Preventing the Financial Crisis Part II

European edition of Time magazine and Asia this weekend up the global financial crisis so far has not been discovered as its main news. Headline that says "How Can We Get Out of this mess?" Seems the pessimistic reflect on this crisis.

Because this edition is also on their coverage of the World Economic Forum held in Davos two weeks ago, the Time article and thought this would also describe the thought world leaders who attended the forum.

Time's interesting that this edition is the way they formulate the financial crisis origin is existing. According to the root of their problems this crisis is global imbalance (global imbalances) between borrowers and lenders who already take a generation past.

Unlike the image that awakened during this is that the borrower countries such as Indonesia and other countries a more severe economic; largest borrowers during this apparently is a country that always describe himself as superpower - who else if not the United States.

Still according to the magazine's engine driving the global economy during the American consumer is the extravagance with them even during the time they are 'eating' their homes to pay for keborosannya. When they no longer can make the house as' savings' (piggy banks) that hold the contents dikuras (through mortgage dlsb.) - But also to stop the global economic engine of this.

On the other hand there are countries of Asia, especially China's citizens save mad. There now pools of saving and reserve. No problem with the actual saving and reserve, but because of this predilection save money to make their own consumption a bit - so they rely on the national export market. Or in other words they do not consume much but rely on many other people's consumption.

the continuous of Impact is wasteful when the money runs out to pay; the stingy people could be get involved - they can no longer rely on the extravagant to buy goods produced by the niggardly.

Fundamental changes that need to be done so that this global crisis does not recur, among others, is encouraged in order to change the wasteful habits and start saving the consumption, at the same time encourage the miserly increase this consumption also start your own. With the way this is the balance of consumption and production will begin to awake.

Thought of the seemingly powerful world leaders who gathered in Davos is in fact already disclosed in the Al-Qur'an al Karim more than 1400 years ago. Paragraph that I quoted at the beginning of this paper one of the evidence, there is still a few more verses in the Qur'an that has same message.

So when Allah Subhanahu wa Ta'ala in Al-Qur'an does not command us to be too stingy nor too extravagant - presumably not just for the good for ourselves, but also for the good of the entire population of the world. Subhannallah, True God Almighty with His word.