littlemavis

Little_Mavis' rants and musings


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Things I don’t understand #1

I’m beginning to think I must be far more intellectually limited than I previously realised. There is so much I  just don’t understand.

The first issue that puzzles me at the moment is the “economic crisis”. I realise that there are more people around than (say) 10 years ago, although we have coped quite successfully with population increase in the past. I also realise (unlike many) that natural resources are ultimately diminishing, but again, that doesn’t seem to be where the problem lies. So let me work through this.

We still have the same amount of money (slightly more since we seem to have printed more) We have a few more people, but suddenly the country can’t afford stuff, and as a consequence lots of us can’t afford stuff.

I know why I can’t. I left a reasonably well-paid job and have taken a far less stressful but worse paid one. I know why other people who are in poorly paid jobs can’t. They have had reductions in the benefits which they used to top up income from even more poorly paid jobs. There are also the people who have been made redundant, either through public sector job cuts or through reduction in profits of private companies because all the rest of us can’t afford to buy things now.

What I really want to know is WHERE HAS ALL THE MONEY GONE? It was there before; it doesn’t seem to have been destroyed. Where is it?

I don’t believe it’s all being drunk, smoked and gambled by the poor. Admittedly, I have some (diminishing) savings that were put away for my old age, and although it now looks as if I may need that more than ever, there may not actually be much left by then but that’s not enough to explain the current crisis. So people WHO HAS IT? And why can’t we get it back?

I know I’m over-simplifying, it’s one of my vices but the question is still out there.

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