I’m no economist, and I couldn’t really tell you the ins and outs of why the world’s banking and finance system appears to have completely collapsed over the past couple of weeks. However, from the small amount I do know I find myself agreeing with what both Rowan Williams and John Sentamu have been saying. And I can’t help but feel this quote sums up nicely the greed and hypocrisy inherent in our current system:
“One of the ironies about this financial crisis is that it makes action on poverty look utterly achievable.’ It would cost $5 billion to save six million children’s lives. World leaders could find 140 times that amount for the banking system in a week. How can they now tell us that action for the poorest on the planet is too expensive?”
And another subject quite close to my heart, talking in relation to the hardships farmers in this country are facing due to bad harvests:
“If they can find $700 billion to support the market, will the Government – and bankers – help bail out our farmers? Farmers are facing ruin not because of bad investment, or speculation. Can we help secure the vital food security they provide?” (emphasis mine)
