
A joined up approach to all these
Cause, effect and systems failure –
a new way of analysing and solving some World Problems
The recent Global financial collapse was the result of a massive systems failure, combined with the greed of financiers selling credit to those who could not afford to repay, together with mis selling these bad loans on to other financial institutions, which completely failed to check whether what they were buying was financially sound.
But the truth is that the Credit Crunch could have been predicted, if anyone had taken a proper look at how the whole system was structured. The whole world economy has been shown to have been underpinned by fantasy economics and not one of the thousands of involved financial, economics experts or politicians seemed to understand that the whole financial model was completely unsound. The latest estimate (March 2008) is that the cost of this fantasy economics due to the credit crunch is £8,000 billion (it is now trillions October 2008) which would probably have been enough to solve most of the World’s energy, health and food problems if spent wisely. By September 2008 with the collapse of the USA’s and two of the world’s largest financial institutions Fannie Mae and Freddie Mac and the UK nationalisation of some of our biggest banks and the collapse of Icelandic Banks and a whole country’s economy this figure probably can’t even be calculated.
In the modern world we surround basically simple concepts with masses of unnecessary complexity, with those people delivering an output overseen by huge numbers of bureaucrats whose job is to police the system that isn’t working in the first place.
This isn’t to say that issues such as medical ones are not very complex, indeed they are, but the cause and effect behind the systems, if looked at sensibly could lead to much simpler, more effective systems..
IWe think we need to simplify our thinking using common sense and use this new thinking to analyse each problem.
One way to do this (perhaps you have your own) is to look at the:
Cause > effect > current system used has this fixed problem > remedies > leading > to design and implementation of new system more clearly linked to change
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