You can’t go anywhere at the moment without being slapped round the face with yet another doom-mongering headline or another bank being plucked from the edge in the nick of time. An astonishing £2trillion has been pumped into the financial system globally since this whole thing went pear-shaped, and still there’s no confidence in the financial markets.
Our beloved leaders have stood firm behind their little lecturns, looking stern and telling us that it’s getting sorted. But still the headlines show panic and chaos in the markets, and there’s no sign of the fat lady singing just now.
Just what the hell is gong on?
Well, I’m no financial expert, a fact that the huge amount of debt I racked up in my 20’s is a testament to. I’m a financial dunce. If I went to the stock exchange people would laugh and point and kick pennies in my face.
So while the truth behind what’s going on in the markets isn’t something I’m overly familiar with, I have my own ideas about where this whole thing has come from. And it ain’t pretty.
The reason for this whole thing is the fact that the entire global financial system is founded on 3 of humanities worst traits.
Greed. Fear. Self-preservation.
How can the civilised world be so dependent on the whims of a few, when those whims are fuelled purely by such selfish and reactionary qualities?
It’s like having the global financial market under the control of a couple of monkeys, trained to push a button when they’re hungry and trained to throw shit around if the other one takes too much food.
It’s too crazy for words. How can any of us have confidence in such a flawed system?
To have confidence in something you need to have trust in it, and all of this shenanigans has proved that it’s not a system that can be trusted. Same goes for things in your own life as it does for the financial markets, by the way – real confidence is being able to choose your behaviour with implicit trust in that behaviour, and knowing that you can deal with whatever happens.
How successful would you be if you had implicit trust in your own fear and greed, and chose to operate from those places?
The system’s deeply flawed, and I hope that it goes for good to be replaced with something that’s more humanistic and value-led. But my fear is that it’s far too deep rooted to shift without something utterly seismic, and I don’t think this is it (yet).
There are some signs of European countries taking action and there seems to be a ground-swell of opinion that’s noticing what’s wrong, so I guess the trick is for us to keep noticing what’s wrong and talk about what we see.
If everyone was to engage with the things that having meaning and relevance to them and to reject or let go of the rest – perhaps that’s the only way to have this adjustment play out and see things reset to a more human, meaningful level.