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Money is a very important tool in the economy for buying and selling, investing, trading, borrowing and lending, and budgeting. There is talk and news about the global economy crisis affecting all countries, from rich industrialized nations to poor agricultural ones. All countries currencies which used the American dollar for conversion, trading and investing are affected. The USA itself has had many corporations in the auto industry to banks in the mortgage housing industry going through possible bankruptcies. The new government in the White House is working on an economy stimulus bill worth almost $800 Billion USD to be invested in various industries and non-profit sectors to maintain and stimulate the economy. Ordinary working class people are losing their jobs in certain industries and thus their houses too unable to pay mortgages. Employment insurance in the USA and Canada are saving some of those who have lost their jobs until they can find other jobs. The foreign wars which pay for armaments and bombs are also straining the budgets of USA and Canada because money that could be spent on investing locally or helping the poor is being used to build and buy guns and bombs and send soldiers to Middle Eastern countries. Until peace is negotiated there this drain continues to take large chunks out of the national budgets. Poor civilians become rebels there unhappy with their governments handling of foreign forces. There should be more emphasis on foreign investments to develop the poor countries, but media news tend to focus only on the conflicts. For those who are still working in their jobs, they can maybe help the economy by spending more instead of saving. Local businesses would be grateful. Unemployed people should continue job searching even in survival jobs that simply pay bills or maybe get training for jobs that are available, and meantime, with no income, spread your savings by spending it on necessities such as rent and food, instead of luxuries such as cigarettes and alcohol. Even the average person can be part of solving the economic crisis, not only the bankers, investors, ceos, shareholders, and government staff. The rich can help the poor by employing them or donating to charities and non-profits which provide services and shelter and food. The churches can provide spiritual guidance, support and fundraise to help the needy. Neighbours can give and take and families can share resources. Together we can all help each other and save the economy from its downfall, cent by cent, dollar by dollar. Save for the necessities and spend on businesses you like, but avoid vices and unnecessary luxuries until you have more. Keep positive spiritually and share when you can with love ones and less fortunate.
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