Obama Urges Americans Not To Stuff Money In Their Mattresses

moneyIn the News (from Yahoo! News): The president offered advice to people struggling to pay their bills. He told The New York Times that people should be prudent and get back to fundamentals, with an eye on steady savings, reasonable returns and long-term investing. “What I don’t think people should do is suddenly stuff money in their mattresses and pull back completely from spending,” Obama told the newspaper.

My Comment: The only way to come out of the crisis is to transform the social consciousness so all people will feel globally responsible for everyone, like in the “butterfly effect” or in one “small village.” That is also how the economy should be restructured. In this case, many “useless” industries will disappear.

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