Adam Smith once said, “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest”. Consciously or unconsciously Adam Smith revealed the unseen fingers that drive every human activity. A critical analysis of the causes and effects of the current economic and financial crisis extols how devastating self-interest can be to investment and its environment. Because of the interconnectedness of the global economic and financial system, there is no longer a separate economy. How Safe Is Our Investment? takes a global view of the causes of the failure of investment and its implication from an economic, political, social, and legal viewpoint. The world’s debt has continued to rise without prospect for repayment, and in the wrong application of Keynes’s theory, world leaders have continued to increase the world debt. Unfortunately, because of the lack of will and moral decadence of the leaders and the present generation, succeeding generations will have to inherit the burden of debt they knew nothing about-unless we take action now to reverse this trend. This book explains how to turn this around.
About the author
Paul Okoye is from the eastern part of Niger – precisely Awkuzu, in Anambra state of Nigeria. Born in the city of Onitsha to moderate parents, he was educated at St Raphael Catholic School and Boy’s Secondary School, Awkuzu, during which he was transformed by the radical teachings of his dean of study, Mr Obadiegwu. After a brief romance with the music and business worlds, he relocated to Europe in the early 1990s and settled in Italy, becoming an activist in the fight for the rights of Italian immigrants. As a consequence, he was singled out for destruction by the president of Italy, Giorgio Napolitano. He was tortured and persecuted by Italian authorities, cumulating in four deportations and one assassination attempt. His experiences are the subject of the upcoming book, Memoirs of the Untold Persecution: The Crime Napolitano Committed. Trained in business administration in the United Kingdom and Switzerland, he holds a BBA from London, a PGD from Zurich, and an MBA from the University of Wales.