@MadCornishBiker Said
I have to admit that, though I wouldn't normally say it I am sitting here with something of a "told you so" look on my face.
I have been predicting for decades that we were heading for trouble, it was so obvious to me, and also obvious that no-one had any intention of doing anything about it until it was too late.
The biggest cause of the problem? No, not the banks, though they certainly haven't helped. No, the biggest problem, and the one I first spotted decades ago has always been public sector borrowing. Any government, whether local or national, that has to continually borrow to finance whatever they are spending money on is in trouble unless they get their budget in order and cut back on the expenditure, or increase their income.
Money is a finite resource, even for governments, and any borrowing has to be paid back. The more you borrow, the more you have to pay back and the bigger the gap between expenditure and income gets. In that sense, governments are no different to families, you cannot spend more than you earn for ever.
What is the answer? Personally I think it has now gone too far for there to be an answer, at least one that the public will accept, hence the riots n Greece etc. and the strikes in the UK.
So, what happens when the money has run out and no more can be borrowed? No-one knows for sure, but it isn't going to be pleasant for any of us. It will likely be the end of society as we know it. Especially ones in such as vulnerable position in such a vulnerable position as myself. The poorest always suffer most and longest.
Of course, with my religious beliefs being what they are I am not convinced this system has that much longer to last anyway, and I can only hope that it ends before the worst hits, but somehow I doubt it will.
@King James Bible Said
Matthew 21:12
And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves, 13And said unto them, It is written, My house shall be called the house of prayer; but ye have made it a den of thieves.
Mark 11:15
And they come to Jerusalem: and Jesus went into the temple, and began to cast out them that sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves.
Where is the Saviour when He is needed??