It is generally known that macroeconomic framework is determinant of the level of the unemployment and the rate of
sustainable development in an economy .This often changes with the
acceleration and transition of diverse
phases of industrial cycle and unemployment is expected to trend downward
faster than four years after projected overproduction crisis eruption .Contrary
to speculation ,it is wrong to assume the industrial cycle crisis would break
out say in 2017 or 10 years after every
crisis of the previous one .Any drop in unemployment taking the United States as a case study ,if
successful is at best a guest work and a
gamble .But anyway the American
Presidents are known to take credit and
the honour for the outcome of the
drive.
Why would the crisis be charitable under current practice of
global macroeconomic system ?Still yet economists-U.S.brutes do agree to do
nothing .Why would they glorify the industrial cycle movement from past crisis stagnation onward to moderate
prosperity ,that precedes a new boom and
now forth and back to previous crisis or next crisis ,yet they do nothing about it.
Economic figures hardly get better hanging in a vicious cycle in which the whole
messy patchwork revolves .This exudes structural inadequacy prowling from boom to recession and back to
boom or depression .So it is rational and empirical to assume that business
cycle is inevitable and an integral part of modern macroeconomic instability
.Still yet they perennially believed and concurred being inevitable solution
can not be proffered and as holy as the gods in an irrationality that assumes
there is no alternative –T.I.NA.and this they do nothing about.Sacrificing the
public justice of the dying majority for their elusive comfort simply because
they concurred the mountain mole hill as
the TINA .We cannot help but wonder about the place of economic balkanization
of the destiny of dying mankind and its
universal progress.
Western economists have consistently most specifically since
the emergence of modern age have ben in the drivers seat determining the
absolute direction of world economy .In the same vein the miracles and the
giant systems which they have helped devised now turning to a malediction and a
threat to their own comfort and the public welfare that they swore to defend in
their various and in most cases
superficial dissertations .How
long would the protection of the sectarian interest last? This threat could be
met with aggression as endangered species recollect the most disturbed part and
horror chapters of human history .
Gone are the days of colonialism and now neocolonialism and globalization of
universal destiny and society has taken hold of a new toga of expression .They
are extremely imperial and so powerful
that booms and bursts across the world are distributed as they deem fit
,trading depression,recession and successive economic crisis as they desire to
alter human destiny or promote it at will.They are sometimes distributed at a
fair and unfair prices than they can control.The booms in China and SouthEast
Asia or Persian gulf could easily be terminated at the ease of this comfort and
manipulation of the counterpoise theories of the modern society .This chicanery
does not spare recession bound --Europe itself –as an integral part of
capitalist politics and to a larger not
spared of the good ,the bad and the ugly economic climates in a volatile era .
The equal distribution of world wealth as sole panacea of fighting against public
injustice and world poverty ,securing
freedom of the majority of world population can be herald of this new dawn .Whether
we like it or not ,controlled now or never or later ,brutal revolutions someday
would come to the rescue –a bitter gospel that the hedonists often detest or
hate to hear.It is far better for the buccaneer of justice to retrace their
steps and exploitation of the dying souls rather than face the music.
Where do we begin our defence in our resolve to spread
equality of wealth or near equality worldwide ?Frankly speaking attacking the
dollar standard provides the cheapest templates for resolution ,soothing frayed
nerves disjointed for ages and redressing free market imbalances of modern
society.
THE INTERNATIONAL
DOLLAR STANDARD
Differences in the distribution of wealth worldwide are
determined by variation of dollar standard ,rise and fall of dollar
,appreciation and depreciation of dollar standard across the world .The
marginal differences recorded in the rise and fall of dollar standard results
in the distribution and redistribution of wealth across America and Europe and
then the world .In this context she is the world sole superpower based on this
feat and dollar is the last lender and last wealth distribution card of global
economy .Little wonder it was reported in 2001 that 70 percent of world economy
is denominated in dollars usurping the previous glory of an era dominated by gold exchange .So take
away dollar and you risk the crash of that behemoth economy and to a larger extent world economy – a
reminiscent of the depression era that partly led to the outbreak of 2nd
world war.
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