[ money money money ] It’s a Debt Ridden World

Say it …MON-EY. It’s almost an obscenity in this debt-based world, hence we don’t like to talk about it much. The word brings up all our stuff doesn’t it; embarrassment if we don’t have it, guilt if we have it, and of course all-out panic if we can’t cover our expenses. Scarcity of money is our number one fear, resulting in pressure to perform and exhaustive stress.

Money fear is the one button that’s pushed constantly, and the one that can be the most difficult to handle too. It’s what causes people to compromise and abandon the truth. Our capacity to produce all the necessities of life has never been greater, yet the more we produce the greater our debt, because that’s how money comes into circulation. All you have to do is take a look at the state of the European Economic Union, and you’ll discover how artificial debt and a false economy is drowning even the most ancient and established countries, like France, Greece, Spain and Italy. With the majority of the rest not far behind.

As reported by RT news, on October 24, 2012:

The total debt of the 17 eurozone member countries reached 90% of the value of the union’s economy at the end of the second quarter of 2012, according to the data provided by Eurostat.

Europe’s public debt rose from 88.2% in the previous quarter to the highest level since the euro was launched in 1999, as reported by the EU’s statistics office. In the EU-27, government debts rose to 84.9% of combined GDP (against 83.5% in March).

Greece’s debt remains the highest accounting for150.3% of the country’s GDP, while Italy holds the second-largest debt of 126.1% of GDP. While the public debt of Germany, Europe’s strongest economy nowadays, amounts 81% of GDP.

Greek debt grew to 150.3% of GDP in the Q2 from 136.9% in Q1 though the country’s debt was reduced to 280 billion in March from 341 billion as private investors agreed to write down part of their loan.

Making a living isn’t just about making money. Take a look at the lives of people like Steve Jobs and Sir Richard Branson, what did & do they have in common? They all choose to make a life that made a difference. Instead of making money for the sake of money at any cost to people or environment, they took the risk and did what they loved most, to benefit many. SO how can you do the same, and still pay the bills? Good question… and one well worthing thinking deeply about.

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