The Financial crises as a challenge :

In the 1970s’, politics seemed to bury the ideas of Keynesian economics. Politicians were not applying his theory correctly and seemed to utilize our tax money to catch votes using popular policies. Keynes (1883-1946), a British economist, had a simple theory based on circular flow of money; i.e. when one person spends money it goes towards another persons earnings and when that person spends they are supporting another persons earnings. The circle continues thus supporting a normal functioning economy. Keynes advocated that the authorities should invest, in order to create demand and make money.At the end of 2008, authorities have put 2000 billion worldwide into the economy so you can speak about governmental revaluation. The stock value of companies was systematically too high compared to the real value. Banks must now return to acting as the financial buffer between governments, industries and consumers. Society needs a strong authority and a strong business world. One way to improve the economy is by employing a green economy. This can be done by using solar and wind energy; and by following the plans of the European governments to decrease the CO2 emissions by 20%,decrease energy consumption by 20% and increase durable energy by 20% by the year 2020.

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