World Monetary Crisis

There has been of late, an apparent saturation of the media mentioning in depth, the deplorable monetary crisis that has swept the world.

The Summits & endless meetings held in luxurious settings by these world leaders & experts alike, has done nothing to dispel the problem or offer any solutions.

Most obvious, is the lack of admittance by the monetary experts to admit any responsibility!

Or most concerning is, not one of these experts can offer a creditable reason to the millions of investors they have let down, as to why it happened? 

The bankers & financiers alike, apparently have little hesitation in taking enormous bonuses for their contributions that add up to billions of dollars for their own fortunes!

Not bad work if you can get it!?

Imagine the ease of such employment terms? As an entrusted executive of any International banking system, being given a virtual open licence to spend enormous amounts of other people’s money without any concern for the success of failure of the investment choices made!?

Better still, if the whole investment portfolio goes sour, then, with minimal explaination for the disaster, ask the government for a few billion to keep afloat! A simple formula of taking another bite of the people’s money through another route –  more direct & simpler than the first avenue - legitimately, resultant from a disaster!

Where is the accountability? More to the point, who is responsible? Additionally, why have these perpetrators not been made to explain?

Why have they not been forced to re-inject these massive bonuses back into the banking system that they clearly destabalised by reckless decision making? 

Their apparent lack of concern for the end result that has effect millions of people is going un explained & unpunished.

Imagine the Tax Department reaction of any government when they are told  by the everyday tax-payer….

‘Sorry, I cant explain why but bad luck people – there is no money from me but tell you what, lend me a few million & wait a few years. It will be okay. Sorry about that but it’s not my fault’.

I highly doubt they would understand or accept such an explaination. The certain factor is no monetary relief would be given simply because of my stupidity.

This is just another example of a system that clearly does not work any more nor give any stability or comfort to the emerging generations to come. It has become riddled with ‘legalised criminals’ who have exploited the licence of trust within the population - with the hard earned money of innocent, trusting investors.

The irresponsible behaviour of both bankers & governments across the world who let this situation go unchecked to the point of collapse, must be held accountable.

There is little doubt that the legacy we have left for the next generation is nothing short of a disaster.