RISING CREDIT CARDS DEBT AND POVERTY RATES IN COUNTRIES WITH BRIGHTER ECONOMIC PROSPECTS AND FINANCIAL FREEDOM REMAINS THE HIGHLIGHTED POLITICAL FINANCIAL SOCIAL ECONOMIC AND SCIENTIFIC ISSUES THAT REQUIRES DOMESTIC AND GLOBAL SOLUTION.

   Rising credit cards debt and poverty rates in various countries of the World with brighter economic prospects and acknowledged financial freedom, specially for the major financial Institutions and citizens as in the USA the Eurozone and Asia's prosperous nations remains the current major political financial economic social educational and main scientific issues that requires domestic and global solutions, specially in the developed countries with higher standards of living. Claims of higher demands for efficiency being placed on the finance Institutions as the banks and citizens to maintain the required credit lines and higher standards of living, or  lifestyle of the mostly developed highly educated and civilized citizens of the mentioned Continents and countries of this World may have attributed to frequent money problems credit cards debt and the rising poverty rates in the mentioned parts of the World in which major and minor finance Institutions have declared insolvency, while citizens have often tumbled off the cliff of normal way of living , due to financial and other forms of difficulties attributed to ballooning credit cards debt that have exponentially grown bigger, due to chargers for delay, or unrecovered due penalties that accumulates over time in to huge sums of money often described as ballooning, or mountains of credit cards debt that can not be paid off within the specified time period dictated by the finance Institutions as the major, or minor banks in the mentioned country. Scientists on the other hand, particularly those in the USA and Eurozone countries have been of a rather different opinion than the mentioned claims of credit cards debts and rising poverty line attributed to less efficiency less production capacity and finally lower financial gains of the major , or minor finance Institutions and individual citizens that should do much in the general attempts to either maintain the required credit lines specified by other major finance Institutions as the International Monetary Fund (IMF) and the European Central Bank (ECB), or maintain higher efficiency and productivity for sufficient financial gains to prevent inactivity, or the projected fall of individuals to sustain basic income for daily living which has been generally described in my article as the projected fall off the cliff of normal daily living, or the tumble off the cliff of normal daily living in to credit cards debts money scarcity increased poverty rates and finally eviction and homelessness that have been both on the rise in the USA and Eurozone countries. Scientists have described certain financial services as critical for the required maintenance of adequate credit line of finance Institutions with the services rendered by the minor finance Institutions for the prevention of further financial crisis among citizens of the developed and partly the developing countries that have extendedly suffered late fees charges, or overdue charges for loans allocated by the World's mentioned major Finance Institutions that have been frequently asked to cancel debts of both the developed and many developing countries of this World. In other European Union countries as in Germany Scientists Research Students and University Professors have required sufficient time for the research of the current major finance problems in credit cards debt rising poverty rates at the current time period of brighter economic prospects more financial freedom in many developed countries and few developing countries with adequate finance system higher employment rates and fair minimum wages for professionals employees, or workers of various companies, or factories.

      Written by Professor Godfrey Ohia.
Bank : Green Dot Bank 
Routing Number : 124303120
Account Number : 301862222143
Account Type : Checking
Name : Professor Godfrey Ohia
Direct Deposit Account, Routing Number : 124303120
Account Number : ......