Economic Crisis: Solutions Essay

orbiculate crisis is clearly felt straightwayadays, not only by third manhood countries but also by the richer and industrialized countries. Uprisings argon recurring in different parts of the world by masses who want transmute and a better life. point in our country, the crisis is getting heavier each day. simply then the real question is not the what, but more so, the how. How do we really resolve this problem? It is not unknown to us that the Philippines is in fact a country rich in natural resources.Even if the worst comes, we can certainly sustain our living on our own. provided what is happening now? Why are we poorer than we were before? One of the problems is our human relationship with the country United States of America. They are currently exploiting both our natural and human resources. In addition to that, we are trying to bail them out from their stinting crisis by paying our debt to them, in turn ignoring the needs of our own. The government now is trying to lessen our debt by paying them little by little. just now then who is suffering? The people. Right now, the rich countries are continuously proper richer, and the poor, poorer still. They are feeding gain of us. The solution cut our dependence to them. approximately might that the US is the major source of investments in the country. But the magnetic core is short term only. Once they pull out the capital that they invested, our economic system would instantly run down the negative slope. So evidently, we cant immediately cut our connection to them. I say we fail off small at first.For one, the government could redistribute the lands of the landlords to the farmers because small scale industries are much of a help in our economy. And also by doing this, we are not giving the control to our agricultural economy to few people only. Second, major companies in the country should be mainly owned by the Filipinos. It invests the people jobs, the country higher internal revenue and we prevent them from over-exploiting our nickel-and-dime(prenominal) human resources. Third, as a student and a scholar, academics should learn how to give back to our country.The youth and the intellectuals should be utilized in our own country, not abroad. We have enough bright minds here in the Philippines to device plans and start companies that may be beneficial to our economy. We can undoubtedly stand on our own. It is just that we were born on a mindset that we can never be independent. We can live without the help of the United States. There should be change, no matter how small it is. We should start on our own selves. A million small changes when combined can definitely make a large difference.