The Unseen Warning Signs of a New Financial Crisis

The pressure to push the cashless society into reality is immense, and it is ushering in a new era of technological segregation. In this society, those who do not accept modern technologies in their daily lives will struggle to operate and survive. Banks stand to benefit from this control, as they can manipulate those who climb the ladder of power, maintaining their position at the top indefinitely. This system is driven not by the interests of life but by the illusion of convenience. However, the essence of life is indestructible, and this will inevitably lead to a new class war, potentially degenerating into a civil war.

The transition to a cashless society is being driven largely by the banks, who control the flow of money and technology. Consider the plight of beggars, for instance. In a cashless society, they will have no means to beg for money if they cannot charge their electronic wallets. This scenario arises as they struggle to find a place to sleep and eat. The irony lies in the fact that all of this is being done for the sake of illusory convenience, not the fundamental needs of humanity. A system should serve life, but life itself is indestructible and will find a way to thrive, no matter the obstacles placed in its path.

The Ecological and Human Impact

The way financial crises have been handled in the past has led to ecological degradation, contributing to the spread of various diseases, including colds, flu, and pandemics. The crisis is not over, as the effects of its management are prolonging and causing other kinds of disasters that will take decades to resolve. These effects are likely not just environmental but also cultural, as defensive behaviors caused by continuous crises can deeply impact society. Banks, in this new era, are in a state of "steroids," not just in profits but in their exploitation. They are looting and stealing from credit card customers, and the disparity in savings rates has made it almost impossible for individuals to retain any financial stability.

Unethical Capitalism and Fraudulent Practices

The financial industry is not without its scandals and fraud bubbles. These events are not merely corrections but are, in fact, crimes for profit. Market crashes provide an opportunity for "sharks and bottom feeders" to purchase the remnants of failed enterprises at a fraction of their value. The system is revealing its true colors, and it is clear that the "correction" is not a neutral event but a distorted version of capitalism operating in its own interest.

America's great capitalism is on a borrowed timeline, needing to borrow 12 billion dollars a day to keep the economy functioning. But what happens when this borrowed time eventually runs out? The inevitable outcome is that the financial system will collapse, leading to a new financial crisis. The question is not if it will happen, but when. The signs are already visible, and the scramble for short-term gains is leading to long-term instability.

Conclusion

The transition to a cashless society and the resulting technological segregation are warning signs of a new financial crisis. These issues highlight the ethical and practical challenges of relying too heavily on centralized technological control. Life cannot be confined to the constraints of a system that prioritizes convenience over the needs of individuals and communities. It is crucial to recognize the true costs of such a system and to advocate for policies that support the sustainable well-being of all.

Keywords: Financial crisis, cashless society, technological segregation