Trifecta: Week 102 ~ Economic Governance!

Prompt~ Craft –  skill in deceiving to gain an end <used craft and guile to close the deal>

Debt all around the world is an incapacitating weakness that makes the poor poorer.

The governments craft the economy with guile to keep the cost of living high and interest on saving’s low. 

Words ~ 33

Most countries in world are now a consumer economy. The media and politicians manipulate the society to borrow, spend, and get into debt. If people are spending money they do not have, the economy will struggle in the long run. Most personal and government borrowing is not for investment, but for consumption.  Eliminate poor to combat poverty.

 

 

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12 thoughts on “Trifecta: Week 102 ~ Economic Governance!

  1. I agree with Janna-there is truth and wisdom in what you’ve written here. It becomes a viscous cycle-often built on credit. I can’t believe how much “stuff” is out there, competing for our hard earned money-money that a lot of people simply don’t have. Well done, AC!

I love arguments

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