I have a problem that beat me up every day. I'm really stressed about it. What do you tink about World's Financial Crisis? Why is this happening and who's falut for it? What we must do, i mean if we must conserve our money, or in what is good to invest now? How will be the prices... for land's, car's, apartament's. Which part of people on the globe will be most affected? And how do you tink this will be end?
Any suggestion pls or maybe answer will help me.
Nutshell
Jan 16 2009, 09:08 PM
QUOTE (Bekali @ Jan 14 2009, 02:14 PM)
I have a problem that beat me up every day. I'm really stressed about it. What do you tink about World's Financial Crisis? Why is this happening and who's falut for it? What we must do, i mean if we must conserve our money, or in what is good to invest now? How will be the prices... for land's, car's, apartament's. Which part of people on the globe will be most affected? And how do you tink this will be end?
Any suggestion pls or maybe answer will help me.
It is happening because we are addicted to debt, and the money is gone now. Live within your means. Life is just as rewarding without too much money, as long as we have food, shelter and security we should have nothing to worry about. Life lived with only these basics leads to far more creativity from people which in turn leads to new innovation and the cycles restarts. We became lazy and took the material possession which rots away and is road to nowhere. People achieved nothing except to buy too many tv and shoes. No real contribution to what is important and is not a lasting investment in society, culture and the economy.
I look forward to it, always better art, better music, stronger friendship & family when we behave as a tribe trying to survive rather than individiuals trying to show off with plasma or pretty lumps of soon to rust steel called cars.
apu_ri81
Jan 16 2009, 11:17 PM
Gold is a solid investment instrument. But one of my friend who has experience in financial consulting suggest to keep cash money and not to invest during this crisis, he said that this crisis could get worse. No doubt that US is the most affected country.
dannyson1
Jan 17 2009, 10:39 AM
The crisis is happening because our entire economy is based on debt & credit.
Wealthyfather
Jan 31 2009, 11:50 PM
From what I think Crisis is just an economic cycle, as you all know economic cycle is not in straight line, but it's fluctuates. May be right now we're in the bottom of the chart, but if we survive we can see the light at the end of the tunnel. That's just an expression guys, don't feel very down because of the economy, but we strive to beat the crisis
cashgiftingcabbie
Mar 6 2009, 02:27 AM
With his destructive Socialist spending programs, President Obama is throwing fuel on the flame. I'm just happy I'm involved with a recession proof opportunity. For the rest of the country and most of the world I would recommend putting on your seatbelts because for the next four years it's going to be a bumpy ride.
Chuck
MadgeClark
Apr 3 2009, 01:47 PM
Because the United States is the biggest economy, and now built on debt and leverage of government and individuals, The lack of liquidity in the credit markets have basically stopped and in time will hold our economy. We have borrowed hundreds of billions of dollars from abroad so what happens here has a direct impact on the world.
Piper30
Apr 6 2009, 05:48 AM
With all the discussion about economic crisis, we need to look for new sources on how to multiply our savings and expand our means. Arbitrage investment would be a good idea since it would guarantee increase by profiting from the price differential.
junior17
Apr 8 2009, 09:00 AM
A take I read regarding the agenda at the G20: Come crunch time, countries will put their own citizens first. And if this means abandoning free trade to mere lip service, that’s what will happen, says the Stock Research Portal: “I think it naïve to think otherwise.” Any thoughts?
francessca
May 23 2009, 12:35 AM
The monetary systems are just the most evident material connections between us, and as such they are the first to break, warning a problem that is deeper.
realist
May 23 2009, 11:35 PM
I don`t really think any politician has guaranteed solutions to this economic crisis. Much of it is going to be down to trial and error I reckon. What I think about are the problems being stored up for the future. In the UK the government is spending billions of pounds on bailouts. Eventually it`s all going to have to be paid for through us taxpayers.
realist
May 25 2009, 08:01 AM
QUOTE (foodpyramidguru @ May 25 2009, 04:06 PM)
Financial crisis. <>>> G.Bush <<>> War <<>> money.
The cause of this crisis is very simple. Bank managers and other financial companies' directors gave themselves salaries and bonuses which were a lot more that their actual profit. So when they stole enough money from the small shareholders they went bankrupt. And so bankrupt that they still livinging in a $$$$$ house, drive a $$$$$ car, have their jets etc. And we can't do anything. The governments should control their salaries and bonuses, but they don't want to. I guess it's because they get also a piece of the cake. Their's not much we can do, like with our superanuation, they steal it no matter what, meaning investing our money wherever they want, and if it's profitable, everybody is happy, if not, well...it's not the superfund who will lose. If it's profit it's theirs, if it's a loss it's ours.
realist
Jun 1 2009, 06:51 AM
QUOTE (vivi2000 @ Jun 1 2009, 07:00 AM)
The cause of this crisis is very simple. Bank managers and other financial companies' directors gave themselves salaries and bonuses which were a lot more that their actual profit. So when they stole enough money from the small shareholders they went bankrupt. And so bankrupt that they still livinging in a $$$$$ house, drive a $$$$$ car, have their jets etc. And we can't do anything. The governments should control their salaries and bonuses, but they don't want to. I guess it's because they get also a piece of the cake. Their's not much we can do, like with our superanuation, they steal it no matter what, meaning investing our money wherever they want, and if it's profitable, everybody is happy, if not, well...it's not the superfund who will lose. If it's profit it's theirs, if it's a loss it's ours.
Bit like the car giants, governments will never allow them to go completely out of business. Too much riding on it.
geekgoddess
Jun 18 2009, 02:50 PM
If you feel like the global financial crisis will truly affect your business and of course, spending power, then you can simply get out of the system and live according to your basic needs.
the world is so obsessed with money. If you let yourself be eaten by that obsession then you will sure suffer from the crisis.
here. assess your goals, your needs and how much do you exactly need. allot the money for spending and keep the rest underground. then invest on your natural skills and not on your monetary funds for capital. that way you can get income not from your present source but from a new string of gigs that you applied for without spending the cash you have. now that's a way to survive.
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