Whom to blame for global economic disaster

[trendcoin]

Global inflation data and forecasts were painting an optimistic picture until recently. However, Trump’s irrational foreign policy choices ruined everything. Inflation was suddenly reignited, and interest rates were raised again.

Since I’m not to blame for this, it must be the United States.

What’s worse is that they may be doing this knowingly and profiting from it through trade.

They have ministers who have admitted to killing thousands of children in the past. Why would an organization that doesn’t hesitate to kill children hesitate to plunge the rest of the world’s population into even worse economic conditions just to make a few more dollars?

[Jewan420]

Both the Russia-Ukraine war and the Iran-US war have contributed to the increase in oil prices. The biggest role is played by the Iran war, where we can blame Trump. Oil prices have increased the most when the instability in the Strait of Hormuz began. Oil tankers from different countries were stuck in the Strait of Hormuz at that time, resulting in oil shortages and crises in different countries of the world. This critical moment was made more acute by Ukraine, which attacked Russian oil refineries. Oil has become the main weapon of war at present, and oil is being attacked in both wars.

I only think of those countries that are not directly or indirectly involved in this war, but they are not free from this influence either. Who will compensate them for this loss? Who will they complain to? The ones who are supposed to complain are the ones who are creating this critical situation!

[Die_empty]

The religion is divided into sects and the people are divided into parties.

Religion has been a tool for manipulating the people. Corrupt politicians use it to divide the people because they know that they would be kicked out of office if people unite. The worst are illiterate religious followers. Some of them cant comprehend or understand what is written in Holy Books; this makes manipulation easier.

Elites are taking advantages and then move to developed nations after being parasites for so many years. The revolution wouldn't take place because people are being compressed and blackmailed via targeting their families or catching their other weaknesses. Those who speaks loud are made silent. Whom to blame and where to go ?

They will still return to your country because there is no place like home. They will not get the respect and money in foreign lands. So they will always return to make more money.

I am expecting a revolution in my country because these corrupt rulers are holding us hostage. They manipulate the electoral system to make them win elections even when they don't get the popular vote. Rigging elections has become the order of the day.

For the global economic problems I blame those who caused and still sponsor wars in Ukraine, the Middle East, and other locations. Internally, I blame corrupt politicians who mismanage public funds.

[batang_bitcoin]

Those who speaks loud are made silent.

That is because they are also benefiting from the situation. And this is where it happens that the rich becomes richer.

Whom to blame and where to go ?

The oppressors' and the attackers and there's no other than those countries that keeps on pressing the countries like Iran. And there goes the pressuring for China too. Oil still place a huge part the global economy, when it's stopped or delayed then everything is delayed and stopped and that shall lead to price increase of commodities.

[free-bit.co.in]

You have likely seen this sculpture in Strasbourg. Danish artist Jens Galschiøt named it The Orange Plague. Artist portrays Trump as destructive force, a depiction that truly align with his character.

Trump, Orange Man, fails to recognize his own mistake and make no effort to do so. Instead, he focuses on finding fault in other. This is why Galschiøt has depicted him naked. he is busy mocking others despite being unclothed himself. We are well-acquainted with this trait of Trump's. Even if America were to bring entire world to brink of destruction with nuclear weapon. But Trump would still fail to see his own error, choosing instead to place blame on Iran and Russia.

[yixichloro2xx]

Both the Russia-Ukraine war and the Iran-US war have contributed to the increase in oil prices. The biggest role is played by the Iran war, where we can blame Trump. Oil prices have increased the most when the instability in the Strait of Hormuz began. Oil tankers from different countries were stuck in the Strait of Hormuz at that time, resulting in oil shortages and crises in different countries of the world. This critical moment was made more acute by Ukraine, which attacked Russian oil refineries. Oil has become the main weapon of war at present, and oil is being attacked in both wars.

I only think of those countries that are not directly or indirectly involved in this war, but they are not free from this influence either. Who will compensate them for this loss? Who will they complain to? The ones who are supposed to complain are the ones who are creating this critical situation!

