Posts Tagged ‘economy’

Interview with Belarusian president Alexander Lukashenko (The Independent)

Thursday, January 24th, 2013

Reading Time: < 1minute

Many people and most of the Western European countries blame Lukashenko to be dictator, to be stealing the freedom of Belarusians and as a bad and intolerant. It is my own understanding that though Lukashenko's leadership of Belarus might have it is bad sides he is not so bad. His thinking actually is much more Christian than most of important politics of the Western European Union. Belarus is still keeping some of their society models left from communism and even today. It is very interesting interview, unfortunately no english translations so, one has to understand a bunch of Russian to understand what they're speaking about. What is interesting to compare one representative of Slavonic world against one typical person who even though Russian by blood and genetics (the interviewing person Evgeni) is a cultural traitor. The interviewer for the newspaper "The Independent" is obviously dressed, looks and talks like most of western europeans, his questions like every journalist are mostly tricky. I really liked how Lukashenko understands Democracy, as being identified with justice on the first place. Lukashenko saying that today we have no democracy in western countries, because there is no righteousness in ruling and things in country is very right.
Belarusian economy managed to survive through the so called Perestroika. If my homeland Bulgaria had enough smart politicians to lead the country into proper re-structure of our economy to an open economy, Bulgaria would not have been in such a terrible
economic state as it is today ….
 

Lukashenko interview Лукашенко – интервью "The Independent" и "BBC" _ телеве

 

United States Debt Credit will sooner or later surely lead to GLOBAL ECONOMIC COLLAPSE / The American Debt explained for dummies

Thursday, May 17th, 2012

Reading Time: 2minutes

national-debt-by-country-sooner-or-later-the-us-economy-and-following-global-economy-will-be

Ever wondered, why and how America is still officially a super-power? Many people still believe, America has something superior to offer, has some extraordinary scientists, latest technology or plays key role in global economy because of their BIG money. This is one big deception the Truth is America and Americans have no money at all, they live in constant increasing debt.

They constantly issue a financial boundaries to keep the economic balloon continue its artificial bloom. In that sense the constant print of American Dollars by the Federal Reserve is in nothing different with what was happening in the Soviet Union. A super-production, too much currency printing and mega inflation leading to devaluation of currency. The effect is nobody wants to buy the Soviets currency because its devaluated = too low value.

The consequence is the low valued currency can buy less goods and therefore people become poorer and poorer day by day because of the currency crash. The only difference between the Soviet Union and America is that USSR decided to put an end to this growing agony which would sooner or later lead to a civilian war or a huge people rebellion. The globalized economy, if its looked from a helicopter view, suffers from the same problem. As the globalized economy is closed economic system in development.

Though in its early stage globalization leads to many goods like, the decrease of goods costs, the bads its produce are way bigger. Just to name a few of the evils of globalization (ever increasing local unemployment), ever increasing costs of labor unbalanced distribution of capitals, increase of sicknesses due to consumption of products being produced with a main goal of making money.

US Debt Increasing deb will surely lead to GLOBAL ECONOMIC COLLAPSE! Besides that "thanks to Internet" and this kind of medias the local physical communities through which the society used to function are being destroyed and this is probably the biggest evil – direct result of globalization.

Actually probably a lot of people do not realize it but Internet and Mobile Phones are the main "increase" globalization tools nowadays. Also a consequence of Globalism is increased need for people to travel in order to their daily duties, this is also having a negative impact on individuals health (traveling too much is not healthy).

Understanding the Financial Crisis – very well explanation!

Probably the worsest of all is the pollution. Increased globalization leads to increased pollution, increased pollution leads to climate changes. Climate changes leads to changes in people's attitudes (climate has a slight effect on human attitude). The changed climate is also one of the reasons for increased depression among people…. There is plenty to be said on America and their puppet like orchestration of countries in order  to succeed in America's governors pro-globalist agendas but I guess mostly anyone who is a thinker already has in-depth thought on that too.

