Four Horseman

                In the film the Four Horseman there is a prediction of the American Empire collapsing. This means that the U.S. will eventually fall. Although it has been strong for many years, this is not a very good sign. Some reasons that led to this prediction are that it has been powerful and strong for more than 250 years now. The greatest empires are estimated to last around 250 years only. Other reason is that it is in such a point were people are exaggerated with luxury and things. This is due to the fear of not having enough because they feel the end is coming. There is already decadency in the American Empire.

               If the American Empire collapses it will also affect us in some way. It would not affect us as much as the people in the U.S. but it will still have a significant impact on us.  Many things in our life's would change. The benefits we receive somehow from the U.S. would no longer exist. The relations with the U.S. would totally change too. I think most countries in the world would be affected by the fall of the American Empire.

Colombian Monetary System

The Banco de la Republica is the only bank in Colombia in charge of providing legal money around the country. It regulates the amount of money that can be circulating according to the economy. It is in charge of regulating the inflation and unemployment of the country. The clients of the Banco de la Republica are other banks that exist in Colombia. These banks give money to the Banco de la Republica in order to keep their money as a reserve in an account they have in it.

All of this different entities work together with the Banco de la Republica to create the Colombian Monetary System. They are all essential in keeping the balance and regulating the money use. The Banco de la Republica policies are the strategy of inflation, and taking decisions according to the actual state of the economy. These bank is similar to the U.S. monetary system because when the money goes through the bank it becomes legal. It is the only way it is legalized. What might be different between the Colombian Monetary System and the U.S. is the central bank is different and both have different methods.


"Politica Monetaria". Banco de la Republica de Colombia. Banco Central de Colombia. Colombia. April 4, 2014. http://www.banrep.gov.co/es/politica-monetaria

"Funciones del Banco de la Republica". Biblioteca Luis Angel Arango. Bogota. April 4, 2014. http://www.banrepcultural.org/blaavirtual/ayudadetareas/economia/econo85.htm

Fractional Reserve Banking System

The fractional reserve banking system consists of four main steps. The first step is the central bank, who creates the paper money. The second, is the government putting the money in the bank and this way legalizing it. The third one is the bank giving loans to people. The fourth is people having to pay the loans at a bigger price due to interests. Then, the cycle repeats.

The central bank also receives more money than what they lent. It is possible because the cycle is never ending. Th U.S. government will always be paying the central bank and will never end paying because the money that is created is what the give back. The will never have more money than what it exists. This is why the cycle is never ending. The people also have no pay more than what they receive. If there is no debt it means there is no money. This means that there will always exist debt.

Kenya's Deadly Explosion

           In Kenya there was a huge explosion that caused death the death of at least five people. There were two different explosions that were located really near. It was not a grenade, it was way bigger. A restaurant collapsed and fell after the explosion. The are has already been secure for the protection of the people nearby.

         I think this is a very tragic news because it is about a terrorist attack. People were hurt by it, some lost their families. This should not be happening in this place. Security wont assure it will not happen again. Many people can be affected by an explosion. People should have the right to live a peaceful life, not worrying about any minute being an explosion and fearing their lives.

MLA
Kenya's Capital Hit by Deadly Explosion". Al jazeera. March 31, 2014. http://www.aljazeera.com/news/africa/2014/03/kenya-capital-hit-deadly-explosion-2014331193746182474.html

Relation Between Food Inc, Economics and Race

          Food Inc has a very strong relation with economics. It is by far one of the biggest income producers in economy. Although it might a beneficial relation for economy it is not the best way of production and the healthiest. This relation might be dangerous at times. Economy only wants and cares for the benefits  that the food industry provides. It does not care about the costumers or their workers.


        The Food Inc is in some way related to race too. Some people are abused because of their "race" or just an idea they get just for the skin color of a person. In the Food Inc, thousands of farmers are constantly abused by important and recognized companies. They are forced to work for them under horrible circumstances in order to pay them the money they were lent for the growth of their farms. In both race and Food Inc they are abuses and bad relations.

MLA
Kenner, R. "Food Inc". Independent Movie Database. June 4, 1995. March 31, 2014. http://www.imdb.com/title/tt1286537/

Global Military Expenditure

One of the main global issues is the military expenditure. Every year that goes by governments are expending more and more money on military and weapons. A high amount of the world's money is being invested in this. This money could be used for other issues such as ending poorness or at least a good amount of it. The USA spends about the half of all the global expenditure on military.

This is an issue because this many could be used for other beneficial causes. This could only lead to other greater issues such as a world war, causing more damage than usual. The year with the highest expenditure was 2012. This could be a risk, it is not safe at all. There should be a shortage to the world military expenditure.

This link shows a list of the worlds 6 greatest military investors.
http://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures


"World Military Spending". Global Issues. March 24, 2014. http://www.globalissues.org/article/75/world-military-spending

Consequences of Economic Hit Men

Economic Hit Men usually try to persuade the leaders of undeveloped countries to use lent money from world bank for example, and then the country has to pay back the money and even more. It is kind of like fooling undeveloped countries. In the interview we saw, John Perkins, the author of the Economic Hit Man talked about the impact of Economic Hit Men in global context and also in specific regions or countries. The global impact its the controlling of the economy by using undeveloped countries and benefiting from them.

An example of a regional impact of Economic Hit Men is the death of the leader of Panama. Whenever a president of a country or the authority refuses to accept the deals offered by economic hit men, they are often killed or persecuted. Panama lost its leader in a supposed plane crash a few months after rejecting the deal.


"Confessions of an Economic Hit Man: How the U.S. Uses Globalization to Cheat Poor Countries Out of Trillions." Democracy Now! March 24, 2014. 
http://www.democracynow.org/2004/11/9/confessions_of_an_economic_hit_man