There is a funny story that in ancient Greece every guest that came to feasts would receive a feather. Why? To tickle their throats with it, to throw up and keep drinking and eating. The system has not really changed, but has simply been refined slightly. The world continued its gradual materialistic development until the last 200 years where consumption completely overtook our lives. Knowledgeable people sat and thought about the issues of how to lead a nation, what to provide, how to fill leisure time, and much more, and as a result created a consumption culture, which is subject to those controlling the worlda��s monetary sources. If there is a small percentile controlling the worlda��s fortunes, then it is necessary for someone to implement that control.
In this case, we are talking about the public. Buy, consume, go to the mall, buy designer brands, buy homes with pools, drink champagne, eat caviar, and who will pay for all this? We will. How? Through debt.
We have amassed an enormous debt bubble, which fuels the financial sector in trading each dollar of debt between banks and their friends, as investments in the stock exchange, countries, coffee, sugar, gold, etc. Fortunes were made in this way. It is that simple. If there is a failed investment, at some point the public will pay because it is our debt the bank keeps track of, and in the case of defaults, the financial institutions simply write off the debts and, worse come to worse, the Government will intervene.
From this never ending story we see that it is impossible to get out of this vicious circle, this food chain that the wealthy created that we must keep in motion. Why? In order for us to keep buying more and more, to perpetuate the cycle of spending. How can we get out of it? It is not simple, but it is possible. We must gradually reduce our culture of consumption to the level of basic necessities according to human standards for everything from food, health care, and education, up to the annual family vacation. The rest is redundant.