What is wrong with todays Economy

Tuesday, April 24th, 2012

Reading Time: 4minutes

This question is a serious question imposed at this harsh crisis times. How and why did we ended in an downward spiral economy?
There are many problems which has landed us to where we are. Anyhow there few major ones which played key role.
One is the wrong mindset of CEOs that money is the only motivator for a human behavior. Even though money can be a key motivator it is just one of many factors which motivate company employees to be efficient money is not a heal-all company problems medicine.

According to latest psychological researches conducted by Human Resource Managers. What really motivates people to do what they do full heartedly is not solely money. Social contacts at work place, the level of boredom (or the absence of it), as well as the repetitiveness of tasks, and the freedom given to the individual are key motivation factors.

Nevertheless the many other factors influencing an employee's job prudictivity, money motivation continues to be a factor with a severe weight factor.

The perception held by so many company top managers the amount of money owned and the good possessing are key factors for economy growth or company development is actually an old idea which doesn't reflect todays business reality.

We have seen in the last 30 years many companies like Microsoft and Apple, who started as tiny garage companies and in a short time converted to big corporations employing thousands.

What made this companies succesful ? Was it the money? In our view Obviously NO. Multinational companies like Google and Apple Inc started with a little money capital, but a strong belief that what they do will change the world. What happened we have seen their belief to change the world came true.
In a similar way we at Cadia started with a strong core belief that Offshore Solutions are the future of payments. By pushing the offshore solutions to develop further we believe we will fulfil our mission and change the world just like so many before us did.
Why would one prefer offshore instead of a normal banks? There are two main reasons, one is the plus that your money is not tracked by a banking system and hence fresh money are entering the economy, second is the anonimity it offers.

One of our key values at Cadia is to Respect ours and our customer freedom of privacy.

Its obvious that the business is failing because the shortage of company productivity, caused by the top management idea that its mainly the profit that makes a company a success.

Therefore as long as companies fail to "practice what they preach" e.g. keep to their Values and Company Mission, the situation with our economy will get surely worser. Even though efficiency is increased by the many technological innovations and possibly can be increased by increased money capital, the humans efficiency is falling because the lack of interest in company personal in their daily work.

What this actually means in practice? It means simply employees are not enumareted respectively to their work, companies are trying to cheat between each other puruing the ultimate profit without taking in consideration any established moral or religious norms and a lot more of "wrong" corporal activities which usually lies on the back.

Managers nowdays are ready to "kill and rape" for the good of their sallary rise or the company good, not considering if the effect of a certain company activity will have a long term bad infuence on society or the environment neither if the future consequence collectively will be devastating for humanity.

People on lower positions in companies are looking into managers unlawful activities and after a while, lower position employees start adopting unethical methodologies. Hence suddenly the unethical behaviour of the top management spreads like a virus to the lower levels down to the most low positioned company employees.

The world today is mostly governed by the rich and educated. To be rich anyhow as pointed in Maslows hierarcy of needs (Pyramid) the individual needs to have a Physiological needs & Safety Food, Shelter, basic financial stability existent.

What happens however is that a growing number of country citizens are unable to have a stability like pointed in the 1st two levels of Maslows Pyramid

Governments on the other handy are currenty tolerating non society concerned unethical companies, often even (anti-human) companies. By their tolerance our governments are increasing their dependency on multi national capital growing corporations. The result is a big mess, which becomes almost impossible to fix in time.

The poverty shadow which is falling on so many people today is also a factor changing the usual people mindset. Having the mind to survice in these hard days, a lot of individuals behaviour starts to change and tolerate anything without any examination if it serves a good or bad society purpose. Deception and lies are started to get perceived in humans mind as somethng natural and allowed, hence nobody cares about pursuing high ethical and moral values on individiual level.
The lack of responsibility for humanity on individual level forces governments to do a number of restrictions and police regulations to reduce the unlawfulness and deception between individuals. Increasing the restrictions doesn't change too much because on a peer person to person level the relations iniquity continues to raise.

