If I ruled the world,what would I do for economy? Firstly, decrease the consumption level. People from the west World are consuming much more than they produce. They are getting fat, without agility and live at the expense of others... More on the up article.
i would let the people who caused all this crash and burn. all the car companies need to go under so they can learn something from all this.
I will ask china and japan to increase their spending coz nowdays asian save more than spend thus creating economic unbalance between west and east.
I will blends all currency with single currency only using Gold base currency and silver price so that price of currency is save because it is "un replicable"more other then it,I dont agree that Asian and china should spend more,.spend less is good for them ,and good as well to the world since I believe the bank will use the money wisely,To give credit to small economy and real sectors economy
Stupid thread to start in my opinion because if you have taken economics classes you will see the the currencies are a very complex system in which some countries continue to manipulate so they can see an deflation and cause other countries to have an inflation. If you went to one currency there would be no way to distribute it and countries would end up fighting over the currencies like they did back during the earlier civilization because there would only be so much of it to go around and the places that owned the gold mines would rule the world or be conquered. There are so many factors that are hurting this economy and you are right greed is a major one but it is as simple of a fix as many would think especially now with a globalization of multiple industries over a period of ten or so years.