Thursday, 30 April 2009

The Current Economic Crisis...

Ok so we all know that Britain has entered the greatest recession in bare years, but I never really understood how a country can go into debt. How comes all of a sudden lots of jobs dissappear, everyone looses money, and everything gets more expensive?

Everyones a bit miserable really... where does all the money just vanish too?


My mum - bless her, tried to explain the credit crunch. Understandably... I didn't understand it. She then (a little off topic) tried to get me making "credit crunch munch" for uni. Lamb casserole. Im a student mum - not Gordon fucking Ramsay.

Anyway, after this very educational economic (and frankly depressing) chat about the economy, I was content in the knowledge we were DEFINATELY all going to be broke in the future...

Living in mud houses, fighting for the remaining petrol in the world, under cover of night, in a "Mad Max-esque" scenario.

Admittdedly petrol is still a joke but im in favour of a new gameshow.

The economic problem "apparently" is due to banks lending out money they dont have. And then people can't pay it back. But then if the money never really exsisted in the first place whats the problem?

To be fair the whole idea of banking is a little strange. Anyone can walk into a bank and borrow money.

If a tramp came up to you and said

"Hi id like to borrow a hundred pounds... but ill give you Hundred and ten back I promise"

Would you believe them? I fucking wouldn't! But all the banks seem to. Of course their not getting the loans paid back they're lending money to the fools of society!


But in hindsight... who has actually felt any impact of this "crisis" at all?

I was shopping yesterday in Tesco's and I was thinking... hey for an economic crisis this bacon is pretty cheap - and it looks in good nick too.

Then I strolled passed a sign "now recruiting". Tesco's already have alot of staff, they wanted more, and sold cheap products!

They were metaphoricaly sticking the v-shaped fingers up the arse of the credit crunch, and I found this very amusing.

The only thing that ticks me off a little about this whole credit crunch is that we are going to inherit the debt.

We inherit all the bad things in life which I find a little unfair. We inherit debt, early grey hair, dimensia, even unwanted pets.

So gran and gramps up and down the country, before you go and spend the last of your retirement on a sodding parrot that we are going to have to look after for ninety five of it's hundred years - just don't.

Pay of that nice debt you owe so we don't have to you dopey bitch!


Problem solved.

Till next time!

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