The World Economies, Fail!

By Blurryface | Mining the etherium | 18 Apr 2020


As I get older I begin to realize the idea of money is fundamentally flawed.. I say this in the wake of the covid crisis. I'll explain:

You ever feel as though every economy on the planet is based around a giant ponsie scheme.. think about it.

Britain for example covered this like a champ.. giving their citizens a blank check. America on the other hand gave stimulus checks. Not as smart. 

So how then is this a ponsie scheme? 

The middle class in America has to be bailed out of debt yet stimulus only covered 1.8 million small businesses. (pbs) The middle class is currently in question because small business owners have to pay rent employees and supplies their business yet stimulus money ran out. 

My point: the businesses pay rent to their lease, the land holders to the banks, the banks to the govt. What happens when all default, who's accountable then? Sounds like a ponder scheme to me; Because one borrows to the other and that person does all the work in the first place. And the rich fat cats sit and say raise their rent. All the while with covid going on they all cant pay their Bill's. This is where everyone globally has there thumbs stuck so far up there asses. 

Then another thing struck a nerve. They want to bail out American hospitals. I get it they are heros. The hospitals should be able to bail themselves out. Charge 30,000 for a MRI and tell me you cant pay your Bill's. I know it doesnt cost 30,000 dollars to flip a switch yet insurance will pay for it.. sounds like another ponsie scheme that got caught in the crossfire.

Then theres govt itself. People do the work, go to school, raise families: They work there entire lives to pass money to loved ones in Hope's generationally they are in a better place. Taxed entire life sometimes without representation. They go to school so 20 years down the line they have more debt they started out with. They raise families so they can blindly do the bidding of individuals, who have little to no skill, better yet they have no more worth. Globally.

A average person with little education knows the best thing to do would have been to drop the price on everything globally so people didnt have to extend themselves. This idea of a 300 dollar t.v. could easily have been cost to make plus a dollar profit.

The world economy is headed for a recession. Yet no person will benefit besides those who are already in power. Financially physically, mentally, this should have touched every single person on the planet by now. Who hasn't and why?

 

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Blurryface
Blurryface

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