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Is the world banking collapse overhyped, or really something to worry about?

Is the world banking collapse overhyped, or really something to worry about?
raldon
I tend to think that news agencies sensationalise everything, and while I realise the world banking crisis is serious, is it just another story that will blow over? Or will it have repercussions for all of us? A lot of people are worrying after what they've heard on the news, and I wonder how much of that worry is really justified for normal folk.
 
Opinion by raldon
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raldon
raldon
Member Since: 23/11/2007
Country: United Kingdom
Age: 31
Created 18 polls and 7 topics
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pleven1
I do believe there is a problem with world banking and also believe it is because of the fat cats at the top who have only been interested in lining their own pockets. The panic is not about the problems for us, in the banking system, but that maybe some of the truth about what goes on may be made public. I think most of us are aware of petty pilfering that goes on inlower levels of employment, such as a couple of envelopes from the stationary cupboard; a few nails at the hardware store; a sandwich in the canteen. These are considered 'perks', now multiply that up and see what you get!!!
 
Opinion by pleven1

Dread67101
This situation occurs fairly regularly, although thankfully the last time was about 80 years ago and umpteen times before then. It is a normal if very challenging cycle that we have to work our way through, the situation will stabilise and then improve although it may be months if not years before we will see the light
 
Opinion by Dread67101

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Categories
Business Business

Tags
financial, banking, slump, crisis, bankrupcy, crash, collapse.

Facts

Category: Business
Subcategory: Banking
Opened: 08/10/2008
Close: 06/11/2008
Total Opinions: 3
Status: Open
created by raldon
Language: English
View on the web: N/A

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