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	<title>Finance and Refinance &#187; financial crisis</title>
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	<link>http://financeandrefinance.com</link>
	<description>Finance facts you should know to make more money.</description>
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		<title>Finance problems</title>
		<link>http://financeandrefinance.com/finance-problems/</link>
		<comments>http://financeandrefinance.com/finance-problems/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 20:06:04 +0000</pubDate>
		<dc:creator>TheFinanceGuy</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[big finance problems]]></category>
		<category><![CDATA[burning fossil fuel]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[energy network]]></category>
		<category><![CDATA[finance problems]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[problems]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[us citizen]]></category>
		<category><![CDATA[us nation]]></category>

		<guid isPermaLink="false">http://financeandrefinance.com/?p=92</guid>
		<description><![CDATA[We are in a crisis. We face tons of finance problems. But it will no over. There will be much more finance problems in the years to come:
Finance problem 1: the pensions funds will collapse. Also, the fact that the private sector is based on stocks so much, any big market fluctuation will affect your [...]]]></description>
			<content:encoded><![CDATA[<p>We are in a crisis. We face tons of finance problems. But it will no over. There will be much more finance problems in the years to come:</p>
<p>Finance problem 1: the pensions funds will collapse. Also, the fact that the private sector is based on stocks so much, any big market fluctuation will affect your pension. If you want to retire during a recession, well, to bad <img src='http://financeandrefinance.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Finance problem 2: the energy network must be completly change. We cannot support burning fossile fuels so much time. When the stocks will be finished, then it will be a big shock, followed by big finance problems in all industries connected with oil (car industry, airplanes, plastics, etc)</p>
<p>Finance problem 3: living on credit is un-sustainable. US citizens are in debt. The nation is in huge debt. The world in in debt. Everything must be leverage.</p>
<p>So, these 3 crisis will follow shortly. Hopefully we will not have other types of disasters, that will generate by themselves crisis (tsunami, meteor, terrorist attack, etc)</p>
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		<title>What shall we learn from this financial crisis</title>
		<link>http://financeandrefinance.com/what-shall-we-learn-from-this-financial-crisis/</link>
		<comments>http://financeandrefinance.com/what-shall-we-learn-from-this-financial-crisis/#comments</comments>
		<pubDate>Fri, 20 Mar 2009 19:52:43 +0000</pubDate>
		<dc:creator>TheFinanceGuy</dc:creator>
				<category><![CDATA[Various stuff]]></category>
		<category><![CDATA[big depression]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[learnings from depression]]></category>
		<category><![CDATA[learnings from the crisis]]></category>
		<category><![CDATA[next bubble]]></category>

		<guid isPermaLink="false">http://financeandrefinance.com/?p=21</guid>
		<description><![CDATA[NOTHING.
We, humans, are greedy. This is our nature. We want more and more. Finance is a way to get more. We always run for an easier way to earn money.
And we will always do that. Utopian societies are &#8230;. utopic. I think the greed is deeply embedded in our genome, and we always look to [...]]]></description>
			<content:encoded><![CDATA[<p>NOTHING.</p>
<p>We, humans, are greedy. This is our nature. We want more and more. Finance is a way to get more. We always run for an easier way to earn money.</p>
<p>And we will always do that. Utopian societies are &#8230;. utopic. I think the greed is deeply embedded in our genome, and we always look to the financial aspect of our life. As comparison, we want to find a way  to check all 5 levels of Maslow Pyramid. Money help us check all 5 levels. <img src='http://financeandrefinance.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>So, we will not learn anything from this financial crisis. 99% of humans are plain stupid. They are only interesting in short term and in their life only. They don&#8217;t give a damn on environment (until they are hardly hit), in financial slavery, in laws that are not affect them directly, in things that are not sustainable,&#8230; So they will look further for ways to make profit. And profit is not a zero sum game during a year. It is, however on longer periods, when markets are regulating themselves</p>
<p>We will keep running for profit. We will run further into crisis after crisis. Because this is who we are. Stupid, egoistic, self-center individuals. The perfect viruses for this planet. We consume every resource we have in our disposal.</p>
<p>So, good luck to us all&#8230;</p>
<p>Be smart. At least you can learn from this crisis is learn when it wil be the next downturn, and not to be so greedy, when you should mark up your profits at the next buble <img src='http://financeandrefinance.com/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
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