Real reasons behind crumbling Economies in the world and how can we correct it ?

Came cross this wonderful video sent by my friend where an Indian born economist Dr. Ravi Batra starts the conversation with the reason behind the poverty in the world then moves towards oil crises, wage gap, imbalance in Supply and Demand and ultimately a crumbling economy. Mostly talks keeping the USA in perspective and how it is contagious to other part of the world. Prout philosophy is suggested as a solution.

Find out what lies as the root cause of all this Chaos and what can shorten the economic pain we are already in.

Why is there poverty in countries, even in developed countries.



Reality behind Oil Prices, Stocks, Companies, Gas Stations, Monopoly, Oil Companies Profits, Tension in Middle East, Anti-Monopoly Law, Anti-Merger Law, Official Corruption, Minimum wage



Rise in the Wage Gap : Relation between Worker productivity to its real wage.
Effects : Over production, LayOffs, DownSizing
New Debt, New Credit, Mortgage, Lifestyle, Imbalance in Supply Demand
Profits rise sharply, Stock Market rise bubble, Market Crash, Major Depression

How to Eradicate this Poverty and imbalance
Economic Democracy : End of Capitalism, beginning of prosperity and masses.
In large companies that exists, atleast 51 % are owned by employees, CEO is selected by them. As the profit rise, the wage will go proportionately. That is what PROUT all about.



Who will bring this Economic Democracy ?
Who will put an end to Monopoly Capitalism ?
There will be POUT base economy in the near future.



3 Reasons why New Age Economic Revolution is bound to happen
1. There is an unpopular war
2. Growing political corruption
3. Economic Chaos

This will result in a New Age Revolution and we will be the part of it.


P.S
Causes of Housing Bubble




How Housing Markets effect other Markets ?