Like the African proverb usually say when "Two elephants  fights, it is the grass that suffers" . The global North are the elephants who are causing this conflict, while the global south are the ones suffering from it. None of the smaller countries have a hand in this conflict yet they are feeling the effect of it through higher oil prices which has affected transportation costs, food prices to spike  and inflation also. I am very sure the oil price will still increase higher, since Trump will likely continue this conflict after their Midterm, he already sent 10,000 trops to the middle East. This could impact global economy,and countries whose economy aren't stable will suffer the most. The painful thing is that when this conflict end no one will get punished for their actions, since most of them are all above the law and the people who are supposed to punish them have become useless (UNSC/ICC)

[Arenga pinnata]

All of these wars are indeed the cause, regardless of which country is involved. When the Russia-Ukraine war broke out, there was an immediate spike in fuel prices as well as wheat prices and wheat prices remain quite high to this day. But the worst situation occurred during the conflict involving Iran, Israel, and the U.S. When these three nations went to war, leading to a blockade of the Strait of Hormuz, that’s when fuel prices skyrocketed to much higher levels. But I feel there are other causes besides all of that which we are unaware of. And honestly, there’s no point in blaming anyone for being at fault. Because in the end, the voices of ordinary people won’t be heard. All we can do is do our best for ourselves and our families.

[EFS]

You can blame all the world leaders, including the leader of your own country. They all play a part in this. As long as such terrible leaders remain in power, the world will keep getting worse. They do everything they can to make the rich even richer. They've wiped out the middle class. People are finding it harder and harder to make ends meet every day. How long do they think this can go on? Sooner or later this system will come to an end, but it won't happen quietly or without pain.

[aoluain]

Whom to blame for global economic disaster

From the geo political commentators I listen to its what is being called "The Epstein Class"

They are the literally parasites who thrive on war and unrest, they fund wars in order to grow
their profits and wealth.

They divide populations in order to fuel unrest, they fund military expansion and then offer
loans in order to rebuild countries then suck the resources out of those countries as repayments.
Those are the resources which should go to the betterment of that country.

Case in point: - https://www.reuters.com/graphics/UKRAINE-CRISIS/USA-MINERALS/gdpznylnqpw/

A democratically elected government is ousted in Ukraine, one who was favouring closer ties
with Russia, a puppet government was shoved in instead, one who wanted closer ties with NATO
and Europe. This inevitably would lead Russia to act as they did which essentially led to todays
conflict. The US threatens to pull out of their help with Ukraine forcing them to sign a minerals
giveaway for US military help. It has all been orchestrated by the Epstein class and Trump and
other European leaders are just cogs in the wheel, there are bigger powers at play here.

Trump is t doing anything different than other US leaders did, its just he promised something
different in order to get elected.

A gigantic mistake was made earlier back in February by starting a war with Iran, something they
never oversaw, Iran was up to the task and ended up controlling the Strait of Hormuz.

Another scenario at play is Europe v Russia, this is all orchestrated, again the Epstein class want
war between the two at the expense of millions of young men.

Young men who might ask questions at home, better get rid of them and send them off to fight an
orchestrated war.

For more info check out ALEX KRAINER

[Dreadboost]

Let’s be honest, Trump is responsible for the huge oil price increase. The financial system is a mess and has been failing for years, that’s not his fault but the peak of the current cost of living crisis is his fault. Everything is linked to the price of oil and the reason it’s so high is because Trump cucked for Israel and attacked Iran. The supply squeeze and problems caused by restrictions due to closure of The Strait Of Hormuz is all Trump’s fault.

Israel have been saying for 20 years that Iran is close to getting nuclear weapons and nothing happened but that’s the excuse for this pointless war. In all honesty Trump’s second term has been a total shit show. He ruined the Bitcoin bull market with his tariffs tantrums and he’s ruining everything again now. I’m as right wing as it gets but he’s been an abject failure.

You are right that Trump is the reason for the huge oil price, which has affected all the countries significantly. Many country economies are tied to certain global resources in high demand that if there is a spike in the price of those resources, the entire goods and services in the country, both the imported ones and the ones produced in the country, will be expensive. Causing inflation instantly.

