the global financial institutions have said we are on the brink of another gfc, a huge one this time caused by the governments who have made bad loans and now don't loan money to countries because they don't know if the country can pay them back, greece is an example of this but there are others.
i'm not an expert, i have no idea about economics, money and financial systems but what i know is you can't live on credit without having to pay it back, and debt is the name of the game.
the system has no integrity, it's run by greedy people and lacks vision. the only thing these people are motivated by is profits and power and therefore they will fail eventually.
however the problem is they effect everything else, anyone who has savings, a loan or a bank account will be effected, i'm uncertain how exactly but we will end up paying the price for someone else's greed.
this is beyond political systems, it makes no different which side of the fence you're on, the bail outs proved that. the capitalists adopted a socialist solution and if the situation was reversed the socialists would adopt a capitalist one if it suited them. when your in power you do what you can to keep it.
the best way to deal with this is by non attachment to the gods that these people worship, power and money. these are abstract illusions if you like, i really believe that. a man has power over his dog and abuses it every day, same as a government has power over its people and abuses it every day, all the greater reality is a reflection of the personal one. if everyone dealt with their power and control issues i hope that would put an end to all power and control issues on a bigger level. imagine a banker going to work without such greed or a politician accepting he or she is flawed but tries their best to do a good job, for there is no need for perfection, humans are flawed, they make mistakes and do stupid things and as long as they are not destructive then i guess we should accept that. the problem occurs when we are sucked into other peoples realities, and after all, reality is a shared agreement. i feel intuition will get us awakened, and insight will guide us out. these are divine qualities, and perhaps people should invest more in these than the city bank.