Top 5 World Problems – Week #4

Ranked: Most Serious to Least Serious

1.      Fiscal Crisis

§  Problem:​ A global financial meltdown would affect the livelihoods of everyone. In fact, the global financial bubble has burst. It reflects the greatest regulatory failure in history.

➢   Solution: If I knew the solution to this problem, I would be rich! Most economists seem to agree that tax cuts do provide a stimulus to the economy. It provides more flexibility to those who want to save more or spend more, they can.

2.      World War (Nuclear Proliferation and potential threat of nuclear terrorism)

§  Problem:​  ​The global community has become interdependent, with the constant movement of people, ideas and goods; We have walked through a door that cannot be re­entered.

➢Solution:​ ​Our approaches to national and international security must be in keeping with the reality in which we live. ​But I would emphasize at the outset that, while much of our work must begin locally and regionally, we must not forget to think globally, because ultimately the existence of a nuclear threat anywhere is a threat everywhere, and as a global community, we will win or lose this battle together.

3.      Overpopulation

§  Problem:  ​ Once human population exceeds the carrying capacity, we have reached an undesirable overpopulation condition as it creates a depletion in natural resources and a degradation of the environment, as well as a rise in unemployment and the equilibrium price will change based on supply and demand.

➢   Solution: Education – sex education and family planning, as well as information on efficient birth control.

4.      Freshwater Crisis

§  Problem: As human populations grow, so will the problem of clean freshwater availability. One-fifth of the world’s population live in areas of water scarcity.

➢   Solution: Improvements in the efficiency of water use and water conservation through better planning, management and technologies.

5.       Sustainability

§  Problem: Resource scarcity in conjunction with an ever-growing population is still proving to be a major unsolved global challenge that should require more attention.

➢    Solution: Education is the best way to support and nurture a new generation of environmentally conscious citizens.

Justification: My choice come from a practical mindset. The last financial crisis led to large accumulations of debt, both public and private, and in fact, was caused by excessive debt. If our economy collapses everyone would be affected. Although there is a global financial crisis, we must begin at home to resolve our own issues. The other issues are basically global in scope, and while we could do our part, we would only be a portion of the world’s solution. All of the other problems, even though there is a global financial crisis, take collaboration and in a globalized world, it is hard to come up with standards that are going to fit every country or industry.

Top 5 World Problems – Week #4

Ranked: Most Possible to Implement to Least Possible to Implement

1.      Solution: If I knew the solution to this problem, I would be rich! Most economists seem to agree that tax cuts do provide a stimulus to the economy. It provides more flexibility to those who want to save more or spend more.

2.      Solution:​ ​Our approaches to national and international security must be in keeping with the reality in which we live. ​But I would emphasize at the outset that, while much of our work must begin locally and regionally, we must not forget to think globally, because ultimately the existence of a nuclear threat anywhere is a threat everywhere, and as a global community, we will win or lose this battle together.

3.      Solution: Education – sex education and family planning, as well as information on efficient birth control.

4.      Solution: Improvements in the efficiency of water use and water conservation through better planning, management and technologies.

5.      Solution: Education is the best way to support and nurture a new generation of environmentally conscious citizens.

Justification: Tax cuts would work for several reasons: private individuals and businesses use money more efficiently than governments do, and high taxes discourage work and investment. 

As a sidebar: the only real solution to our financial crisis and financial problems in general is to pressure the government to repeal the Federal Reserve Act of 1913 and demand that Congress again be allowed to create and control the money of our nation, as stated in Article I of the US Constitution. This is the simplest solution to implement from the problems/solutions listed above. It takes no collaboration of other nations or organizations.