The only global certainty is that changes are always happening in your neighborhood, your city and on a global scale.
Economic changes are no exceptions; we have our ups and downs, it is the nature of the beast. Changes are necessary in order to keep on learning and growing.
Economics entails many different aspects of our daily life. Politics have an influential role on our buying habits, oil prices have a big impact and international monetary policy established the value of our currency and buying power.
Even religion intervenes on the financial health of a Country, if a religious group gains control of a country, it has consequences good or bad…it can bring violence and instability, or unity and stability to the whole society; which in turn benefits society economically.
The European Union is entering a big change. The strongest Countries will maintain a strong economy, and will try to advert the mistakes and mishaps of the not so strong like Italy, Spain, Portugal, Greece and Ireland. Pretty much the most religious Countries.
Poor economic times bring violence and consequently economic crimes will grow at an alarming pace during the next 10 years, people’s instincts are geared towards a survival mode, no matter what the consequences are. Governmental, authorities have diminishing power to prosecute crime because of the economic cuts which mean that they have less resources available in order to prosecute criminals.
In the International arena China has a positive cash flow, which gives them a lot of economic power which Americans and the rest of the world have given to them as consumers of their inexpensive, ordinary products and sold by them all over the world. The Chinese are master manipulators of their own monetary value in order to erase their competition.
China is not doing anything special with their surplus money; they just basically pass it along to the USA and expect to receive interest and with this interest they expect to be able to cover the needs of at least 1 billion peasants .
In the mean time the Chinese are relying more and more on their government. The Wealthy Chinese are every day further and further apart from the very poor Chinese. The government which in turn is spending more and more on super highways and many unnecessary items, are stepping into the biggest financial mess ever seen by humanity. We will see the aftermath.
Latest news Standard & Poor’s downgraded the USA from AAA to AA+.
CDS Collateral Debt Securities which brought the United States to their brink of economic disaster, number of years ago.The second largest mistake made by this agency occurring days ago.
If the strongest economy cannot get a triple AAA rating so the question is who should. Many other Countries have AAA, by Standard & Poor’s ranting.
The USA is still the strongest economy on earth. In The EU is The United Kingdom, Germany, France, Sweden and Finland.
The United States Governments mistake was not to bring charges against Standard & Poor’s when they should have brought of charges for their negligence, then and now.
Hold people responsible for their actions Standard & Poor’s is not computers running around …they are people with names and badges.
We all have responsibilities as investors, government agencies; regulators, other agencies. We all play a part in it it. Is a called, actions with consequences.
Get out of the box and start thinking independently. You will see, how much power you have in order to change the world.
Yes financial crimes world wide are a gigantic problem with an increase of 20% on a yearly basis. As the world evolves and governments are facing financial cuts , the criminals are waiting ready to manipulate the system and get their hands on your money. The Internet is providing criminals with tools they can use in order to lure unsophisticated investors into their traps.
Bad economic times will bring out more organized crime.
Also the wide range of the Internet makes it easy for criminals to set up false companies, in different countries, the range of investment tools they use are numerous and offer a great variety of investment vehicles.
These organized criminals are very mobile and just like the Internet also very international.
They can cover the whole world via internet. Their damage is impossible to determine world wide but, reaches far beyond our comprehension.
Please be alert…and do not be afraid t reach for help by consulting the different web pages of financial advisers or even the authorities in your country. Also your can use your lawyer in order to see the legalities of the transactions done under your name and paid for with your hard earned money.
Remember that these people are more than ready to get you involved.