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	<title>Ryan Brennan Smith - The Journey &#187; credit crunch</title>
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	<description>In pursuit of higher consciousness</description>
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		<title>My Take on the Current Economic Crisis</title>
		<link>http://www.ryanbrennansmith.com/current-events/economic-crisis/</link>
		<comments>http://www.ryanbrennansmith.com/current-events/economic-crisis/#comments</comments>
		<pubDate>Fri, 17 Oct 2008 19:57:41 +0000</pubDate>
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				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[credit crunch]]></category>
		<category><![CDATA[economic crisis]]></category>

		<guid isPermaLink="false">http://www.ryanbrennansmith.com/?p=124</guid>
		<description><![CDATA[[Photo courtesy of azrainman] I grow more and more bored of the British media. Fair enough, the current world economic situation is not optimal, but really.. what&#8217;s with the need to scaremonger the public with doom and gloom prophecies? I don&#8217;t know the future and you can bet neither do the media.. even though they [...]]]></description>
			<content:encoded><![CDATA[<div class="myimage"><img src="http://www.ryanbrennansmith.com/wp-content/themes/paradox/images/posts/economic-crisis.jpg" alt="My Take on the Economic Crisis" /><span style="font-size: x-small;">[Photo courtesy of <a href="http://www.flickr.com/photos/azrainman/2085541144/">azrainman</a>]</span></div>
<p>I grow more and more bored of the British media. Fair enough, the current world economic situation is not optimal, but really.. what&#8217;s with the need to scaremonger the public with doom and gloom prophecies? I don&#8217;t know the future and you can bet neither do the media.. even though they try to convince the public they do. If anything, these are exciting times.</p>
<p>Man has always found a way to circumvent his problems.. why should this be any different? If I&#8217;ve learnt anything from life, it&#8217;s that the only certainty is change.. and yet for some odd reason so much emphasis is placed on &#8220;security&#8221;.. securing our jobs, securing our living arrangements, securing our families.. financial security. What a massive illusion we&#8217;ve created!</p>
<p>It&#8217;s amazing to think that banks were created for the safety of our money and now after so many years<span id="more-124"></span> of &#8220;security&#8221;, many UK banks are only <a href="http://www.yorkshireeveningpost.co.uk/business-news/Bank-collapse-compensation-figure-raised.4557040.jp" target="_blank">&#8220;securing&#8221; deposits up to £50 000</a>. That&#8217;s a pretty crap deal for some of the wealthier members of society. I&#8217;m sure many of the international banks are dishing out similar raw deals. Speaking of raw deals, it&#8217;s a bit absurd when immoral bankers finally collapse under the pressure of their own greed that invariably the low lying tax payer has to fit the bill.</p>
<p><strong><em>Money -noun:</em></strong> &#8221;any circulating medium of exchange, including coins, paper money, and demand deposits&#8221;. Money will never secure the human race. Money is inherently worthless. It is simply a medium to store value, a better way to exchange eggs for milk. Who creates that value in the first place?? I do, you do, we do. So upon deeper inspection we could say then that the search for security leads ultimately to ourselves. It&#8217;s times like these where <a href="http://www.gordonbrown.com/" target="_blank">misguided politicians</a> should direct the search for security not at the solidity of our banking systems but instead squarely in the hands of <em>every</em> individual. <strong>You </strong>have the power to change the world, <strong>You </strong>have the power to solve some of its problems. Don&#8217;t think that this power lies in the hands of bankers.. after all aren&#8217;t they ones that got us into this mess in the first place?</p>
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