Tuesday, March 10, 2009

IMF predicts worldwide recession

What was their first clue? Maybe soaring unemployment, high fuel prices, and now several states such as Texas are in a drought.

IMF predicts a global recession

Human greed has driven this problem. By driving up the price of housing, high cost of fuel, well, lets just go ahead and say the high cost of everything.

Does Exxon really need to make record profits every quarter? No, they do not. This shows that the company is only concerned with one thing, and that is money. There is nothing wrong with making money, except when that desire is driven by greed.

Greed, the lust for money and banks will destroy the worlds economy. As long as banks keep people in debt, everything is fine. Fine for the money changers that is.

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