Friday, January 20, 2012

Is it USA's fault that other countires are in a financial crisis?

If so, why and how?Is it USA's fault that other countires are in a financial crisis?
No.

As most of the people realize by now it is a global crisis.

And what we see around us is the end result of our evolution up to this point.

Although everybody is talking about a financial crisis, and is looking for economical or political causes and solutions, these are only signs of a much deeper problem.

The problem is that two opposite sides of human evolution are colliding now.

One one side we have reached the stage, when humanity has become global, and not only in economical or political terms, but at every level of our lives. We cannot even sneeze without affecting everybody else, and at the same time we all depend on everybody else for our survival.

But on the other hand our selfish egos have reached their maximum potential too, by now most of us, individuals or countries alike would like to isolate ourselves even from our closest relatives if that means greater pleasures for ourselves. We only care about the others if we can use or exploit them.

This behavior cannot continue in this new, global, closed system, as we are constantly harming it, and slowly destroying it.

We can see the signs around us very well, the financial crisis is just one of them. We could also mention the climate, food and water crisis, wars, terrorism, extinction of all kinds of species, and so on.

The global system is here to stay, there is nothing we can do about it. But we can learn the laws governing it, and learn how to live accordingly.

So the good news is the solution is in our hands.

Here is a short article about globalization:

http://www.laitman.com/2008/12/how-do-yo鈥?/a>

And here is a 5 minute video on the same topic:

http://www.youtube.com/watch?v=g94iWT2SI鈥?/a>

I hope it helps, all the best.Is it USA's fault that other countires are in a financial crisis?
It is hard to assign a single country as being at fault as there is a global market in trade and finance. Yes US banks made bad loans, but the Chinese, Brits, etc bought the loans.

You can say that the main components of the financial crisis are the US housing bubble, sub prime lending, lack of adequate reserve requirements for secondary mortgage products.Is it USA's fault that other countires are in a financial crisis?
How about the other way around?

No comments:

Post a Comment