Global Financial Crises: Capitalism is going down

[unsay_ngalan_nimo]

ang worse mahitabo sa US sa akong opinyon is...ma divide sila. maguba ang ilang federal states ba.

basin other states will separate itself from the federal government.

Naa man gud obang states nga ok ilang finances ang problem lang is nagbuhi sila sa obang states mao ng affected pod sila economically. But kung mopahawa sila sa federal government maka survive daw sila on their own.

global in the sense naay domino effect.... murag earythquake... the nearer you are sa epicenter mas feel ang tremor.. parehas sa asian financial crisis... dili kaayo feel sa US pero na gihapon effect sa ila market... kase may effect yun sa law of demand and supply... importation and exportation... interst rate sa mga utang ng mga states sa IMF, WB and financial institutions... and the world is one big market place... lets take for example france is selling champagne ilang markt kay US since US is in a deep sht... mugamay ang orders sa ila champagne... so they have to lay off workers or sa Dubai.. mugamay ang numbers sa ila tourist... kase walng pera ang tao... or sa philippines...

the good thing about financial crisis is mugamay sad ang presyo sa bilihin... at one point kase there is less demand... and more supply... kaya lang walang pera... so good para sa may pera...

[The_Child]

communism, socialism, fascism, capitalism and all that sh.t, they are outdated.
And they all operate to perpetuate "establishments". I say abolish the monetary system!

outdated but we are continually haunted by its ghosts.

"Ein gespent geht um in europa; aus gespent des kommunismus." -Karl Marx, "Manifest der Kommunistischen Partei"

[unsay_ngalan_nimo]

umm... because of greed, envy... and man works better with incentives... thats why capitalism is more real than communism...

take away greed and envy... probably may chance ang communism... but at this point in time... with the bling2 culture... communism will not work

[grovestreet]

abolish the monetary system? what type of crack are u using?

why can't people think beyond the monetary system? i'm not saying abolish the monetary system in a particular country but on the entire world. Create a self-sustainable culture!

[KaRoger]

abolish the monetary system? what type of crack are u using?

abolishing the monetary system is a good option... maybe ur the one whos using C---- rest sa lagi hahahah

[unsay_ngalan_nimo]

why can't people think beyond the monetary system? i'm not saying abolish the monetary system in a particular country but on the entire world. Create a self-sustainable culture!

sir ano po ibig nyo sabihin sa isang self-sustainable culture? if we abolish the monetary system, what will the medium of exchange? ummm.... usa ka sack sa asin para sa usa ka sako ug rice?

[grovestreet]

this may sound radical to you but...

there is no medium of exchange, when we declare all of the earth's resources as common heritage to all of earth's people. People get to have access to things that we really need!

[bcasabee]

Yeah, its very radical. One question. How do we compensate equitably the people? Like one is working very hard for the good of the self-sustaining community while another is just lazing around doing almost nothing? Or one is so intelligent that he made huge scientific and artistic achievements while another is so dull he can't even do addition using his fingers?

[unsay_ngalan_nimo]

ummm... have you consider the basic nature of man... dili tanan taw kay honest... there are those who wants to have everything and others who are envious of others...

nice concept but i think hindi siya pwede in reality... there are those who would not like to share with others.. just an opinion...

[erwin_rommel]

this may sound radical to you but...

there is no medium of exchange, when we declare all of the earth's resources as common heritage to all of earth's people. People get to have access to things that we really need!

youre thinking of the impossible bro. maayo untag parehas og otok ang tanan taw. grabe ka daghan sa factors ang imong dapat i consider