As I have said before, I don't understand economics. The economics that I have some inkling of relate to the pound in my pocket, the price of bread & milk and hoping that the money doesn't end before the month does.
Cross fingers, touch wood etc, despite the headlines I don't think that the credit crunch has affected me yet. So why am I panicking like the rest of the herd?
This time last year I was worried that my family and I were going to be wiped out by avian flu. It was a crisis that was mentioned day in day out by every newspaper, TV and radio channel. We were doomed, all doomed; but me and mine survived, as did everybody else!
Isn't the current economic crisis just a repeat of last years news? The 24 hour news agencies HAVE to have a crisis to report in order to justify their existence.
Wouldn't pulling the plug on BBC News 24 and similar channels that peddle pessimism, doom and gloom every hour of the day be a cheaper option than nationalising the banks?