Thread: How to change the world Part 3, 3x ScL invites

For those who havent seen them here are my other two threads
part 1
http://www.torrent-invites.com/compe...-scl-more.html

part 2
http://www.torrent-invites.com/compe...o-winners.html

Well part 3 will be about how to solve the recession currently happening in the states as well as any other country facing these problems.



There will be 5 winners 3 will get ScL invites. The other two will get a choice of ipt, funfile, or trancebits invites. i know those two arent as good as ScL but they will do. Well let the games begin.

How to solve the recession? that's a bit tough but I'll give it a shot.

Well I've thought for some time now about money and why it exists. It's true it's a good way of trading products among ourselves, it's like a middleman - instead of lets say building someone a house for the computers that guy is selling he will get money and will be able to buy what he wants. I'm actually looking at the other way of payment.

What if we could all just trade(I know it's a bit medieval but hear me out)? Just think about it, if there was no money no one will be able to commit fraud, no one will want to steal it from banks or shop, the crime rate will be almost nothing. Now I know that there are people who don't have anything to give in return and that's why there should be credits. lets say a teacher is teaching a class but these are kids they don't have a profession yet so instead she would get credits(if the person she help didn't have any she will simply get them from the government) for this and if she wants to get something she could use those credits, I know it's the same as money but if there is no limit for the credits unlike money, and there is only one kind of credit all over the world unlike money I think it would solve it.

And if you are wondering then no, I'm a kid and I'm not dreaming, actually all the companies that bankrupt had so much debt that they sound like little kids competing who has the most =/. 800 Billion dollars - it's like money is no longer valuable if it got to that amount.

You can now laugh at me if you want and there are probably holes in my idea but if we could just try it, on a small city(they will keep their money if this doesn't work) and see what happens.

I posted this elsewhere on an old thread, but I think it's worth repeating (props to whoever told it to me!):

Don't be a Victim; Don't be a Perpetrator; Don't be a Bystander.

Also, recycle.

Whole world has been hit so badly by the current recession that its now a hot topic.We find every body discussing about it,how it has to be tackled, will it be dealt with successfully or not, how much time will be needed so as to get out of this mess.Almost every body is worried about his present and future.The so-called “subprime mortgage crisis” has developed from a small blip on the economic radar screen to a situation that has threatened financial markets and financial institutions worldwide. U.S. stock market has declined by 40%.Fall in real estate market has further reduced consumer spending. . Unemployment is growing.In a single day 70,000 layoffs announced in the U.S. and Europe. Global trade volume is now decreasing--by more than 2 percent, according to the World Bank--for the first time in a quarter century. Slow growth has meant massive industrial overcapacity in heavy industries such as steel, automobiles and electronics, and with global manufacturing dropping at an annual rate of 20 percent, the situation will get much worse.
If the recession is indeed caused by a loss of $600 billion of demand, then eliminating the $665 billion U.S. trade deficit through Import Certificates would completely solve it.The stimulus to socially conscious policies on infrastructure,health,education and renewable energy would work the fundamental structural economic changes mandated by today’s hardships.Big-ticket public investment is indispensable today.Given the rising fiscal deficit and falling revenue,the government must delicately balance deficit financing.Banks must cut interest rates boldly to get credit flowing to consumers.Pushing growth rather than poll-oriented gimmickry should be the priority.

Recession is a phenomena in which people restrict the buying/expenditure practices which results in...
1. Lower sales which results in
2. Lower incomes on the part of sellers and producers which results in
3. Lower profits for them which further results in
4. Lower economic activity as they usually decrease their economic activity etc.
5. and then the people began losing jobs.. due to the lower economic activity on the whole

Governments can resist recession to a certain limit but it is usually the masses who are important in fighting a recession. So the best solution is to work for an awareness between the masses that if they would curtail their expenditure unwisely to a dangerous level , it would be actually them who would be affected the most. A huge compaign on the part of Govt: is required in order to give confidence to ordinary people and instigate them to increase their buying and expenditure practices. Further easy loan schemes and lowering the rates of interest are usually conducive in fighting recession. As during the recession companies and organizations usually come under severe economic pressures so they also need assistance from the Govt:. Governments should carry out big projects i.e roads, hopitals, factories, buildings etc etc. so people would get more and more jobs so would be able to earn more and more money and finaly would be able to spend more.
The solution culminate to the following:-
1. First a huge compaign for the awareness of the people to increase their expenditure.
2. Second introducing easy loan schemes for anyone in need.
3. Lowering of the interest rates.
4. Providing extra ordinary financial support to the companies.
5. Building mega projects on the part of the Governments.

Well said TheRiz -- that's what we are trying to do in Australia.

I guess there is no quick solution for this recession. The value of a house is over two times more then 10 years ago, but (most of) the people dont earn twice the money they did 10 years ago. So this recession is/was inevitable. The prices/economy has to get in balance again, just like nature has to get in balance again sometimes.

I guess the only way to get over this recession quicker is to work harder/longer/more, so we can afford the price of a house quicker. If we cant or wont do that, just sit back and let the prices of houses/gas/etc decrease till we can afford it again.

The Riz you get an Scl if you want it. pike, movieholic, syren, and glider. i have 3 trancebits invites and a ton of ipt invites. would you guys want one of those?

Thanks Schuwe - I'm OK, thought it was an interesting discussion so happy to join in.