Saturday 25 June 2011

Inside Job

I have watched this American documentary film "Inside Job" now 6 times, and each time I am at a loss for words. I know it is one person's perspective, I know it is the film maker's point of view, I know it is one man's story, but, it smacks of facts that cannot be ignored. And it touches on the out-of-control greed that is plaguing the world.

Just before the end of this compelling piece of work, there is an interview where the subject says "Why should a financial engineer get paid up to 100 times more than a real engineer; a real engineer builds bridges, a financial engineer builds dreams. and when those dreams turn out to be nightmares, other people pay for it".

So many countries in the world are suffering on the economic front, and greed sits at the centre of it all. These words "stimulus" and "bail out" are all about delaying the pain. By artificially propping up these failing systems we are trying to cheat nature, and it is going to come bite us in the ass like never before.

I am anxious about the next 6 months - the world is going to look very different in 2012.

Posted by Ronnie Apteker