financial meltdown

[miriam_e]

I hope all my friends in USA manage to weather this financial storm safely.

I've long disliked the insane dependence upon money these days and felt it to be exceedingly dangerous. Instead of feeling victorious at seeing the proof I can only shudder with horror and wish I'd been wrong.

Hopefully this period passes without too much damage to the ordinary folk. It would be nice, though, if this focusses attention on how much more of a threat the "greed is good" slogan is to life than terrorists. Terrorists never stood a hope of doing much damage, but obscenely wealthy corporate executives running scams could bring the entire country undone.

Comments

[sharpblonde.livejournal.com]

*sigh* They really can't keep printing money to solve their problems. It is horrible that the government there is beings so stupid with its money and endangering the livelihoods of such a huge proportion of its people. Not only that, it is an essential trade partner with Canada. We might have nearly as a hard a time weathering the storm the government has caused down there as they do. I'm not looking forward to it.

[miriam-e.livejournal.com]

Yes, Canada has always been one of the few countries I would consider visiting or moving to. The closeness to USA was always both an attraction and a drawback. The current financial problems in USA make me glad I never decided to move. I'd still like to visit one day though.

Canada's stronger emphasis on social support instead of USA's obsession with carrots for the rich may be your best safety buffer against the problems. Good luck.