I read in the BBC website about the poor UK growth would be hit. What kind of growth is that, that individuals should be concerned about?
Economies would never ever change, if they continue to operate within the current monetary framework. Being all engrossed in an insane pursuit of a growth based on imaginary, man-made, artificial 'products', that they could be anything else but products.
Economies invented constructs, hanging over precariously; looming; barely supported on thin pillars; like snakes eating their own tails, with nothing solid underneath to sustain their existence, as they are drawn out of the short-sighted, ignorant insistence, to satisfy the needs of steadfastly prescribed monetary rules.
In states administrations, growth indicators become an obsession. Rigidly adhered administrations would account as growth anything that comes into their clutches, no matter where it is coming from. They would have easily accounted as growth even illicit activities, being these loots of bank robbers, drug profits, black market if it was in their hands and if they did not fear the public outcry.
Still they welcome in their folds anything, that ingenious entrepreneurs out of dragons dens out there, all eager to make a penny, make money for the money, so gave away the once free phone directory enquiry service to a horde of disparate providers, council-run car parking to aggressive greedy operators, with telecom companies charging the tenths of the seconds and lots of other initiatives, a mundane task to go through.
And this is the growth they are after? Growth based on thin air? Growth that draws its profits directly out of the pockets, of individuals in a society, being no different than an additional tax, that individuals could without it. No wonder economies fail. That there is a credit crunch, as individuals are squeezed even further, by what governments regard and relentlessly pursue, as growth.
