Having just scraped through another recession it seems there’s more to come as £40billion gets wiped off the value of Britain’s biggest companies as a result of concern over the health of the banking system (Daily Mail, June 30th 2010).
Interest rates on savings are at an all-time low and the Chinese economy appears to be grinding to a halt.
Prison inmates are at an all-time high and the European Central Bank wants it’s £356billion back.
Criminals steal for money, scams are at an all-time high as the desperation of struggling citizens mounts as they try to secure jobs or find somewhere to live.
Truly, money is a major disaster for all. Some have too much while many have too little. Of course, the richest just get a little less rich and still have too little sense to use their money wisely in many cases.
Pity we can’t just abolish money and rid ourselves of crime, a financial sector that preys on consumers and ‘snout in the trough’ politicians at a stroke.
Not sure what would replace it but could it be any worse?