Yes i know it is important but i just can't seem to muster the required energy to care anymore about the global economy. I'm fagged out hearing about markets and GDP and growth because that's all we have heard about for the past 3 years.
So Greece is skint and America is struggling to pay it's bills and Ireland and Iceland and Spain and Portugal are on the verge of going belly up and everyone is worried about the markets. I...DON'T....CARE...ANYMORE.
God its so tedious and to make things worse, it's the poor slobs at the bottom of the pile of the broke nations getting the hardest hammering.
Rather than bail out banks, we should just let them fail. What's the worst that can happen? The markets will jump around a bit for a while but they will balance out and it hasn't cost us billions that we can't afford and will have to pay through less police and shutting all the libraries.
If we had just watched as Northern Rock burned down in 2008, it would all have been sorted by now and things couldn't have been worse than they have been and we wouldn't be so far in debt.
Let the PIIGS countries topple over now because at some point we won't have any money left to lend to them and we are going to have to just let them go anyway, may as well do it now rather than hundreds of billions of euros later.
America is now $16 trillion in debt having just done the equivalent of hiking up its overdraft so it can pay it's bills and you just know that it is going to have to do some serious taxing and cutting to pull that back or have to raise it again.
The whole thing is a shambles so maybe it would be best if the entire system just collapsed and we could start again and do it properly this time.
What's the worst that could happen?
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