Something is missing in the current financial crisis. Why aren’t we hearing anything about securing company funds deposited in banks? We have heard about governments compensating individuals, but is there going to be compensation for companies that may have had their funds in a bankrupt bank? It’s fundamental that salaries and suppliers be paid… Imagine the Danone or the Nestlé group without liquid assets because their cash has been swallowed into the bankrupt mass of large banks!
I haven’t read any declarations, or seen any moves to reassure the millions of employees, stockholders and management. It goes without saying that if the liquid assets of large industrial companies were menaced, it would represent a fatal blow to the economy, because event the state could not compensate companies in good financial health.
So is there really a crisis? Aren’t we faced with an artificial move where we are made to believe that thousands of non-honored $150’000 loans are weakening the planet’s economy? Just like we are made to believe that global warming is due to man’s activities? Have we not entered into a regime of globalized fear as a political and social weapon? Something already used in the Middle Ages during the wars of religion, when fear reigned supreme.
