To date, it can be argued that the whole world lives on the principle of “money decides everything”. All spheres of life and all aspects of a person’s life directly depend on financial resources, namely their values. At the same time, money, so to speak, is not concerned about the fate of mankind, they simply move and create new money.
For the convenience of moving money, a world financial system based on the global financial market was created. In fact, today almost every center created in the world works.
Undoubtedly, this is a convenient and very effective mechanism that creates economic progress. However, this mechanism, like the money itself, does not care about the good of mankind – it strives to accumulate new means.
Over the past decades, the creation of new money through the production of goods and services has given way to transactions for purchases/sale of assets in financial markets. Moreover, the large prices of prices, the more money will be created. You just need to be able to organize them. Modern technologies make it possible to make a profit from the actually “virtual space”.
Today, the created product product created by orders is inferior to the circulation of the global financial market, which has long turned into an autonomous powerful system.
The current crisis revealed the serious problems of the modern economic structure and unexpectedly for us turned into a systemic crisis. Soon the global financial market and the entire system can plunge into chaos.
It should be noted that the modern financial and economic model of the world has serious problems. The main of which is an uncontrolled price movement. However, it seems that the world elite has no idea how to “rebuild” the financial architecture of the world.
Analytics experts argue that the first thing you should regulate the process of transactions in financial markets. But how to do this is not known for now.
Another most important problem that the crisis revealed is the lack of reliable global money. The current world financial system produces the issue of funds, regardless of the interests of states in it. This is not only not fair, but also harms world financial stability.
Probably, the time has come to create and start the functioning of the global emission center, whose global money can be formed on the basis of national currencies of leading countries.
The modern financial and economic system was created on the basis of the idea that world economic integration and the process of globalization lead to an increase in economic well-being. However, in practice, this contributed to the spread of the financial crisis to the whole world.
Today the most important priority is the search for the only right path from the economic crisis. But a crisis is not only difficulties, but also, despite the most pessimistic forecasts and collapse of the world economy, a step for development.