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What can we do? Community level

Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power, Peter Schiff.

The economy is a mess. Bubbles are everywhere, including stocks, bonds, and housing. Quantitative easing cannot last forever. An ever-increasing amount of debt and liabilities that we cannot meet. This Ponzi scheme is like the game of chairs, the music will eventually stop playing and it won’t be pretty.

Financial markets, mass media, and policy makers are driving the world towards another Great Depression with incalculable political and social consequences. There are measures that you can take to minimize your risk at a personal level and actions that we should take at a community level.

At the community level, we must consider the following:

The economic system is based on greed. Even when corporations are making a profit they still cut staff (outsourcing, cloud services, automation, etc.) without giving it a second thought. These people become unemployed or get part-time and precarious jobs that do not allow them to consume as many goods and services as they used to. As a consequence, the same big corporations and companies also lose money in the long run and can even go out of business because the middle class has lost its purchasing power. Unsustainable growth and greed are a global threat. We need to change the way we live, the way we think about work, growth, etc. The world has enough for everyone's need, but not enough for everyone's greed, Mahatma Gandhi

The world has enough for everyone's need, but not enough for everyone's greed, Mahatma Gandhi

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