Among the list of restrictions implied by governments to reduce money frauds is the attempt to close all companies in the Offshore Business providing anonymous money transfers. Anyhow would closing offshores and making all banking operations transperent solve or reduce economic problems? Positively no, it seems like this might help from one side another perspective however reveals that closing all offshore bank accounts would just make the Free Market non free anymore. It will make all payments tracked and carefully put into the ultimate balance sheet… ~

My independent view on Ukraine-Crimea Russia VS Western World crisis

Wednesday, March 19th, 2014

Reading Time: 4minutes

Crimea_New_member-of-Russia-Emblem
I've been following what is happening in Ukraine over the last 6 months and I see with pain this poor brotherly Slavonic country is being literally destroyed by Radicals. It is obvious that the Revolution in Ukraine looks very similar to Revolution in Egypt, the War in Syria and obviously doesn't happen by itself but was financed by foreign forces to serve someone's interests. I known that in Ukraine people live poor, but even after the change in power it is less likely that they will start living better.

In my view Ukraine's people got infected by European Union's external appearance for prosperity and freedom. Such an outlook is just on the surface and everyone who lives in EU knows that well. It is my understanding that the European Union is based on fairy tales for freedom, friendship of nations based on economy. EU sets itself on rules and regulations and vague words combined with economic factors. With the crisis appearing one after another in country members of EU (Greece, Slovenia, Cyprus, Spain etc.) it is obvious that the EU is artificial union and not working well. Many country who belong to EU for some years already have seen that and even some like England want out of the European Union. With this in mind it is fully unclear to me why Ukrainians want and think that membership in EU will solve there economic problems … on the contrary once they join the EU, they will have to fulfill thousands of rules and regulations which will destroy there local country economy and will make them put out all country money out of the country into the pockets of Western Nations. Same nation genocide scenario was executed in Bulgaria and give "good satisfactory fruits". By the rules and regulations on Bulgaria our local economy was destroyed making our contry market completely dependent on other Western country market for daily products and external Western business investments. The failure of Bulgaria as a concurent on EU marketrun the wheel of EU economy, opening a new space for new investments and trade. Same happened with Romania and most likely will happen also with EU's newest member Croatia very soon.

Ukraine is a brotherly nation to Russia and even historically this two nations share very similar faith. Of course the two nations differ but the similarities and even the language makes them brotherly nations. Ukraine was part of Russian Empire and is called Ukraine (from the word end part of Russia). Historically Ukrainian were known as "MaloRus", Russians were known as "Rus" and Belarusian as (White Rus).
Currently in Ukraine live 8,334,100 Ethical Russians (17% of Ukraine's population), the highest density of Russians is in Crimea with 58 % of Ethnic Russians.

Of course the economic crisis in Ukraine as every Crisis is not only a Crisis of material goods but a Crisis of spirituality. Big part of Ukrainian Church separated from Russian Orthodox Church and are not in canonical unity with rest of Orthodox Churches. Besides that the number of Uniats (Orthodox Christian who are under the rule of the Roman Pope) seem to be growing over the last years there. After the fall of USSR, the number of protestants and other Christian sects in Ukraine also has grown. The decay of Russian Orthodox Church diocese in Ukraine set a space for more and more religious spiritual divisions which affected the material country realm. Talking about religion it is worthy to mention a very curious and not much known fact is that current Prime Minister Oleksandr Turchynov (who took place of Viktor Yanukovych) is protestant pastor. The other key actor of the Ukrainian Revolution isArseniy Yatsenyuk who is not even Urainian but Ethic Ukrainian Jew.

