Post-Bubble Recession Economics

This article has presumptions based on post-911 and post-2007-recession data and experiences gathered by SCOD members.

1. Most of the money is being horded by 1% of the population (ultra-rich).

2. Upper-Middle Class are not hiring or spending as much as they should locally.

3. Monsanto and other Mega-Companies have monopolies that we can only break by collaborating on cooperative projects like eco-villages, organic gardening, gathering, hunting, home-made crafts, repairing reused items, etc….

Here is ‘real-talk’ about post-bubble economics…. people are lagging.  Instead of paying strangers to do things and buying products from companies, we need to intensively correspond about buying products and services from each-other; that is how we transition for real. Granted some companies are better than others, and some people are more talented or skilled than others. Regardless of flaws, the transition must take place.

We with SCOD are doing it, but I rarely find mundane people willing to seek out ways to give back. I am lucky enough to find some, and those I will stay in touch with. Even the most poor of us, can give back in their own ways when given gifts. Post-bubble recession economics, trade-for-trade with friends. Communicate, negotiate, exchange…. work it out. If someone does not pay you enough for your goods or services, tell them. If you think people are acting odd because they won’t talk to you about an issue of commodity, challenge them on it.

Work with those willing to work, and ditch those that will not participate. Enthusiasm and follow through, that is what we need. Do it people, do it. If someone calls you that you can trust, you better fricking call them back asap to get things done.

* SCOD FOOD COOPERATIVE:  Concept, Webpage

Banks are very selfish, because at all times they will always only give what benefits them more. That is because they function on basic Capitalist profit driven values. Even when they always make much more than they need, they NEVER return much of those profits back to the most poor who barely have enough money to put in an account. This is why interest rates from banks will be non-existent if they can help it (as we experience now).

Why are bank account interest rates are lower than they used to be?
Banks get money from the Fed at 0.75%
So the banks don’t need our money as much as they did before the Great Recession and Housing Bubble Collapse.  Also they make more on mortgages, and as long as interest stays low on mortgages, they do not want to raise our interest on accounts, even if it would entice us to invest more with them; they simply do not need our money, they make their own with the Fed.
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: