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RE: Ultra Rich Became 20% Richer in 2017, Meanwhile the World Economy Crumbled from Money Manipulations

in #money6 years ago

This world is a cruel place. One's gain is others loss. In India, numbers of billionaires is increasing every year. It is said India's GDP is fourth largest in the world but are Indians getting rich? Is this making our life pleasant? No, these super rich are blood thirsty leaches. They are sucking every drop of blood from poor and letting them die.
Unemployment is increasing in India day by day. Small businesses are closing. Social unrest is increasing. Banks are on verge of collapsing. On politicians instance banks provided credit worth trillions of dollars to super rich who became loan defaulters. Many of them fled from the country. Banks are charging ordinary clients for the loss. Banks earn millions of dollars from poor clients who can't afford to keep minimum balance in their accounts. Government is forcing people to keep money in banks. Banks are not allowing to withdraw cash Over a certain limit. They are levying penalty if a person has done more than stipulated transaction in a month. Government is forcing people to go cashless. People are mostly illiterate there. They don't have means to transact through online means. Online marketing is harming small shopkeepers. Online Wallets charges fee for their use.
In a short its a vicious cycle. It is not democracy. It's system to drain money from poor and to supply it to super rich.