According to the latest news the world is in an unprecedented economical crisis.  I was born in Argentina, a country in constant crisis, and I’ve seen crisis where people raid supermarkets because they don’t have anything to eat, where the banks freeze your money while they devaluate the coin to return you only an oat from your oatmeal, where the raided supermaket owner shoots himself the following day because he’s lost his lifes achievement.  Nothing to be proud of, but one should never look away from these things.  That has never afected the first world.  In england today, the media fills us with panic advertisement for the current economical crisis.

But is anybody, specially the economical institutions, aware of the crisis or trying to do anything for a change?  It is in times like this that there has to be a call for the restructuring of burocratic and government institutions, not only cut bonuses, and bail out banks, but optimize these institutions for future “happenings” (which never happen by themselves).  Has anybody heard anything about restructuring or change? 

Banks are on the edge of the cliff, but no action has been taken within the institutions.  For some, it is made impossible to open a bank account.  It seems as if they are not interested in having peoples money.  Lets take my case.  I go to Barclays Bank to open a bank account with my proof of address and enrolment letter to university.  I am an EU citizen.  But no, because I don’t have an id card from my country of origin, Denmark, I don’t “qualify” for an international student bank account.  As I have not been living in the UK for more than 3 years, then I don’t qualify for a UK Student Bank account.  But I don’t work either, because I have a student grant from the Danish government which I am lucky enough to be able to live from, so I don’t qualify for any other type of account.  

Now my thought on this is the following.  A university student is a potencial earner in the coming years, hopefuly he will be making good money and buying a house and getting hooked up on a loans and debts, having to work for the bank, not for himself.  Added to this, there is an economical crisis in which banks cannot sustain themselves because many costumers have withdraw their money, amongst other “bigger” reasons.  So why on earth don’t they take peoples money, and potencial money.  A good buisness man would keep potential costumers happy as they would do with their current costumers.  So banks, at least Barklays Bank, seems to be managed by a bunch of retards who have no idea what to do in the current crisis.  There needs to be a call for restructuring, and it has to happen now.  Not when the world has finally fallen appart and people really suffer from it.

Stop calling the crisis as if it were a morning cereal (“Credit Crunch” is the term used in England), and start calling it a CRISIS, we need to take this seriously.

 

Tagged bank, Barclays, credit, crunch, economical crisis, england