The oil price has made a huge negative impact to my countries economy. The cost of electronics and the importation of cars, specifically, has cost more than an average citizen can easily afford. Moving to a world where the middle class does not exist again. It's either the rich or the poor.

[Smack That Ace]

Let’s be honest, Trump is responsible for the huge oil price increase. The financial system is a mess and has been failing for years, that’s not his fault but the peak of the current cost of living crisis is his fault. Everything is linked to the price of oil and the reason it’s so high is because Trump cucked for Israel and attacked Iran. The supply squeeze and problems caused by restrictions due to closure of The Strait Of Hormuz is all Trump’s fault.

Israel have been saying for 20 years that Iran is close to getting nuclear weapons and nothing happened but that’s the excuse for this pointless war. In all honesty Trump’s second term has been a total shit show. He ruined the Bitcoin bull market with his tariffs tantrums and he’s ruining everything again now. I’m as right wing as it gets but he’s been an abject failure.

You are right that Trump is the reason for the huge oil price, which has affected all the countries significantly. Many country economies are tied to certain global resources in high demand that if there is a spike in the price of those resources, the entire goods and services in the country, both the imported ones and the ones produced in the country, will be expensive. Causing inflation instantly.

The oil price has made a huge negative impact to my countries economy. The cost of electronics and the importation of cars, specifically, has cost more than an average citizen can easily afford. Moving to a world where the middle class does not exist again. It's either the rich or the poor.

Nah, like the member above pointed out, it's the Epstein Class behind all of this, not just Trump.

Sure, it's his term so we can pin it on him but let's not forget this is not the first or the only war in the Middle East the US started. It's not the first time they have stirred up global instability just to maintain their hegemony and keep the USD on top.

As long as the unipolar world order stay intact and these pedophiles are still running the show. We will keep seeing more of the same down the road.

[viljy]

Why do we need to blame someone personally? Everything that is happening is inevitable. The world has been heading towards this for many decades. So Trump is just a product of the era. The world no longer wants to feed America, so America will take its "food" by force. The hostility between the former Soviet republics didn’t actually arise "out of nowhere". It has been fueled for decades, starting with the hostility between fans of the Dynamo and Spartak football clubs. Similarly, with Iran and Israel.

Furthermore, the decline in birth rates and the aging of the population worldwide is nothing more than a self‑regulation of the human population. Under capitalism, a large population is needed both as a producer and as a consumer. But for what will come after capitalism, a large population will not be needed. After antiquity, the population shrank by almost tenfold, and the same will happen now.

So, even if someone else had been in place of Trump, the same thing would have happened anyway. The impact of enormous debts, and now also the creation of AI, is far more significant for history than the personality of the US president or other world leaders.

[rbynxx]

Trump is indicating towards Ukraine and Russia for price increase while he doesn't See's others perspective about him and he even doesn't know that he is blaming others on one finger while the rest 4 are pointing out towards him. The corrupt government are blaming Iran and US for instability just like ours who are increasing the price of basic necessities day by day because oil prices are going up.

The street movement in Pakistan is making it more difficult for the people especially for labour class. Traders are also worried with the current scenario and they want to shut down everything in a day or two. The military are calling civilians terrorists whom are taking part in protest against the government and other mafias. The oppressors are targeting oppressed. The religion is divided into sects and the people are divided into parties.

 Elites are taking advantages and then move to developed nations after being parasites for so many years. The revolution wouldn't take place because people are being compressed and blackmailed via targeting their families or catching their other weaknesses. Those who speaks loud are made silent. Whom to blame and where to go ?

The ordinary people always pays the failures of those who are in power. These global crises really affect the prices, but the rampant corruption happening in lot of countries, the poor planning and decades of mismanagement in government are the real problems. Police or military these days doesn't abide to the constitution but looking up to those who only seated thinking it's the one giving them salaries, no, it's from the people taxes, and it's the duty of the police or military to protect the civilians.

