Better life, luxurious life styles are what a vast majority longs for. Similarly every country wants a stable and growing economy to meet the needs of the country and that of each citizen. Good and stable economy is central to the nation’s political and influential strengths.

Global Economic system is based on interest-based economic systems. It has brought the world to a brink of destruction.

Apparently it’s a system which suits the masses. A bank will sanction you a loan to buy a car. You will get it. You can improve your lifestyle in general as a result of interest-based loan. A quick transformation in your life style is achieved in a shorter period without putting in much of an effort; fair enough.

Now comes the next step of returning back. With high interest rates you will find it difficult to return the loan even in installments. You will have to cut-off your expenses. A time will come your basic needs will outgrow your income and this is called “inflation”. You have slowly lost the control and balance in your economic life result is you are losing capacity to buy the commodities you need.

Expand the phenomenon to national level and assume its repercussions. A nations industry will flourish at the time when people are “artificially “rich as a result of interest-based banking. But when inflation starts entailing then country has to rely on export of its products.

Now starts a tussle to expand ones exports. Only those countries survive who are superior militarily and are more influential.

This incites hatred and negative sentiments which culminates either in direct wars or proxy wars and illegitimate occupation of naïve countries.

If we take a deeper look into the history World War 1 and World War 2 resulted as a result of graving economic conditions. The then superpowers started illegal invasion of weaker countries which haunted the adversaries and wars were the results. Imperialism and Colonialism had its roots in economic unrests in the developed countries.

Now in contemporary world the dimensions and principles of war have been altered by dominating powers. The unrests in many parts of the world especially in the Middle East are manipulated and incited and are artificial in nature.

All the countries allied to United States in support for his illegal conquest of the weaker nations in Asia and Africa, want the “reward” for their participation in the form of wealth. Middle East is rich in oil resources and Africa is rich in mineral and metals including Gold.

Those allied with United States and those trying to counter them (Russia), have a subtle purpose which is dominant,

“To make their economies better and stronger” but why so much nuisance is required to meet economic needs. Is because

“Each nation has to cope with the interest-based economic system” which is artificial in nature but is deep rooted in the name of “Capitalism”.

The post Interest-based economic system is resulting in wars appeared first on Ghana Live TV.