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ECONOMY + FINANCIAL + ECONOMICS + SINGLE CURRENCY + FAIR TRADE + SINGLE ECONOMY
Economy * financial * economics * single currency * fair trade * single economy * world economists * overseas investment * competition * business news * one global economy
Watch the news at any time and the financial reporters will be telling you that a bank or company has just posted profits running into billions. Nothing wrong with this, businesses should be encouraged to make profits because success equals employment and taxes.
However, in the same news report another journalist will be reporting on a famine or other economic catastrophe in another country where even the most basic living conditions are not available. This is so wrong it goes against everything an decent human being should believe in.
ECONOMY
The world is split into three. Developed countries that have established economies, developing countries with emerging economies and third world countries that either have no economy to speak of or that have resources that are exploited by other nations, business or despots where no investment finds its way back into the economy. And the world sits back and does nothing because it suits their own economies.
The solutions are neither simple nor easy to implement as some self sacrifice on the part of nations and their peoples are required to ensure fair trade opportunities. However, the long term benefits would be beneficial to everyone.
Businesses need to find new markets in order to expand and thrive. They profit from selling into rich nations but cannot sell to poor countries for obvious reasons. It means that much of Africa and Asia are markets that cannot generate profits for most business.
ECONOMICS
The problem is so huge that most people wouldn't even attempt to solve it. All governments with an established or growing economy would be against it because of the financial implications for their own economies and employment figures in the short to medium term. However, failure to address the problem actually holds these countries back.
We have a fight on our hands. The solutions are not short term changes but a slow, gradual change for a
hundred year plan
to bring the world under one government with a single currency.
It would be a fool that attempted to make sweeping changes to the world's economic structure and a foolish act to try and attempt to make changes that would damage the very economies that enable business to prosper. However, small changes, implemented gradually, carefully planned and monitored over a long period could help poor countries enormously whilst doing little to damage strong economies.
COMPETITION
Countries currently compete for business on a worldwide scale meaning that there are always winners and losers. We would want to see greater cooperation between national economies to ensure prices were kept down and benefits were felt everywhere.
Poorer countries could be used to provide manpower and produce goods used by businesses in richer countries. This would create employment and open up markets for stronger economies to sell into.
SINGLE CURRENCY
We would want to see the USA and European economies unified under a single currency with a long term plan to absorb other countries not just when their economy was strong enough but when the USA and Europe were in a position to take the weight of that country on their shoulders and help it develop.
One economy with one currency with social benefits comparable to incomes and the cost of housing in each nation. Improving economies and raising living standards would reduce the need for economic migration and increase trade on a global scale.
FAIR TRADE
A single economy without embargoes would create a level playing field for countries to trade fairly. Taxes could be used to prop up or help develop struggling economies whilst opening up far greater markets.
HOUSING
Time to revisit the high rise apartment projects of the sixties. Many people argued that high rise apartments were not suitable for housing. The problem was never the type of accommodation but the quality of the people that were given these apartments. It doesn't matter what type of housing you provide this element of society, they will always turn them into slums.
Private developers are able to buy up these high rise council blocks and turn them into highly sort after apartments owned by professionals and business people. Council estates are built, then pulled down and replaced by what is considered to be better housing which is then occupied by the same low life elements that turned them back into slums.
These estates should be sold off to first time buyers, high rise apartment blocks built and sold as low cost housing to first time buyers and the elements in society who ravage these estates, re-housed in ringed estates where they can no longer lower the quality of life of decent hard working people.
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