| numonex said: The world's richest individuals hide their wealth and have accumulated through out history more than half the world's wealth. Rich elites are masters at evading tax and are above the law.. 1% of the world rules over the other 99%. The top 1% (Monopolistic large company owners) hold more than 50% of the world's wealth and the remaining 99% have to live off bread crumbs. Typical Feudal system of ancient history still exists in the modern world. 2 billion people in developing nations live off $1 per day. Multinational companies are relocating to cheaper labour markets. Huge job losses in the US and Europe and the jobs are not coming back. Recessions result in huge job losses and the economy never recovers to its position before the recession. Male unemployment rates tends to increase after a recession period and never fully recovers. Globalist scum are buying up national public assets around the world and increasing their Monopolistic power and control. Public assets are being sold to rich private elites for discount rates. Privatisation of government assets is theft. Privatisation of utilities has resulted in sky rocketing prices. CFR, Bilderbergers, Club of Rome and the UN. Financial meltdown in Europe and America was a deliberate plan by the elites. Privately owned International bankers stopped the flow of credit/money and the financial market collapsed. Housing and share market have both de-valuated in the US and Europe. |
First off, do you believe the propaganda you spout?
There are many problems with the large corporate structure that much of the economy is based on today (they tend to be too short sighted for example) but they're certainly the most egalitarian structuring of production we have come up with so far. The owners of large corporations are every investor, through pensions, mutual funds and stocks; and anyone can benefit along with these companies by making "sacrifices" today to invest in these companies to benefit tomorrow.
On top of this, in many ways corporations are much better stewards than governments are. The BP oil spill was a disaster and BP deserves to be shamed for such a disgrace, but consider the Sudan and Nigeria where governments run oil companies and they're doing much more damage to the environment than BP did; and there is no effort to prevent further damage or clean up the damage that has already been done. During communist reign in the USSR and in China today there is far less concern about environmental issues than there was in western capitalist countries even though the "government" managed the means of production.
Beyond that, there is no master group of elites that are planning economic downturns ...
The reality is that the (Ivy League) elites are far less educated and intelligent than most people would believe, and they have a far worse understanding of how the real world operates than any of us would assume. While it is not true of all of them, many of these individuals judge people based entirely on the "Status" they display rather than on meaningful characteristics; and therefore an individual who came from the correct university is more worthy of being hired than someone who has the correct understanding of the economy.
When you have large hedge funds (or investment portfolios) being managed by inexperienced 24 year olds because they came from the right family, went to the right university, and know the right people (read: Chelsea Clinton) you're going to have a financial system which is unstable because these naive morons can easily be manipulated.
Basically, stop looking for conspiracy theories for things that can easily be explained by stupidity.
