Solving the World Economic Crisis: Part IV

About
Here are a few answers to questions as well as some considerations to take into account regarding this concept in solving the current world economic crisis.

Your Thoughts
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Level 1
What do you think the conditions for acceptance to Level 1 should be?
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Condition of Acceptance :: Basic Signup Agreement (All Levels)
We the country of (State Country) do hereby wish to apply to be accepted into this new era of economics and sustainability.

We also hereby accept to be held accountable to all conditions laid out in the terms of conditions now and in the future.

We also acknowledge that although we as humans may wish to outwit the laws created by us (Human Race), we are still bound by the laws of Karma as well as all spiritual laws created by God (which ever form He/She may wish to take).

Hence violating any of the terms or conditions, we (the government/leaders of the country) will be held responsible and may face serious charges ranging from acts of fraud and corruption up to gross human rights violations which will be dealt with by the International Criminal Court accordingly.

And as we may have the desire to outwit the laws of the human race and not be found guilty of any wrong doing, we may however still have to work out our Karma according to spiritual law in this and future incarnations.

In short, we hereby take on the responsibility to uplift the lives of all our citizens and not to enrich ourselves or any specific group (family, friends, business partners, etc).
Level 2
What do you think the conditions for acceptance to Level 2 should be?
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Condition of Acceptance :: Basic Signup Agreement (Level 2)
In conjunction with the previous signup agreement(s), We the country of (State Country) do hereby wish to apply to be elevated to Level 2 status.

With being at Level 2, we hereby confirm to relieve our citizens from further financial obligations which was in the form of tax, levies, and any other User-Pay principles. As such, these financial obligations will now be moved over to "The Bank of Atlantis".

In accordance with other conditions of acceptance, we acknowledge that we are subjected to annual and random audits to verify compliance with being at Level 2 as well as the the detection of fraud, corruption, and any other criminal activities.



Question: What happens to the "Tax Collection Amount", do they get to introduce new taxes?
A condition could be imposed that if a country is at Level 2, then no new taxes can be introduced. In other words - the "Tax Collection Amount" becomes a fixed amount once a country is at Level 2. Also if a country requires additional funding then they have to consider signing up for Level 3.

Question: What if a country introduced new taxes upon its citizens to somehow increase the "Tax Collection Amount" before signing up for Level 2?
This will have to be looked at by the relevant department. But it will more beneficial to the country in question to rather signup for Level 2 as well as Level 3.

Question: What happens to the Revenue services and its employees at Level 2?
This is open for debate. They could redefine the method of operation, scale back, we may still be required to file returns in order to track corrupt practices, or maybe prepare for level 3 as a means to pay citizens. Thus it becomes a "do not know yet" answer.
Level 3
What do you think the conditions for acceptance to Level 3 should be?
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Condition of Acceptance :: Basic Signup Agreement (Level 3)
In conjunction with the previous signup agreement(s), We the country of (State Country) do hereby wish to apply to be elevated to Level 3 (Golden Age) status as to increase our citizens living experience to an even higher state of being.

With being at Level 3, we hereby confirm to relieve our citizens from additional financial obligations which was obtained/incurred from water, sanitation, energy, health care and other services rendered. As such, these financial obligations as well as additional financial requirements in obtaining/implementing the latest technology (where appropriate) will now be moved over to "The Bank of Atlantis".

And in accordance with guidelines/requirements stipulated, we hereby also confirm to financially aid our citizens in the form of a monthly income which will again be provided by the "The Bank of Atlantis".

In accordance with other conditions of acceptance, we acknowledge that we are subjected to annual and random audits to verify compliance with being at Level 3 as well as the the detection of fraud, corruption, and any other criminal activities.



Question: Will Governments not be reluctant to signup for Level 3?
For larger countries this might be a possibility as the "Tax Collection Amount" they receive at Level 2 could sustain them for years. It is the smaller countries that will most likely signup for Level 3 as they need some additional funding for projects and infrastructure development. Basically it comes down to 1st world countries and 3rd world countries seeking secure financial resources.
Overall Considerations
Do you have any other thoughts about this solution?
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Question: How is this going to solve our debt problems?
When we focus our attention on what we do not have then that is what we see. So if we focus on what we have then we can focus on what we can do with it. That is why people see poverty and think they have nothing, yet they may have other resources and their disposal but they only focus on the fact they do not have financial resources. So it will serve us more to focus on what we have and find ways to use it to the benefit of all. We have technology, let us use it. We have solutions, let us implement them. We have 7 Billion people on Earth, let us begin.

Question: I still don't get how this is going to solve our debt problems?
We focus too much on the concept of money and on the many ways of getting it. The concept of money was created by us, but it has spun out of control and we need to take control of our lives again. There are far more important things that we can do with our lives than be a slave to debt and the concept of money. If we start now by redefining our concept of money, then maybe we can rebuild family structures, communities, and the world at large. Let us see the world as our home and begin to clear out the clutter we have accumulated over many centuries past.

Question: What about the Exchange rate?
This is open for debate. But my thoughts are that the exchange rate should initially be based on a specific currency. Additionally for future consideration it will have to be looked at to somehow "Lock" exchange rates for all countries and slowly leveling them out to a ratio of 1 to 1.
Example: 1 U.S Dollar = 1 Euro = 1 ZAR.

Question: What about inflation and other economic considerations?
Again we are the creators of financial rules and regulations, as such we are capable of changing economic and financial equations/calculations. With this let us remove variables like inflation, deflation, interest rates, debt, and other terms from our equations/calculations as they don't serve our desires anymore. Let us minimize and simplify our lives with less complications and stress.

Question: Can a country be demoted to a lower Level, and can a country decide to Level down?
This may fall under the conditions of being accepted at specific Levels. But certain scenarios may force countries to be demoted to lower Levels. Let us hope that cases of corruption, fraud, and other habits of greed never occurs. Should it happen then the people of the country would most likely have to decide upon a new government (or new and stronger leadership) rather than being victims of malpractice.

Question: Who is going to pay for the Startup and the Operational Costs involved?
It can pay for itself. Just like this concept can transfer money to countries, so too can this concept be used to pay staff salaries, operational costs, and what ever financial obstacle may present itself. Remember that we created the rules when it came to financial systems, and we get to change it.

Question: What about the Military of countries?
It is open for discussion, but what about their function being redefined from protection to disaster management and recovery units, maybe some other world service/function as well. And as for their arsenal, maybe they can move to non-lethal weaponry until such a time where everyone is at level 3 or until another condition is met.
Share Your Thoughts
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Author Bio:
N.G van der Westhuizen is a software developer currently working on an Extremely Awesome Lotto database application.


W.E.C Solution (v1.0): Download
Solving the World Economic Crisis: Part I

Solving the World Economic Crisis: Part II

Solving the World Economic Crisis: Part III

Solving the World Economic Crisis: Part V


Additional Reading
Everything Still Costs the Same