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(Precious) Words of Wisdom : "Wall Street makes its money on ACTIVITY, you make your money on INACTIVITY." ~ Warren Buffett

Simple Solution to Financial Crisis, Global Warming and Terrorism

Today the world is facing three major crises. These include Financial Crisis, Global Warming and Terrorism. To solve these problems, we need to understand and attack the root cause rather than trying to just cure the symptoms superficially.

If one were to give some thought to these issues, one would realise that the root cause to all three of them is one - yes one simple factor has created such a disastrous situation, which is destroying millions of lives across the world. And that factor is - Wasteful Living.

a) It is because of the Wasteful Living that many of us living way beyond our means. We have no money, but want to get more and more of everything. It is a ‘grab this, acquire that’ mentality. To meet these unbridled wants and desires, we have leveraged and leveraged and leveraged. And now when the bubble has burst - we have an unprecedented Financial Crisis on our hands.

b) It is the Wasteful Living that has made us use the natural resources indiscriminately. We have thus slowly but surely destroyed our environment. Temperatures are rising, glaciers are melting, sea levels are going up, summers are getting hotter, weathers are getting fickle, and what not. In short, if this reckless overuse and destruction of environment continues, humanity would soon be history.

c) It is the Wasteful Living which has made people live ostentatiously (and that too on borrowed money). And to achieve this end, we have exploited every possible means; we have bent/broken rules; we have created wars; and what not. This exploitation and shameless lifestyle has naturally evoked hatred. Terrorism is nothing but the manifestation of that hatred.

So the simple answer to all problems is Simple Living.

1. Thru' Simple Living we will use our finances judiciously and hence avoid money-related problems
2. Thru' Simple Living we will use our the natural resources more sparingly and thus avert climatic disasters
3. Thru' Simple Living we will give up exploitation and thus remove the very basis of Terrorism.

I hope people realise the virtues of Simple Living – and soon enough too – before the so-called Doomsday is inevitably upon us. We owe it to our future generation. Or else there simply may not be any future generation.




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