One of the biggest fundamentals of western culture is formation of micro families instead of joint families. And here is how businesses in western countries like USA are flourishing on this very fundamental.
Every family in western culture force their children out of their house once they attend 18 years of age. This very point of time gives rise to a new economic cycle for businesses to vulture upon.
A newly separated teenager needs house, of course since he/she does not afford a house rents it at
keeping housing rental business up tick. End beneficiary housing business owned by major senates and ministers or their close connections.
Next thing he/she requires is his own vehicle to commute giving rise to vehicle loans and insurance covers. End beneficiary banks and finance companies charging interest on this loans owned by major politically affiliated business houses. BTW repayment schedule on an avg in USA ranges from 10 to 15 years keeping banks and finance companies earning interests at the cost of this micro culture leaving families separated.
Next comes the credit cards and payment wallets on which teenagers are most dependent for daily requirements of their lives with the notion that their payments are deferred for a month and when unable to pay at month ends allowing banks and finance companies to earn from interest pushing their purchasing powers to limits and to extent of they getting broke one day.
Next comes the companies selling products to drive away the boredom or loneliness that this culture infests the day they are seperated from their families. Biggest examples being casinos (Las Vegas), party clubs, all kinds of gaming, all kinds of online social networks, internet service providers, weekend hiking clubs, mini vacation clubs, internet devices such as mobiles, internet equipment, Televisions and their subscriptions like dth, netflicks, etc.
Next comes the companies selling sin products like cigrates, liquor, etc. to keep teenagers busy to drive this boredom.
Next comes the pharma companies who are the biggest beneficiaries. Side effects of micro family culture is emotional vacuum created by this separation of families in each of family members giving rise to all mental diseases you name it and they have it. Due to tiredness of living and doing all chores micro families end up consuming food stored in their refrigerators for days to gather without realizing the dangerous health hazard they possess. One estimate shows that every third American is a Cancer patient. End Beneficiaries Pharma companies, hospitals, physio consultants, diagnostic centers, etc.
An estimate suggest that 70 to 80% of teenagers from Asian countries leaving for livelihood to western countries do not come back home leaving their ailing parents in the hands of paid maids. These Asian teenagers not only lose their culture behind to adopt western micro family culture but ignore the social sacrifice they make against economic benefits leaving a unimaginable cultural void behind as their kids follow the same western micro family culture eventually detaching themselves unknowingly from their roots.
The above can be said of every individual leaving his/her family from small towns and villages to more prosperous cities within the same country
The list is endless.
Now just imagine living in joint family culture all above expenses/cost of living separate will just vanish in front of your eyes and this is what whole of Asian culture is full of in many Asian countries especially in India.
In short if USA wants to save it self from next Lehman Brother like fall. It will have to adopt and encourage joint family culture. Lehman Brother a 150 year old bank in USA went bankrupt just because of micro families defaulted in paying their loans after a 20 year cycle ended.
Western Micro family culture is major reason for number of homeless increasing by the day in Western countries like USA.
Every family in western culture force their children out of their house once they attend 18 years of age. This very point of time gives rise to a new economic cycle for businesses to vulture upon.
A newly separated teenager needs house, of course since he/she does not afford a house rents it at
keeping housing rental business up tick. End beneficiary housing business owned by major senates and ministers or their close connections.
Next thing he/she requires is his own vehicle to commute giving rise to vehicle loans and insurance covers. End beneficiary banks and finance companies charging interest on this loans owned by major politically affiliated business houses. BTW repayment schedule on an avg in USA ranges from 10 to 15 years keeping banks and finance companies earning interests at the cost of this micro culture leaving families separated.
Next comes the credit cards and payment wallets on which teenagers are most dependent for daily requirements of their lives with the notion that their payments are deferred for a month and when unable to pay at month ends allowing banks and finance companies to earn from interest pushing their purchasing powers to limits and to extent of they getting broke one day.
Next comes the companies selling products to drive away the boredom or loneliness that this culture infests the day they are seperated from their families. Biggest examples being casinos (Las Vegas), party clubs, all kinds of gaming, all kinds of online social networks, internet service providers, weekend hiking clubs, mini vacation clubs, internet devices such as mobiles, internet equipment, Televisions and their subscriptions like dth, netflicks, etc.
Next comes the companies selling sin products like cigrates, liquor, etc. to keep teenagers busy to drive this boredom.
Next comes the pharma companies who are the biggest beneficiaries. Side effects of micro family culture is emotional vacuum created by this separation of families in each of family members giving rise to all mental diseases you name it and they have it. Due to tiredness of living and doing all chores micro families end up consuming food stored in their refrigerators for days to gather without realizing the dangerous health hazard they possess. One estimate shows that every third American is a Cancer patient. End Beneficiaries Pharma companies, hospitals, physio consultants, diagnostic centers, etc.
An estimate suggest that 70 to 80% of teenagers from Asian countries leaving for livelihood to western countries do not come back home leaving their ailing parents in the hands of paid maids. These Asian teenagers not only lose their culture behind to adopt western micro family culture but ignore the social sacrifice they make against economic benefits leaving a unimaginable cultural void behind as their kids follow the same western micro family culture eventually detaching themselves unknowingly from their roots.
The above can be said of every individual leaving his/her family from small towns and villages to more prosperous cities within the same country
The list is endless.
Now just imagine living in joint family culture all above expenses/cost of living separate will just vanish in front of your eyes and this is what whole of Asian culture is full of in many Asian countries especially in India.
In short if USA wants to save it self from next Lehman Brother like fall. It will have to adopt and encourage joint family culture. Lehman Brother a 150 year old bank in USA went bankrupt just because of micro families defaulted in paying their loans after a 20 year cycle ended.
Western Micro family culture is major reason for number of homeless increasing by the day in Western countries like USA.
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