Wednesday, 20 May 2009

Another go at 4500

Hope that is the top of the market for now- it is good for no one when markets rise on nothing more than 'free' money.
The damage done by banks is still filtering through to the real economy, and my heart goes out to the thousands of small businesses that will not survive. For a long time now millions of Brits have been squeaking along making minimum payments on credit cards, and all too frequently I hear how small business people have deluded themselves thinking their business is making money. This is the knock on effect of our society's distorted view. It is like the American dream, it never really seems to happen and most people scrape by thinking how it'll all turn out like a Disney film. The world needs dreamers, but dreaming is free, and needs no credit card.

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