Concerning Crimea historically give birth to Kievan Rus (and so to say is like mother land of all Russians as we known them), from year 1783 to 1917 was a territory part of Russian Empire, then from 1922 to 1991 it was part of Soviet Union, from 1991 to 1998, Crimea was autonomous Republic. Crimea is well known from history where Russian Empire fought with French Empire in Crimean War (1853-1856). It is no strange why Russia wants Crimea so hard as they have historically fought for this land and over the last few centuries it was Russian teritory. It will be no strange either if Crimea becomes a reason for another war …

So Who is right Russia or the Western World (European Union / United States)?
For me from the facts it is more than clear that neither the Euroepan Union nor United States share a close history / language / culture with Crimea, neither ever this was their territory. Meaning Westerners doesn't have the right to escalate the situation by putting oil in the fire, but should better keep silent and let Ukraine Russia and Crimea solve their problem alone (in a peaceful way). But why Europeans and Americans try to intervene? Well simple economically European Union has more interest to have a new Member country membering ~ 45 millions and a nice tourist destination Crimea than to have a member with 3 million less, and US's influence on world by having a western oriented Ukraine will raise. This is the reason why they make so much noise and don't want to accept the referendum in Crimea for unification with Russia, because they have politic interests there.

Ukrainians was mislead to believe the fight for Ukraine is a nation heroism, where in reality what is happening in Ukraine is just serving biggest countries interests. The bad thing is what is happening there is a good reason for emerge of national war and we know from history such a small conflicts combined with a world economic crisis led to World War I and World War II. I don't say that such a war will emerge but I think Western World should be careful to not provoke a war in Europe through recognizing Crimea's people decision to become part of Russia.

Tricks of the supermarket trade or how supermarket lie to you to buy more than you need (My few memories on government food stores in communism times)

Friday, June 22nd, 2012

Reading Time: 9minutes

I've personally always hated super markets from the very early days I entered one. Here in Bulgaria we've been somehow partly lucky not to have supermarket due to the different philosophy of the communistic regime in which we lived until 1991. The philosophy of then governing communist back then was to distribute food in local middle size or small stores owned by the government. The food has to be approved by governmental body and heavily checked if it matches the governmental set standards. The variety of food we were offered in the stores was very little. Most of the small stores (which were owned by the government) only contained basic products like;;;

bread, youghurt, milk, meat, butter, lemonade, beer and few more,

This was done probably intentionally and was a result probably of our long years Orthodox Christian faith which (has saved us and preserved over the centuries). Orthodox Christianity has always teached for simplicity. Even though the communist party rejected the faith and even did severe persecution against the Bulgarian Orthodox Church. The people on the top elite who were planning the communism had been a descent of an orthodox christian raised up living and therefore the philosophy of simplicity was inherited (even genetically) so the way the COM party behaved based on its leaders and the governing decisions about the nations belonging to communism (Russia, (Yugoslavia) – Serbia Koso , Bulgaria, Greece, Egypt etc.) were in a material expression in conjunction with the Christian tradition of simplicity (i say material because Orthodox Christian Church even visiting back then in the countries was usually prohibited and the Com. party did their best to ruin up the believe in Christ in people).

In communism the local suburb grocery stores, were the only "points" of distribution of food. Since buying and owning a car took at least few years of waiting and big money for it. Not more than 10 to 20% of families owned car and owning a car was considered to be granted mostly to people belonging to the then governing communistic elite or the Communist Party.

The public transportation was encouraged because according to communism so called "geometry" which was a main drive for how the systems in communistic countries should work it was estimated public transportation is cheaper and more environmental friendly than if a car is given to anyone, also public transportation (trains, bus-es) etc. did a good thing in the aim of the party to exersice higher control and surveilance over the population.

Because of that existence of big super-market was scarce and the culture to go and buy from a shop with your own family car was not existing.

The equivalent of nowdays mall shops (big retail stores) was usually located on the city center and the size of this shop was much smaller and the variety of products one can find there was only few. Hence the customer didn't have so much options to choose between, neither had to spend too much of time on choosing, the com party wanted the people to work more and buy less, so spending time in stores was not encouraged.

With the entrance of democracy and the moving up of large super-market food and good retails shops like Metro was among the first ones which entered the "freed" market. It was really a bizarre experience for us the ex U.S.S.R belonging people to enter such a large sized stores and to face such a big variety of choice.

Before that in communism we never saw such stores even on the TV, since the TV was governed by communistic party and only information which was useful for the establishment and protection of the regime was projected on the only available National TV channel.

