The Bi-Weekly Ezine from Gurdy.Net

If you have ever wanted evidence of the sheer take-your-breath-away craziness of how this normal world or ours operates, look no further than what's going on in the financial markets at present.

The word 'Fear' was widely used last week to describe the major sell off of stocks and shares - investors were afraid that fragile economic growth might falter and, by their very actions, they're trying to make sure that it does!!

Money markets continually push up the price countries have to pay for borrowing - because the markets fear that the countries will not be able to sustain that level of debt - and by their actions they bring the realization of their fears all the closer!!

Elected governments are no longer in control of the situation - with EU leaders running around like headless chickens in the face of downgrades of sovereign debt by rating agencies (all US-based) that nobody elected and that have, time and again, got their predictions wrong... remember these same agencies were highly rating Lehman Bros only days before its collapse.

And Standard & Poors' downgrade of US debt last week was because - and I quote - the Whitehouse should have agreed a deal on US debt sooner than it did. Some unelected idiot is telling the Government how to behave. Why is this person an idiot. Well, let's quote this morning's BBC International Website."The US debt downgrade will 'only add' to investors' worries" - meaning the whole vicious circle will simply get another spin.

Somewhere over the last seven and a half thousand years, the root of all evil crept under the garden wall and contaminated us. Our obsession with money is ensuring that we destroy people's livelihoods and lives in the process. And the end result is that those who have managed to amass enough money live in fear of losing it and, by their actions, try to make sure that they do.

Madness.