These political and religious divisions only making things worse. Pakistan or any other nations per se doesn't need another so-called savior or hero, but accountability, justice, and a functioning government is what we people all deserve. We all really want to live with dignity.

[Fortify]

Trump is indicating towards Ukraine and Russia for price increase while he doesn't See's others perspective about him and he even doesn't know that he is blaming others on one finger while the rest 4 are pointing out towards him. The corrupt government are blaming Iran and US for instability just like ours who are increasing the price of basic necessities day by day because oil prices are going up.

 Elites are taking advantages and then move to developed nations after being parasites for so many years. The revolution wouldn't take place because people are being compressed and blackmailed via targeting their families or catching their other weaknesses. Those who speaks loud are made silent. Whom to blame and where to go ?

Really Pakistan is completely insignificant and irrelevant when it comes to global politics. They dip their toe into things like the Iran war trying to be a mediator but it got nowhere and they get in these little tit for tat confrontations with India, but outside of that they have little actual influence. They are just a boat riding the waves created by other nations. The biggest nations of the world and their leaders will be setting the current pace. Trump is speed running trying to crash America into the ground as hard as possible. Putin is looking for some kind of legacy and distraction so he doesn't get strung up by his people for achieving so little. China is a sleeping giant that's currently going through a bit of economic turmoil and restructuring. Europe is fairly steady right now but has a lot of countries all with slightly different targets. You are right though that the elites, who control the media, do everything to redirect the attention of the average person away from their obscene wealth.

[Opiate32]

Whom to blame and where to go ?

Personally I don’t think blaming one person for every economic problem is always right. Rise in oil prices can affect not just a country but the whole world and the way that each country handles their situation is what matters. Two countries can possibly face the same global pressure and yet their citizens may face very different level of hardship and I believe this is where local leadership comes in. How public money is being managed, how corruption is managed and what the government does to protect the ordinary people is what will make a difference.

Blaming external factors is not always wrong but it becomes a problem when those factors are used to avoid accountability. People deserve to know which problems are beyond the government control and the ones that are the result of its own decisions.

[henmark]

Trump is indicating towards Ukraine and Russia for price increase while he doesn't See's others perspective about him and he even doesn't know that he is blaming others on one finger while the rest 4 are pointing out towards him. The corrupt government are blaming Iran and US for instability just like ours who are increasing the price of basic necessities day by day because oil prices are going up.

The street movement in Pakistan is making it more difficult for the people especially for labour class. Traders are also worried with the current scenario and they want to shut down everything in a day or two. The military are calling civilians terrorists whom are taking part in protest against the government and other mafias. The oppressors are targeting oppressed. The religion is divided into sects and the people are divided into parties.

 Elites are taking advantages and then move to developed nations after being parasites for so many years. The revolution wouldn't take place because people are being compressed and blackmailed via targeting their families or catching their other weaknesses. Those who speaks loud are made silent. Whom to blame and where to go ?

The ordinary people always pays the failures of those who are in power. These global crises really affect the prices, but the rampant corruption happening in lot of countries, the poor planning and decades of mismanagement in government are the real problems. Police or military these days doesn't abide to the constitution but looking up to those who only seated thinking it's the one giving them salaries, no, it's from the people taxes, and it's the duty of the police or military to protect the civilians.

These political and religious divisions only making things worse. Pakistan or any other nations per se doesn't need another so-called savior or hero, but accountability, justice, and a functioning government is what we people all deserve. We all really want to live with dignity.

USA will blame Russia, Russia will blame Ukraine, UK will blame China, and so forth. We are not going to have a real excuse. But you are right; mismanagement by the governments is the real reason.

In fact, so much so that I believe it is intentional, and we are seeing things not getting better because leaders of the countries (and senators, etc.) do get paid to keep it going worse. For example, the USA did not have a great economy, but it wasn't this bad back when they didn't have the Iran war, correct? So simply not going into war with Iran, would have kept the economy better than what it is today, or the tariffs that Trump tried- it was not amazing before those, and yet those made it worse.

