In this time of the credit crunch and economic recession, people are looking to their government to solve the problems. The problems seems to have been caused by the massive debts we have all accumulated. Many people have been living on credit to finance their lifestyle, the same goes for companies and even countries to [...]
Posts Tagged ‘crisis’
Credit crunch becomes economic crisis
For some time I think the Netherlands thought we would not so hard hit by the credit crunch. The only thing that hit hard here were the buy out of Fortis and the bankruptcy of IceSave. Fortunately all the savers got their money back up to the guaranteed amount. So I got my money back [...]
Another day in paradise…for how much longer?
Riches are relative, that’s why we may not appreciate what we have all the time. We take things for granted, untill we lose them. Most people in the western, ‘developed’ world wake up every day in paradise without realizing it. We wake up in a warm house, where hot and cold water comes from the [...]