Why is the Global Economy like this?

By Cornelis Bal

Have you ever wondered just how our current global economy came about-and how its laws and regulations rule and influence our lives?

In this commonsense discussion of world economi

• Language: English
• Publisher: BookTrail Publishing
• Release date: Apr 5, 2021
• ISBN: 9781637670804

Cornelis Bal

Cornelis Bal is a mechanical engineer with a long and great interest in how world society is organized. He has travelled all corners of the world for his present job as Vice Precident of LIN SCAN, providing inspection of life pipelines with robotic equipment. As such he has looked at the world economy and the job market from a totally different angle.

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Copyright © 2021 by Cornelis Bal

Paperback: 978-1-63767-079-8

eBook: 978-1-63767-080-4

All rights reserved. No part of this publication may be reproduced,

distributed, or transmitted in any form or by any electronic or mechanical

means, without the prior written permission of the publisher, except in

the case of brief quotations embodied in critical reviews and certain

other noncommercial uses permitted by copyright law.

This is a work of nonfiction.

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Contents

Preface

Chapter 1: Introduction

Chapter 2: The Laws of Economics

Chapter 3: Analysis and Predictions

Chapter 4: Solution

Chapter 5: Conclusions

Preface

This book discusses:

the way out global economy is structured

how this structure rules our lives almost completely

Why we accept that structure

Suggestions for how we can the change economic structure

It is a little book because if I cannot make my point in a little book, I can certainly not make it in a big book.

I have used common sense. The language is as simple, making it understandable for everyone.

I have refrained from using elaborate mathematical models to support my opinions and conclusions as I feel they will confuse the issue.

My father used to say, You don’t have to pick dog shit to know that it stinks.

So instead, if have used the broad developments in history (kings losing their power, technological achievements, etc.) that were considered impossible at the time but they did come through, to show how humankind has evolved and to predict the future.

Another person in my life who I insist to mention is my wife, Susan. She loves me, and I love her more than anything else in this world.

I also wish to thank all the authors, lecturers and others from whom I have accumulated the wisdom expressed in this book.

CHAPTER 1