In a world where all matter is, however quantifiably vast, finite, that there should operate a finance mechanism based on a limitless expansion of credit currency is not only contra naturum but certifiably suicidal. It is, even as the front page headlines of newspapers around the world are saying, A GLOBAL CRISIS DRIVEN BY GREED of unconscionable speculators and gamblers who, having lost their investor’s money (while all of the top directors and CEOs of the major lending and insurance companies that have declared bankruptcy had the visionary foresight to sell their stocks as early as 2006), have thrown the affair back into the hands of the ignominious politicians to provide a tax-payer bailout of the very Market they so emphatically insisted that government must stay out of to let business run.
By Robert Luongo for Globalia Magazine