Monday, 30 March 2009 | posted by Matt_BC
G-20 London Summit 2009
I listen to the radio and watch the news and I keep hearing that the global economic crisis is due to the lack of credit. If only the money was out there to grease the wheels of the world economy then consumers would consume and producers would produce. To be honest, I can’t really get my head around the complexity of world economics but it seems to me we’re being told we loaned money to the wrong people and ended up with bad debt and crisis. Now we’re told we’re going to lend it to the right people and that’s called a stimulus. Really? Who gets to decide who the right people are? I hope we have some say in that decision and it’s not left to the sharks who loaned all that money to the wrong people last time and took their cut.
Choosing who the right people are, that’s the difference between a mess and a future. It will make it so much easier in the long run, and just as good in the short run. It’s the difference between walking up the down escalator and jumping the barrier to go up the stairs. It takes effort but for anyone, like me, who is serious about combating climate change that choice means only one thing – make the stimulus green.
Charlie Young
England
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