The Global Economic Crisis
Presented by polkingbeal67 & smolin9
Earthwatch presenters – polkingbeal67 & smolin9
“Join us to watch human life unfold on the Pale Blue Dot.”
MMBC Earthwatch
Highlights, interviews and analysis from Earth’s media (Mar 2013)
A proposal to impose a levy on deposits in Cyprus threatened a run on the banks right across Europe, leading to a potential catastrophe for the entire global economy.
| polkingbeal67: | I gather a lot of Earthlings are very angry about their economic situation at the moment. | |
| smolin9: | Yeh, all over the planet, people are very angry with their governments. They think their politicians are too controlling, too intrusive and too interfering. | |
| polkingbeal67: | So, what do these people want? | |
| smolin9: | They want their governments to do something about it. | |
| polkingbeal67: | They’ve all been borrowing too much money from each other. If you ask me, their global economy is heading for the cliff edge. | |
| smolin9: | They’ll be okay. They have so many clever people working as economists and financial experts. | |
| polkingbeal67: | Oh really? Like I said, they’re right at the edge of a cliff. What strategy are these experts adopting? | |
| smolin9: | They believe they just have to stop worrying and move forwards. | |
| polkingbeal67: | Crazy prokaryotes! I don’t understand. If they have all these economists and financial experts, how come their money systems are all failing? Running financial institutions should be simple. Perhaps they’re too focused on the big issues. | |
| smolin9: | Could be. The last time I was visiting Earth, someone was selling them outside Marks and Spencer. | |
| polkingbeal67: | Eh? Well, tell me, did you use their banks while you were down there? | |
| smolin9: | Oh yes. It was all very confusing, so I took advice from one of their expert financial brokers. But one morning I tried using a cash machine and I got a message saying ‘insufficient funds’. | |
| polkingbeal67: | All your money had gone? | |
| smolin9: | Not mine. The bank’s! | |
| polkingbeal67: | Did you go back to your expert financial broker and tell him? | |
| smolin9: | Yeh, I did. But he’d had a change of role. | |
| polkingbeal67: | Oh? | |
| smolin9: | Yeh, he was the guy who sold me the Big Issue. |
© MMBC (Morys Minor Broadcasting Corporation)
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See also:
The Wormhole Reports
Smolin9’s Snapshots
