM
link   

Originally posted by Pervius
You know when America was created the Federal Government gave land away for free to people to live on and make something of themselves on. This practice continued on upon until recently.


The Americans who were passed on this free land are all living like KINGS right now.

While the immigrants who came to America and never got the free land are wishing they never left their home country.

America ceased being prosperous when people didn't have a home....so they could go out and do something productive....get fruits for their labor.


From what I know, land in the U.S. is not free, and more U.S. citizens moved to service industries during the past three decades.



new topics

top topics



 
4
<<   2 >>

log in

join