I haven't read many references to the current financial global crisis in blog land. Methinks perhaps this isn't the place, its where we feel safe, away from harms way, our nest of comfort, where we are taken on vicarious adventures through (authorblog - Yukon) and (the view from this End - Mexico & Canada) and we find like minded pals to chat with away from from our real lives and worlds.
But I admitto being a bit worried and not just a bit afraid, not to mention confused and utterly out of my depth. I find myself switching on the news and delving into the money pages, because I DO want to understand something, anything about this. We wittingly put our trust in banks and to a certain extent our governments and we simple everyday folk are endanger of getting seriously burned. I'm seriously considering taking out my little stash of cash from my ISA and burying it in the garden, like what my Dad always told mewas the sensible and Napoleonic thing to do! LOL ... at least it would be safe! But then would I be guilty of panicking and making matters worse? What to do and who to believe?
IF each person in the UK has been represented by 'giving' £1-2K to to shore up the banks and we are told we are now shareholders in a semi-nationalised banking system, are we to understand that the returns they are mooting around, will be sent in the form of a cheque to our home addresses .. . or stashed back into the
government coffers in our names, 'A TAXPAYER'... er don't think so! Can Hadriana shine more light on this?
Laugh it makes you want to cry! I worry that the fabric of our lives may well change because of this ... and would it be that bad actually, for less easy access credit, cheaper housing, less fat-cats benefiting from the profits of the utilities and services the public need on a day to day basis.
I have this awful niggley feeling that there is more to come and if this is what they are telling us, the cynic in me tells me it may be FAR worse..