Sorry to distract a bit from the major topic of this post, but I thought this is necessery to explain before continuing because it is important to understand that unintentinonally the communist gave us an advantage to have a different view on things than Western free world, a view which is in many things contrary and more correct (in terms of hard logic) than to Western Europe.

My first encounter with a super-market was only about 8 or 10 years ago and I believe many people who lived in the province of Bulgaria and other ex-communist countries did for a first time experience super-markets approximate 10y. ago.
Though all looked so nice inside the shop and the shop emploees were so nice I always felt something very cold dead inside this big stores. Ptonsnlu my intuition (spirit) if you want has always pointed me out that there is something very wrong with this super markets.

With the increase of products on the market for us people who lived up to our 8 to 12 years (young age) in communism it was a great shock, since we were raised in a society based on some communist false ideology and suddenly the markets were opened and the products variety to choose between become extremely high.
All previously said to be good and true in communism time was said to be anti-freedom and many people did their best to destroy as much as possible mostly everything somehow connected with previous communistic time.
My homeland Bulgaria as a result of this become a very hard to live place and we were forced to adapt in fast paces and learn things on how we have to live like democrats for a very little short of time.
One severe "damage" most of the growing people in Bulgaria in communism had was the hardness and inability to make choices.
For many people between the age of 25 to 35 it is very hard to make choices even for small things.
This was a direct consequence of a long years (45 years) of communist propaganda, and few generations who lived in a non-freedom respecting regime which conditioned and prepared a specific plan and place for every individual living in the country.

Seeing communism as the ultimate evil and manipulation to make us dependent we didn't know that in the free democratic world the manipulation and conditioning in society was heavy too.

"The Programming" of western society through institutions, stores and order in society was a fact and in a sense the only difference between the Democratic world and communistic world was one of the worlds seemed to have a larger frame in which the individual can work and live, whether the communistic regime seem to be more restrictive.
One main thing used to condition people choices and buying behavior and make them over-consume to make the democratic economy constantly growth was big super-markets. Though they were privately owned and not like in communist country, the only drive behind each shop was PROFIT, PROFIT and agian PROFIT.

Higher profits would mean higher consumptions, higher consumptions means higher production and more work places opened as well as more expenses for working individuals would mean bigger necessity to work more and earn more, because though the sallaries incomes were high in the free world. The individual necessities there were even increasing too.

Since the about 1950s 1960s the super-markets started entering the "free" democrat countries world. As a result the small shops which were prior a main food and beverage distribution source started closing, because they couldn't be a concurrence to the big "brothers" super-markets which were able to buy higher quantities of goods in lesser price and therefore sell many of the goods in much lower prices than the little grocery stores.

The result with the years was a huge shift in people buying behavior from local groce and open markets to buy everything from the big super-markets. The big store chains had to be in a fight for customers all the time, so businesses involved started customer wars and tried their best to "steal" customers from each other. In this financial wars a main thing that most super-market chains and malls did was constant optimization of efficiency of both buying and reselling to the end customer. This is a 3 step business process actually.

1;;; They buy from the commodity producer
2;;; They prepare the food for the store (packaging, cleaning up whatever)
3;;; They put it in a certain way in the store and organize the store in a way to always sell more and more

As a result a huge number of tricks were employed by each and every super-market aiming to deceive the customer to ever buy more
The deception of the client in store is very tricky and smart organized so it cannot really be called a lie but its rather a tricky smartness.

