Flat Chat

A chance to empty my head

Easy Come , Easy Go

How many platitudes come to mind in a crisis…easy come, easy go, pride cometh before a fall, you win some you lose some, look after the pennies…they just keep coming. All that potted wisdom our grand parents put into us and our languages gave us as wise counsel. Out the window! All those adages were ignored and now we keep reading how every country is daily losing millions and how easy it all is. One day they are rich. Six months later they are struggling and this financial crisis is now world wide and you can see just how tied up and dependent our global economy is. People are doing things to try and fix it but we haven’t stopped the flow. Russians are losing millions. The Chinese are now losing money and the whole world is in a flap…except those who have no money. There are millions of people for whom this is irrelevant and yet the great promise by G8 to work on making poverty history is ringing rather hollowly right now. Words come easily, don’t they? All talk. There has been a lot of talk through this financial mayhem too and the subprime mortgages have a lot to answer for. We might get some positives out of the whole thing in the long run but at the moment people believe we can choose between addressing the financial crisis or global warming. The global financial crisis will be of little consequence in a planet which cannot sustain itself. I still want to know how financial people managed to make this mess. People who would want to be considered good at their job and experts in their field. So who do we trust? Who do we call? Never ceases to amaze me how, in the information age we are privy to such poor quality information! If anything has been in recession it’s prudence and common sense.

October 22, 2008 Posted by sally07 | finance | , , , | 2 Comments