Faisal Ali Addabi

Summary of the Problem: Most human beings dream of becoming rich but the number of the rich people, with more than one million dollars for each one of them, do not exceed 1.1% of the world’s population and they own about 45.8% of the global wealth!

Billions of human beings are the poor. Poverty is the biggest international problem!

In order for all human beings to avoid going to bankruptcy hell, they must know the best way of dealing with money, which is the mortal enemy and dear friend for all human beings at the same time !

The problem of going to bankruptcy hell , which burns individuals and states alike, is created by reason of not understanding the money function

Billions of the top poorest people think that money has only one function which is spending , these people go to bankruptcy hell quickly !

Billions of the poor people think that money has only two functions which are spending and saving, these people go to bankruptcy hell slowly because of inflation !

Millions of the rich people think that money has only 3 functions which are spending , saving, and investment, these people gain millions , pay taxes in full and succeed in avoiding the bankruptcy hell !

Hundreds of the top rich people think that money has only 4 functions which are spending , saving, investment, and contribution , these people gain billions , avoid payment of taxes or pay very reduced taxes and the bankruptcy hell can never approach them !

The most important international financial question is: How can we obtain a practical solution to the problem of going to bankruptcy hell and save billions of individuals and hundred of states from its burning flames?!

Summary of the Solution: The best financial, legal and humanitarian solution to the problem of going to bankruptcy hell is: we have to understand that the money, which has been obtained by legal means, has five main functions which are spending, saving, investment, contribution and payment of taxes in full, and that performing these five functions properly by individuals and states is the only means which allows them to go to the financial paradise and prevents bankruptcy devils from approaching them under any circumstances !