As you can see, even with just one president and one country, we saw two decisions that made it worse. Meaning that mismanagement is the reason, but what prompts these politicians to make a nation worse? I would say that it is that "reason" which could help us; if we just find the "why" part of why leaders make their countries worse, then we can stop them and get better.

[Cryptomultiplier]

You can blame all the world leaders, including the leader of your own country. They all play a part in this. As long as such terrible leaders remain in power, the world will keep getting worse. They do everything they can to make the rich even richer. They've wiped out the middle class. People are finding it harder and harder to make ends meet every day. How long do they think this can go on? Sooner or later this system will come to an end, but it won't happen quietly or without pain.

Economic crisis so far is as a result of bad government policies, whether it is the U.S making policies to oversea other countries they think are lesser or making interest rates higher so as to affect other countries, it is the policies and decisions the government make that result in economic disasters, central bank mistakes, financial greed by those in power and most of all, the global shocks that come unexpectedly across the entire system as a result of all the policies each government of each country wanting more power enact, that results in the global economic disaster we experience.

 So it isn't just the work of one single bad actor wanting power for himself, it's a domino effect as response to all the policies made.

[Italian Panic]

Economic crisis so far is as a result of bad government policies, whether it is the U.S making policies to oversea other countries they think are lesser or making interest rates higher so as to affect other countries, it is the policies and decisions the government make that result in economic disasters, central bank mistakes, financial greed by those in power and most of all, the global shocks that come unexpectedly across the entire system as a result of all the policies each government of each country wanting more power enact, that results in the global economic disaster we experience.

 So it isn't just the work of one single bad actor wanting power for himself, it's a domino effect as response to all the policies made.

I agree with the causes you described, and I would add that, for example, in the case of Europe, the problem lies in excessive bureaucracy, which has led to absurd legal constraints for those who want to start a business; as a result, opportunities have been missed that others have seized.
Since money doesn’t disappear but simply shifts from one place to another, when there’s a crisis in one place, liquidity and wealth are created elsewhere, so someone is benefiting greatly from the current situation.

[HyperCodexV]

Trump is indicating towards Ukraine and Russia for price increase while he doesn't See's others perspective about him and he even doesn't know that he is blaming others on one finger while the rest 4 are pointing out towards him. The corrupt government are blaming Iran and US for instability just like ours who are increasing the price of basic necessities day by day because oil prices are going up.

The street movement in Pakistan is making it more difficult for the people especially for labour class. Traders are also worried with the current scenario and they want to shut down everything in a day or two. The military are calling civilians terrorists whom are taking part in protest against the government and other mafias. The oppressors are targeting oppressed. The religion is divided into sects and the people are divided into parties.

 Elites are taking advantages and then move to developed nations after being parasites for so many years. The revolution wouldn't take place because people are being compressed and blackmailed via targeting their families or catching their other weaknesses. Those who speaks loud are made silent. Whom to blame and where to go ?

That political revolution will likely never come in our era because the oppressors have mastered how to compress the masses. So instead of fighting a broken system, the clever move for the oppressed citizens is to seek a digital exit through decentralized technology and the available global remote work. If you can use internet available tools to learn and master a good high income skills or earn good money in a stronger currency, then you will break that yoke of freedom from local inflation. There will be no reason to burn down the board game to win.

[IjawMan]

We can run into deep philosophical discussion and blame everyone for global economic disaster. Some people we would blame for starting wars or shaking worlds economy (as well as those who have allowed them to be on positions they are now). Other people we could blame for letting all that to happen by being passive and doing nothing. Partly, everyone are responsible for taking active and passive actions towards changes in economy.

World leaders plays a critical role in how the world has turned to be, their decisions actions and inactions on wars, economy, environment and how they protect human rights, all of this predominantly will determine how the world works

Blaming the catastrophic conditions ofthe socio-economic realities the world have become on the ordinary man who does not have access into the buildings where these leaders seat to make decisions as it affects every damn person and the environment is injustice to them.

This elites controls information , the global economy, the military are under their command and to the media all in their control. What will you want the common man working to make earn meet to do under a helpless condition he has been contained into.