Dear Lionnoisy,
To find out the causes for the current financial crises will take a
long time for it is too complex and too deeply entrenched within
the corridors of coporate and governmental powers. Many in the
world would be dead long before the causes can be determined.
We are facing an Extinction Level Event of a unpredecented scale of
the likes never seen before. Allow me to briefly explain.
There was once when i quit my job and live on my savings of $70,000
for one year to pursue my interests in the arts. I only spent on
basic and average necessities of clothing, lodging and meals, not
on frivilous expenditures. In one year's time, my savings of
$70,000 was gone.
The average life savings of a family of 3 or 4 after 10 years would
probably be estimated around $60,000, excluding CPF in the case of
Singaporeans. For retirerees, it would probably be an average of
$30,000.
Should everyone withdraw their savings from banks in panic, and
live frugally, how long would their savings last? Without money,
banks ceases to exist, or those that remained, would give low
interests and not even bother lending money. WIthout money, where
can there be capital to set up enterprises and create jobs?
WIthout jobs, how are humans going to survive?
Majority of mankind are now living in urban centres. When their
money runs out, they will be homeless, and attempts will be made to
move back to countrysides, which are owned and will only cause
trespassing, leading eventually to barbarism in order to survive.
The strongest will survive, which means in the end, only 1 person
will be left alive on our planet- the strongest. 99.9% of the human
race will be eventually wiped out. When the last mortal earthling
dies, mankind will be extinct.
Thus, we are, with brutual honesty, facing an extinction level
event before our eyes. I would have preferred a meteor strike, at
least death would be instantaneous and not long drawned in months
watching your loved ones and those you care about die like flies
around you if you yourself survive long enough.
But there is a way out to prevent mankind's extinction, and that is
to -KEEP MONEY CIRCULATING. There is no need for frivolous or
profligate spending. Just continue spending on items that meets
your needs normally, and seek investments with a smaller percentage
of savings, either with recapitalised banks or blue chip stocks. In
this way, every single cent on every dollar will eventually be
circulated within the global economy - jobs and wealth
creation.
Science fiction writers and movie producers often depict extinction
level events as caused by external events such as mythical aliens,
meteors, nature's biological and physical changes. In truth, we men
may be the ones who will eventually do ourselves in without even
external help.
The propensity for idiocy in mankind is as natural as
earth's regular platonic shifts. Havard colleges should be
closed immediately and its files be sized for investigation. The
rot and mess propably began at that elitist education centre of
business fools. Rest assured, that when investigations complete,
someone will be made to pay the price for almost annhilating
mankind
Fortunately, what men can destroy, so to can men rebuilt. If you,
my fellow reader, had considered my post, and send out emails
to 6 of your friends ( the world is only separated from you by only
6 persons) to continue spending and not hoard money, you will be
one those latter kind - the kind that will save and rebuilt the
world, not only for yourselves, but for your loved ones and those
you cared about as well. Never under-estimate the power of your own
click on mouse to send an email. It might just save the world.
Thanks for reading my post.
