Friday, March 04, 2011

On yer bike!

On yer bike! £1.40 per litre of petrol. Refugees heading for Europe, Humanitarian crisis in North Africa. Unemployment,recession, democracy, dictators. How's your 2011?
Who to blame? The bankers?

http://letstryeurope.blogspot.com/2011/03/king-says-living-standards-may-never.html

The dictators?
http://letstryeurope.blogspot.com/2011/02/better-devil-you-know.html

Unemployment and government cuts are brutal in the UK(and Europe).People's standard of living and quality of life is very quickly worsening and will continue to do so for the foreseeable future, and as the link above suggests may never actually recover. The relative comfort of the last 30 years may always be seen as the halycon years. European life may now come to resemble that of Americans, the gap between the rich and poor much more obvious. Families may now truly find themselves without the things that we took for granted-3 meals a day, heating, education, healthcare, functioning police and local councils, affordable travel, and the list goes on.

We are lucky here in Hong Kong although we are experiencing some increased inflation, especially in the price of air-fares-but at least we have the sun and warmth. Let's not forget though, that Hong Kong continues to have a sizeable proportion of its population living in crippling poverty-look at the street outside and the elderly collecting rubbish etc. The minimum wage should help to redress slave wages for many, and the inflation that will bring, but Hong Kong is not an island(strangely), it is affected by world events. The effects that Hong Kong experiences are delayed, and uncertain, but they are there nonetheless.

It always comes back to the bankers-no matter where you are. They toddle on regardless, having been saved by their governments.Those banks that were not bailed out throw up their hands and proclaim innocence-they were also bailed out, if the other banks had been let to fall, the dominoe effect would have been devastating no matter how large and secure the bank.

Governments continue to allow these banks to function as before-why? As the true cost to people throughout the globe is becoming apparent, pressure needs to be put on those resonsible for this financial meltdown. Nationalise all banks, or at the very least inflict punitive measures and tight iron legislation upon all of them. Who cares if they move elsewhere?-Let them, as each government falls into line, they will have nowhere to run-FUCK the bankers!

More from me

http://letstryeurope.blogspot.com/p/time-for-revolution.html

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