Tuesday, May 15, 2012

Journal 72: War and Economics

AS stated in my previous post war and economic down falls have both caused great changes in our society. In our present times the economic down fall has lead to more changes than does war. As a matter of fact it is the economical down fall that is causing some of the wars and many of the rebellions. It is not a coincident that the economy crashed and people began to rebel against the government. The down falls only acted as a catalyst to what would inevitably happen. Like the last century we begin with wars and economical down falls, nothing new but nothing people want a revisit from. the economy is due to the lavish spends of people who don't actually have the money to spend and banks who loan money to those who are unable to pay them back. It just like lending a friends some money and not getting it back. Then you run out of money yourself and ask your friend for the money you lent him. Then he would tell you sorry i don't have it and you put it off by burrowing money form someone else then it just becomes a vicious cycle that never ends and by the end everyone is out of money. Other than those who are rich they may lose money but they are still rich.

1 comment:

  1. Money is probably more crucial and important than wars since we don't live in belligerent areas, but this may not be the case for people living in places such as Afghanistan or Iraq. I'm not saying that money is not a burden for them, but I think they are dealing more than just money.

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