Category Archives: global banking crisis

This is getting scary

This global banking crisis sounds like something you’d read in a Grisham or Clancy novel. In these stories there is normally some hidden fiendish plot run by some bad guys that are behind all the troubles. So the prime minister/president will send in the SAS or whoever, kill the bad guys and the world returns to normal.

But what is happening today is not a story, it is real, and was caused by each of us by choosing to spend when we want, on what we want, no matter what the cost. It’s no good just blaming the bank bosses, becuase I’m sure if we were in their positions we’d have gambled in the same way.

So what do we do, change our lifestyles and pray for forgiveness.