21 Jun 10 Where Do We Go From Here? Finance in the 21st century
We are approaching the end of the first decade of the new millennium. In the early years of the new century we have witnessed some of the largest accumulations of wealth in history.
However, it has over time, showed the housing market and the stock market, the emperor without clothes. As society is going to retirement plans, where retirees know what you get when you retired to defined contribution plans where employees have participated in theMarket risks, as it seemed a good idea to have suddenly an albatross, a sign of evil and his idea of hard times.
No matter what the index, markets are beyond all expectations, someone fell worse. But what is worse the effect that a loss of 28, 35 or 40% of people who have no basic means of liquid assets.
The top 1% of the rich in America control 33% of private wealth in the country. The next 19%, consisting of professionals,Managers and owners of small firms control 51% of wealth. This leaves the remaining 80 percent of American workers to share a modest 16% of the wealth of the economy. This means that employees and wages of employees, during which the majority of American workers have very little control of their destiny.
Whether you're a Democrat, Republican, libertarian and independent is what I want to say the same for all members of yourrelated party transactions. Most of them are bust hell wide open. Most of the legislators in both houses of Congress are there to be paid. If not, while in office then.
No wonder that ordinary Americans have little to say what happened in the world. There is no lobby for the common people. No senator, who go to work, to push for legislation that Jane and Joe Average are useful.
But there is a price that wealth. The more you have, moreYou want. Back in the 60s, reporters asked him how much money is enough. John D. said: "Just a little 'more."
A survey of New York who has more than $ 200,000 a year showed that although much better than most Americans were more aware of their relative lack of wealth was compared to deserve this more than them. In other words, they had more anxiety not to make millions per year than those who earned less than $ 100,000 per year
Rather than emphasizein an honest day's wage for an honest day's work, and the reality that every human appeal, no matter how insignificant or trivial, had a value in and of itself, we find that those who run the company are the removal of workforce to be compensated at the highest, rather than those whose efforts, the product can be marketed.
With President Obama is working to pass his package of care received, we can shed some 'light at the end of the tunnel. Then again, the law of unintendedThe consequences can be taken and a return to the fall of 2009. But there is still much work left to be desired, not only by those in power, but by ordinary people like you and me.
Related to : www.giftcardmall.com
