My Blog this week is me having a gripe about financial entrapment by the current banking system and how nobody can truly get free of them and how I feel the governments around the world are colluding with them to make sure we don’t break free.
Like I said I want to air my feelings about how I feel about the way the banking system is not beneficial to small business’s. I see it like this, My business and and many others like me are victims of this credit come banking crash. Our order books are down, future business is still looking quiet for the foreseeable future and there is a general air of unhappiness in the consuer market. My business didn’t cause this disaster, other retail oriented business didn’t cause this disaster the banks did by luring people into credit traps that many couldn’t truly afford, net result, bang credit crisis.
The offshoot from this now is small business’s like me are having to use valuable capital that would have been used for growth i.e (employing someone) on surviving these lean times. many other business’s haven’t even got those resources to survive and are having to go to the banks to try and borrow money, (get into debt to you and me) in order to survive and where do you think the banks got this money from? (because remember they lost all theirs), from us.
So not only have we had to bail out these institutions with our money we now have to go to them to borrow it back and get charged by them to do it at whatever rate they deem fit to charge us.
Why did the government give money to a failed institution? when they could have given it to my business and business’s like me and I would have then put it into the bank and used it wisely to help me survive the economic downturn and the bank could use it to help themselves get out of debt plus I could have got a bit of interest from the bank for depositing the money with them which I could have used to maybe employ someone to help grow the business net result a new wage in the system that would have been spending money in turn helping regenerate the economy. or is that a bit too straight forward and obvious or is it that the various governments just don’t give a s*_t about small business’s or any manufacturing other than banking or cars. come on let me have your thoughts good or bad
yours
the boss
