Visit: MeTee.com Support this Youtube channel and Design and Publish a T-Shirt using the link above. This channel is brought to you by MeTee T-Shirts: The place for On-Demand t-shirts. – Saturday July 23 2011 3:54 pm A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property’s loan. It often occurs when a borrower cannot pay th…
Is Global Finance a zero sum game?
When I was a small kid, I learned in physics that nothing is wasted, everything is transforming. And everything is a zero sum game.
During the past decades, the economic theory somehow made us forget this. We see that from decade to another, global finance put us in an every upscale economy. We see more money, more developments, more credits. It seems that we are developing and everybody is winning. Or that the sum of winnings is far bigger then the amounts lost.
But I think that everything pays up eventually. There is no such thing as a free lunch.
The global finance now is hardly hit, because of the unsustainability of the system. Together with the finance is also the world economy.
And you know which is the bad news? That this situation will repeat in the future. Because humans are greedy and want more and more possessions. Global finance system helps in this respect, accumulating more and more money and debt notes from every individuals and nations.
Globalization is a problem. Global Finance, together with greed amplifies this problem to unprecedented scale. We will live some interesting times…