Since the super-markets entered in my country too and the tiny grocery stores are mostly closing unable to compete with the large super-market 'money making machines'. Even I am sometimes forced to buy stuff from super markets. Since here in Bulgaria the culture of purchasing from super-markets is not so strong yet. In order to be able to consume the little grocery stores. Many large super-markets started investing in making the little groceries their retail shops with their brand or (sometimes a new make up brand).
By doing so the little grocery stores loose their authoritarity and independance and become dependant on the big super-market on the type of products they will sell, this obviously means this strategy of the big super-market in the long run will lead the little grocery stores we still have to ruin up. This is obvious because if the small grocery stores start selling the exact same products (brands) of the big super-markets, there will be nothing left to make the little grocery unique. Neither the variety of products choice inside or pricing will be any different from super-market. This will mean the tiny grocer will be no different from the big super-markets in terms of product and prices and therefore. The clients which now are loyal to small grocery stores like me will then have not such big motivation to buy from small super-markets, since everything inside is somehow similar (not to say) the same as with big supermarket the only difference would be the lesser variety which is obviously a good reason why the customer would definitely prefer to buy from the large supermarket …

On the videos you're about to see below, they explain some of the probably thousands of tricks nowdays existing the super-market chains employs to trick us to exponentiolly consume their goods.

Old Tricks of the SuperMarket Trade

As you can see the video is presenting a reality of the tricks which was used in the 1960 and now technology and knowledge in the field has largely increased and since they there are surely many new trick 'developments' which are working for the masses of customers daily.
There is even a whole science centered on buying behaviour already existent called buyology!

Here is a short introduction to buyology to give you an idea what its purpose is:

Short introduction video on buyology – The Science of buying part 1 of 2

Short introduction video on buyology – The Science of buying part 2 of 2


Seeing all this is very precious information, since being informed one can escape the bad "tricks and traps" pawn in the markets.

All the information about the communistic regime and the 'shopping system' there was mentioned priorly because I wanted to explain a bit of the difference of then and now to point you to my opinion that the Western buying model and expectation to sell more based on the tricks are probably not working very well here in the ex-communistic countries, especially with the older generations and the one like me which somehow grow a small part of their youth in communism.

The reason is we have a different 'social programming' than westerners. Also the different spirituality (The orthodox Christian faith) plays another role. Also there is a difference in the type of buying behaviour. In Bulgaria there is no culture to buy once or twice per week. People have culture to buy daily, though this is starting to change slowly these days.

For a bit more of videos and a bit of my thougths on my research on Super Market Psychology check my previous post containing educational videos on how the supermarkets cheat you to buy more

The topic is actually very huge and I'm sure what I'm saying is just the 'tip of the iceberg'. As I'm a firm opponent of big industries and large business I'm firmly against the buying from big stores any goods. The reason is that simply by doing so one makes the already RICH people even more RICHER. By increasing the richness of a certain small group of people daily, we as society are un-consciously somehow involuntarily letting them increase the financial control that is already there in some degree to the society.
As democracy's main drive is money this means that by helping the large business-es marge and become even BIGGER, we're doing something against ourselves and our interests as society.
I don't think that any ordinary citizen in the free world want to live in a fully controlled one World State (one world country), similar to the ex-communism I lived through, so I think people concerned about our freedoms should oppose the big businesses according to the society level they're in. Even if we're not in position to change things with money, we as society are in a position to change ourselves and our understanding of world, our desires and our behaviour. If we change our value system in a way, where money are not a top priority and the highest value the outcome will be positive in both spiritual terms and overall world state.

The modern day however wants us to falsely believe that we're divided, helpless and money dependent. This is a big delusion which we're constanty repeated. Just like with the super-market this big super-market company owners were able to convince us through time that super-market is better than the grocery stores, because of the less money spending advantage. Even if in the past there were possibility to spend less via supermarket nowdays spending less by using the supermarket instead of the small groce-store is a BIG LIE. Even if one spends less in super-market on certain products, the amount of related products he is cheated* to buy in store highly exceed the simply money one would spend on even higher priced products in the small groce.
The outcome results from the super-market is also a big waste, as I lived in the west I've seen most of the households are buying more than they need, spending more than they need, cooking more food and more frequently than necessery and throughing large portions of food in the garbage (e.g. a huge amount of food waster).

