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Yeah. I hear a lot of reports about interest rates and all that jazz too spewing from the mouths of experts on economics and gurus in the financial industry.
This simple fact is: No Consumer Equals Bad Economy.
Fiddling with the interest rates may have an impact. But the reality is PEOPLE NEED JOBS!!!
People need to have productive and profitable work to do and earn consistent income. No matter how humble the employment β maid, cab driver, accountant. People need to work!
The economy would also improve if executives in charge of corporations would stop making bad business decisions (intentional or unintentional) that screw up the economy in the first place and then they walk away with most of the earnings while making an executive decision to lay off hundreds and thousands of workers. What? It’s the poor folks fault? I don’t think so!
For those who have the money β that “loose affiliation of millionaires and billionaires” who live IN ANY COUNTRY β if they weren’t being so selfish with their monetary blessings they could turn the economy around and make things better.
How do I know this? Because I’ve seen individuals take their wealth and invest in communities and build it up. If that can be done on a small scale, it can be done on a grand scale too. As goes the village, town or city, so goes the country and so goes the world. That’s just common sense. It doesn’t take a mathematical formula or tampering with interest rates to figure it out! ( CC: @realDonaldTrump )
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Awesome! It’s good to see you here. π
Thanks! π
I’m still learning how this functions… :/ π