Tuesday, March 8, 2016

America: Don't Put All Your Eggs in One Basket!

With operations in more than 40 countries, Disney has approximately 166,000 employees and cast members around the world. It would be a extreme, economical hardship on the employees and families if they closed their business. The domino effect would also be felt by all their vendors, leading to an economical impact on those employees and families too. In time, they would eventually, and hopefully, recover by utilizing other sources.

With an approximate U.S. population of 323,390,785, and counting, it would not be an extreme economical impact if our country failed. It would be a huge, horrendous disaster. Not just by the people who live here, but the domino effect that other countries would suffer because of world trade.Today's world trade would make the impact stronger than felt in earlier history. This is what can happen when you have a government in complete control - where they slowly and insidiously take over - and then fail.

This is why we have the proverb: don't put all your eggs in one basket. This is why people who invest in the stock market are advised to diversify. This is why big corporations do business in other countries. It's something to consider when anyone thinks that having their country run or control everything, their hand in every area, is a smart idea. It's not.

It's one thing when large corporations fail. It's another when large countries fail.

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