The current economic method cannot continue to exist in a global-integral world
Key Points
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When every country is connected by trade and financial ties, irrevocable interdependence is created.
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The global crisis has exposed the extent to which the fate of all counties is linked to each other in a global-integral world. Solutions that relate to only one country are inapplicable, and resolving this global crisis is possible only through a systemic solution that takes into account the interdependence among countries.
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Every measure taken by world leaders to resolve the crisis has failed and bewilderment regarding the proper means of action prevails.
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The key to resolving the crisis is in closing the gaps between the laws of the global-integral world and the self-centered, competitive economy. It is vital to adapt the economic systems to the principle of mutual guarantee, in which all are guarantors of each other’s well-being.
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It is imperative to provide information and education and to create a supportive environment so we can connect in mutual guarantee.