Ethic in Business

Balloon

The financial sectors are covetous all the time. They want more money, further money. They got used to earning a lot of money from the derivatives market. Do you ever think how financial crisis start all the time? We had the big economic crisis, which is the biggest economic crisis in the world's economic history, in 2008. You can see that if you look carefully. 50 million people went down under the limit of poverty, but on another hand, many bankrupt companies belonged to them. Is that interesting? Can you imagine, a company went bankrupt but the company owner got richer. How did it become? In 2008, many financial companies were selling the special bond, which has the risky mortgage. That mortgage was very risky because many poor people had those and nobody refunded again, but nobody knew that and many people bought that like it is crazy. After that, many mortgages were not refunded by poor people and a lot of bank's budget fell down suddenly. Bankers w...

The Broken Window Fallacy

It is a prevalent theory. A hooligan brokes local bakery's window, and everything happens. Some economists support that the that the broken window fallacy helps the economy to grow up. It might be true, but there is a problem that if we accept it rightly, then we have to condone when we understand that some stronger countries attack some weaker countries to create a new market. There are a few stages. 1- attack somewhere 2- destroy everything there 3- declare a ceasefire 4- make an agreement 5- improve a country's economy 6- send some companies there to develop the country again 7- start from the beginning Capitalism gets the world to participate in new world order to make more money for capitalists. It is a costly way, yet a perfect way. Nowadays, technology is much better than 20 years ago, but new product goods are too flimsy. In the 1990s, people could use white goods for 15 years at least. Now people can use wh...

Crazy People

Hey everyone, welcome to my crazy blog page. Generally, I will write a lot of writings about the world economy because I believe economy influences everything directly. Do you agree with me? I want you to think about that. Many people move somewhere, for what? People escape to more likely to develop from their crazy countries. I have never judged anyone, actually, I am not judge and don't want. We were born in different countries but everyone is people, not slave for others and everyone justify a good life in their lifetime, such as good educations, good healthcare system, safe places. But politicians make everything to harder life for us. They put extra taxes to more security when we have no enemy or dangerous situations. After that we are starting to see polices everywhere, why? What's going on in our countries? An answer is definite which is crazy politicians. I personally believe that there is no bad country in the world, only crazy politicians. People are people ever...

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