Despite the increasingly dire call of the world’s population for economic reform, the global economic condition continues to worsen at an astounding speed. The world’s major economic contingencies, including America, Europe and China, are busily pondering the best course of action to combat the projected collapse. However, their prospective actions may be for naught. If recent trends are any indication, the five major prospective solutions may not be enough.

Raising nations’ debt ceilings, increasing taxes on the citizenry and removing beneficial decreases in small business taxation will do more harm than good, in the long run. Many of these small businesses and individual citizens rely on the miniscule monetary relief garnered from the break in overabundant taxes raped from their pockets.

The remaining options of disseminating the remain debt of other countries and the revolving door of buying the remaining debt owed by other countries leads us down a trail which repeats the cycle of debt, ensuring our demise as a global economy.

The global collapse appears, to many, to be a concentrated effort on the part of the global elite to bring down the individual nation economies and usher in a global currency and economic standing. Examining the proposed solutions only furthers this belief as, at second glance, they offer an ingenious way for the final push towards global dominance to become reality.