SCMP – Oct 14, 2008
Am I the only person to have noticed how quickly individual governments and economic organisations have been able to react to the financial meltdown?
Seemingly, with very little investigation as to what really has caused it and what can be done to prevent it again, they have been able to find billions. Yet when it comes to the environmental meltdown, such as polluted air and water and global warming, governments procrastinate – saying the research is inclusive, the free market will solve it and that it is just too expensive to fix.
The trillions of dollars currently being spent propping up a defective system would have gone a long way to tackling these problems and ensuring a safer, healthier place for our children.
The government’s lightning reflexes show that money is far more important than clean air or water. Let’s hope that in 20 or 30 years there will be enough left of both these so that the bankers can enjoy their money.
Gareth Jones, North Point