Economy crashing!

The reason of economic crash is not so simple and this is the result of very complex global reasons. Therefore, this can be tackled only by taking suitable steps on global level.

Only one thing caused this crash. That is OPEC boosting the price of oil so high. When the prices of diesel fuel went so high the trucking companies that hauls all the consumer goods had no choice but increase their charges. This caused a domino effect through out our entire economy. Everyone from the producer to the consumer were raising their prices to cover their cost increase. Housing was probably the fastest increase. Everything has gone so high people have had to cut back on some of the junk items they were buying. Much of our economy was being supported by the sales of these junk items. Junk items include anything you don't have to have to survive. The crash of the housing market put a lot of people out of work. Any of the producers of the junk items that are forced to cut production or shut completely down will put a lot more people out of work. A lot of the consumers on the lower end don't have money top spend like they did in times past. This trickle down stuff they talk about is crap. The economy depends on money being fed into the economy starting at the bottom with the poor all the way up to the rich. The consumer buying their every day needs and wants is what feeds our economy. This has slowed down and the economy is showing it. If this trend continues our economy will completely crash. That's when your better be able to at least produce enough food and water to keep you alive. If there is nothing on the shelves to buy your money is worthless and this could happen real easy. All it would take is for too many of the trucking companies to have to shut down.

Because none of the people making these decisions up there in washington, have EVER had to work for a living!! THey have not been on the bottom end of the ladder where it all starts. You stop the waitress's from working because they are layed off cause people can't afford to eat out, they don't get tips from thos that do and they don't have the money to spend on things to generate the economy. Waitress, just an example. All these people up there have had wealth their whole lives or at least for the many years they have been there - haven't made their own car payment for decads as it is provided for them but the tax payers that pay their salaries. THey have never done without health insurance, have bottomless expense accounts and so many things provided for them that the rest of us have to slave away at work to earn the money to buy and if we can't earn the money to buy, we can't buy and do without - - that is what stops the economy, not intrest rates. Interest rate could be `1% but if you don't have the income to afford that 1% you can't buy - that is what cause the foreclosue devistation... a low interest rate was offered and the buyers were told they QUALIFY for the loan and the idiots went ahead and signed the dotted line without looking into whether or not they could AFFORD that payment of that loan. They couldn't so down went the economy.

It is true that all the effort are direct towards other sector and this has led to neglect in the agricultural sector. As we know all products in this world 90% are from Agribusiness, some focus needed to be centred towards reviving agriculture to restore the looming food shortage that we are facing in most part of the world. Industrial products are also essential to sustainability of the economy but we should not direct all focus at the expensive of Agricultural industries.