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| Rose of York | Thursday, 18. September 2008, 15:55 |
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For some years I felt that everything was getting too big. Small building societies merged with what were, then, considered to be large ones, and the combined ones were eventually swallowed up by even larger ones. Then, building societies converted to banks, at first offering private loans, progressing to small business finance, and so on. In the retail sector supermarkets wiped out small grocers, then the hardware shops. When did you last see an independent shop, in the centre of a small town, where a man can buy a shirt? Supermarkets are involved in banking, estate agency, insurance, even providing doctors' surgeries. British utilities are owned by companies based overseas. Good job they were not owned by German companies in 1939. Today, governments world wide are making a concerted effort to save the banking system. Could this be the start of the New World Order? Looking on the bright side, Japan provides financial help to the West. It's better than what happened in the forties. They were shooting each other in those days. |
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7:28 AM Nov 25