Is it just me, on does no one on earth appear to be able to control the current Global Financial Crisis?
It is in times of crisis we seem to discover whether a leader has any substance or metal. George Bush has not passed the test for me, and consequently, I fear the American people will spend years paying for the failings of both his Administration, and much of it's Foreign & Fiscal Policies.
It is the men & women in "Main Street" as the Americans call it I feel sorry for, particularly for the 300,000 Brits whose money is in IceSave, the Icelandic Bank. It appears that all their assets had been quite literally frozen, as many faced the prospect of only getting back £35,000 to £50,000 maximum, and then only after lots of time, effort and several months it seems?. However, now it seems their money is safe?
For those IceSave customers with over £50,000 invested, who, one assumes were attracted by the higher interest rates, it seems that their savings are now going to be paid in full by the British taxpayers. This is good news for them, but surely the government can not keep bailing everyone out as they simply don't have the resources to do so?
At times like these, we hopefully learn what is really important to us, which I trust for you is your health & your family? Having tens of thousands of pounds may bring comfort, but it often seems to bring unhappiness to those that have more than they need. Contentment in Life is mega, so whatever your situation, I trust you are content, or will be able to adapt to any unfair circumstances Life throws up so that you get there soon.
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