If it was possible that people were aware they are buying all this non-sense food because of deception, they would have bought less, the super-markets would bought less and distribute less and the food (waster) remaining could be distributed to poor-er countries to help the starving kids and suffering people in Africa.
Helping the suffering and starving, we would have helped each other as it is a nowdays well known that even on molecular level the whole world is connected, therefore helping our poorer brothers and sisters is actually helping ourselves ***

Why and How facebook profits because of you? – People, The real facebook investors

Tuesday, March 6th, 2012

Reading Time: 4minutes

Facebook people real facebook investors, facebook profits because of you / facebook greedy money logo

Facebook is usually praised and very seldom criticized. I've seen already on a couple of occasions on the TV channel news on earthquake occasions or some kind of other calamities, where facebook was said to help the rescuing teams etc. We constantly hear how facebook has helped people point their location in disastrous situations or just helping people organize a protest against a harmful company activity. Whilst this might be true, the harms it does are quite big as well. A primary harm it does is to economy as we know it. As people are engaged in filling in Mark Zuckerberg and facebook investors pockets, they rarely think about how actually facebook gets their money?

Let me explain:

Basicly facebook makes money out of its constantly increased social network data content. This could have not been possible without the 800 000 000+ million of people who constantly post updates on facebook, create groups, post pictures, add likes, comment and post links to other facebook pages. If people had not all this volunteers (facebook users) to post all this bunch of mostly junky information, facebook inc. would not have a penny. Therefore what makes facebook grow is the people itself who willingly choose to be part of this money making machine. One would think with regular company the investors are the owners of the company shares. This classical business model is not facebook model, there it is rather different as the real investors in facebook are not the capital shareholders but the regular social network user base – this means (you and me)!.

For all those who still don't get what I'm talking about I will shortly explain.
Everyone who has a basic idea on how internet advertising works is aware that the primary origin for facebook todays profit is the left pane sky scraper field with ever changing advertisements.

Various advertisers pays facebook all the time big money for displaying those stupid advertisement. As many peole are viewing and clicking the advertisements, facebook makes billions out if its advertisers.

So far so good, facebook generates its profits out of peoples free time and delibarately information sharing you would say and you might argue me that facebook steals people (time / money). This would have been true if you don't put in the picture for a contrast, a regular blogger, who makes its daily living out of blogging.
What a regular blogger does is frequent blogging on various kind of topics of his interest. Various bloggers blog at various titles, but most of them has a few major topics which they're following.

The more articles a blogger collects and the higher the uniqueness of this information is the bigger the probability this blog to have a good users base and the more interesting content it will have for search engine robots like Google Bot Crawlers or Yahoo Bot etc. etc.
With all priod said, the higher the probability this blog to have more traffic drawn from web searches to the blog. As the blogger content increases with time when it gets 10000 or more unique articles (pages), consequently it can be used as an advertising place. A 10000 pages blog could earn a person a few hundred of euros (200, 300 EUR) per month.

Well the business scheme behind facebook is exactly the same, except they store and physically own the data of the facebook registered persons. The user posts content on his facebook wall, makes pages or does various activities which generate pages, the content gets indexed in Google and with time the overall facebook website content grows. As new users joins facebook with the increased popularity of website. The website is growing exponentially like in a atoms chain reaction.

Because of this steady content growth, it becomes an interesting place not only for advertisers but for all kind of people that use the internet.
And there you have the monetarization facebook makes billions of dollars every second because of you.  This is the shocking truth, they get their money because people click or view advertisement on each others profile, so there you're YOU make the little people who develop facebook and the original investors richer and richer with every day, where you make yourself poorer and poorer by investing your personal time in facebook instead of using it to work on something that will potentially generate you some dividents in short or long future.

Actually social network is nothing more than just a multiple blogging platform, but some marketing person come with this marketing hype work "social network".
The social network buzz word is in my view just another big marketing "white lie"!. Correct me if i'm wrong but what in fact is a "Social network?". I don't see facebook neither as social, network as network. I don't know about you but I have never made a long lasting friend or relationship using facebook so far. I think the poor Facebook creator Zuckerberg made facebook with a viral mindset. He intended it to be like a social virus and so far he succeed pretty much. I just wait and eager to see who will start the anti-virus for Zuckerberg's (facebook) – people time eating virus.