A question I received: In today’s world, the leaders of the big financial companies receive bonuses by the millions. Having received the government’s bailout money, they are using it to their advantage – increasing their personal wealth and not depriving themselves of anything, while the ordinary citizens pay for their mistakes.
My Answer: That’s right! And it will only get worse until we recognize that our egoism is evil. Without this recognition, we will not be able to progress. This is why we will see things get even worse: the “big guys” will try to suck us completely dry, leaving us with just the minimal means for existence.
Everyone thinks that these companies can continue to exist in their current condition, if only they fix a little something here and there, with the help of a government-sponsored, bribed commission. We will continue to pour many more billions of dollars into these companies, until every country will find itself on the brink of collapse and bankruptcy.
In the end, we will reveal the enormous evil that lies within this egoistic regulation, and humanity will then concede that it’s necessary to eliminate this kind of regulation. Therefore, the most important thing for us is to reveal the evil of our egoism faster.
In the meantime, the global financial game continues as we watch the stock indexes rise. But has the manufacturing industry resumed normal functioning? Everything has been shut down. Are they selling more oil? No – because the manufacturing industry, its main consumer, is dysfunctional. Everything is going down, but for some reason, the stocks are on the rise. What is going on here?
People are using any situation that comes their way with a blind approach: no matter what, I must make a profit! But tomorrow, they might have to throw their millions out as they won’t be worth anything! But who cares about tomorrow – today this money means everything to me!
There is no other way for people to see things, because egoism does not sense or see what will happen tomorrow. And so the game continues.
In addition, we have to understand that the financial world does not have a method of coping with the problem. The people there do not understand the changes that are going on. They only know that the profit they receive today is their profit. And if they don’t make a profit, someone else will. This is the law of competition: either I win or you. And since neither the government, nor the society, nor the entire economic system have a solution, they all continue this game. Not continuing it is not an option: they can’t shut down the stock exchanges, at least not now when there is a guise of a recovery. But in truth, the descent continues: statistics show that there is a decline in production. So what is the reason for the rise in stock market? It’s happening because of speculation.
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