Archive for the “economics” Category

Has the credit crunch finally forced us to question where we’re going?

Yesterday I listened to some financial experts discussing the pros and cons of the proposed Loyds/TSB aquisition of HBOS.

What occurred to me were two things. First, that I don’t understand how any of this financial machine really works. Second, was a realisation that behind all those words, nor do they.

If they – or anyone – did, we wouldn’t be in this situation.

If you look at the results we’ve created so far (a planet on the edge of catastrophe, global economic chaos, religious and ideological intolerance fuelled by technological and chemical addiction) you’d be forgiven for believing this machine ain’t working.

For many, this picture is work – that part of the machine designed to turn the world and people into stuff we can use to fill the holes we carry around with us.

For others, this picture is human evolution; humanity consuming itself in a frenzy of uncontrollable hunger.

Like our hitherto esteemed financial institutions.

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