Other People's Money

fundamental break down in the existing economical arrangement was fabricated in the financial global crisis that started in summer 2007 and surprised many nations. Commotions in the financial world (banks) had an impact on the real economy in terms of people’s livelihoods. This financial crisis is globally significant to us, as it took place in the heartland of capitalism, the U.S., which is the richest most successful dominant capitalist power. The key trigger of the financial breakdown was,…

opinion that people have toward money. I do think that money, today, is now perceived and treated in the wrong way. Since industrialization, cash rules and determines almost who we are. It has so much power, that it changes us for a better or worse person. Unfortunately, most of the time it will change its owner toward the wrong side. The real value of money should be revised and re-taught because this affects directly people’s dependence, moral and generosity. Money is a dangerous for our…

with no wars or homeless people and no more money. Although some people believe that money is an essential part of life, it may be argued that we don’t need money at all. Initially, there would be no more robberies if there was no money. Furthermore, people could only get what they need. Likewise, making money waste materials that we could utilize for important uses. Last but not least, if money is taken out we can have a fair economy. Life without money can create a world of freedom as long as…

Money has always been a dilemma throughout civilization. Financial stability as well as other people’s social hierarchy is also something many people in different decades and until now deal with. At times, money can cause to take control over a person due to their strong desire to have a large amount of money in their pockets as well as using that money to become powerful. Usually, the drive to earn money is because they want to raise there social hierarchy or to live a lifestyle of buying…

when I was about eight years old and traveled to India a beggar asked me for money, which I had a lot of with me because I was eight and just carrying money around even though I was not going to spend it made me feel “cool.” I thought to myself why I should give him money and then came to conclusion that…

In the article “Can Money Buy Happiness?” by Sarah Gervais (an Associate Professor of Psychology) she suggests that money is important to happiness. In making this comment Gervais claims that having a higher income can give people “better access to homes in safer neighborhoods, better health care and nutrition, fulfilling work, and more leisure time (2).” However, Gervais believes that “once an person’s income reaches a certain level and basic needs for food, health care, safety, and shelter…

The issue on student debt has caused many discussions to let the student have more money go in their pockets to handle the debt at the end of their college career. Even the president and many others had a story to tell about their experience with debt after college. The president spoke to the students of UNC about debt and how it can be solved. He provided a backstory of when he had worries about if he could get a good job, get married or be able to handle the mortgage and bills for a house. It…

Q1 Introduction Investment is an essential part of people’s life, people who have extra money would like to invest their money to generate profit. There are some ways to make investments such as stocks, future goods, bonds, savings accounts, property and so on. Savings accounts just have about 3% interest rate which is lower than the investors’ expectations, and stocks and future goods are too risky for general investors even if they have high expect returns. As a result, investing in property…

The government needs to be more responsible about their funding, it does seem like theyhave an endless influx of money to spend, I mean we are only talking about trillions of dollars. It’s hard to make sense of it all, cause in the end it’s just a piece of paper, right? Not exactly, we have so much invested in this country and have so much to offer, yet we have a national debt of over 17 trillion dollars and growing rapidly, but should we worry? No matter how much we talk about it and debate it,…

function, or process. A symbol that is important to me is money. “I love money. I love everything about it. I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gasoline powered turtleneck sweater. And, of course, I bought some dumb stuff, too.” -Steve Martin. Money represents happiness, security, and power to me. Money brings me happiness in all kind of ways. I can buy material things with money. I can buy the games and electronics that I…