The solutions

These are the solutions for fixing the economies of the Western countries:

  • Reduce the trade deficit (imports – exports) to zero or close to zero, because the trade deficit is increasing the unemployment and it’s increasing the public debt, preparing the collapse of the economy.
  • Stop the tax havens, which are nothing else than legalizing tax fraud
  • Put a tax of 10% on the wealth of the rich (those families having more than 300,000 Euro) and a tax of 10% on the incomes of the rich (the people making more than 10% than the medium income). Use the money to pay the public debt but also to provide affordable housing – to the workers first, since they are the very engine of the economy. The public housing will prevent the real estate speculation.
  • Stop the inflation – stop creating more money. Only create more money to counter deflation (which is in turn created by the economic growth). If the government has not enough money then it should increase the taxes instead of printing more money and subsequently creating inflation.
  • Reverse the Quantitative Easing (in Europe). The BCE created about four trillions of Euro and gave it to the banks “to improve the economy”. Than is just an excuse to create inflation.
  • Stop the mass immigration because it’s creating more poverty and more social tensions. Stop stealing from the poor countries and help those people to get a better life in their own countries. This is the real solution: help the world to become a better place to be instead of bringing the entire world to the West.
  • Stop helping the criminals to keep the money they are stealing. They just transfer the money on the name of their family members or on the name of their friends and they can keep the money. The current system is actually encouraging crime. The stolen money must be returned to the victims of the theft, no matter what tricks were used to hide the stolen money. Check for example the Wikipedia article about William Goad, how easily he hid his money by transferring it on the name of his friends.
  • Implement real transparency. The government, the corporations, the political parties, the worker unions, and the big associations and the foundations should publish and maintain a comprehensive set of transparency data, like the wages of their leaders, the lists of the biggest wages, their wealth etc. Also implement real transparency in the government, with Wikipedia-style tables containing the data published by the national institutes of statistics – and more data, like the number of employees of every institution, the biggest wages, the wealth of those institutions etc.
  • Stop wasting taxpayer money on the invented “Russian threat”. Because of the widespread corruption and poverty, Russia can hardly keep control over their buffer zones (Belarus, Ukraine, Georgia), so Russia is incapable to expand, Russia is not a threat. Wasting one trillion of taxpayer money every year actually means increasing the poverty – the administration doesn’t even have that money and they are growing the public debt in order to get that money – and that means increasing the poverty because it’s the poor people that will have to pay for the public debt.
  • Buy goods and services from cooperatives instead of buying from corporations. The cooperatives have a better and more fair sharing of income than the corporations. Plus, the corporations are just instruments in the hands of the super-rich who control the corrupt politicians. Don’t give more power to the super-rich but instead reduce it as much as you can.

Posted at 2019-06-16 – changed the date for reordering the sticky posts.

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