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Ye Old Word Smithy
Thursday, 18 September 2008
Our lovely fiscal mess

The word for today is economy. How's that, these days, for a mouthful? I'm sure, if you're like me, you're following the market news, which, to put it graciously, is grim.

 

So what, indeed, is an economy? Well, in terms of definition, it's the wealth and resources of a region or country, especially in terms of the production and consumption of goods and services. Its origin is from the French economie, tracing back, perhaps, to Latin, which apparently took it from the Greek oikonomia, which stands for household management. Alas, if only the wonks of the world had left it at that simple level, more of us might understand its working and be able to protect ourselves from its miss-use and abuses. 

 

This morning, I watched from my kitchen window a humming bird help himself to the nectar from my honeysuckle vine. I envied him his ability to pull up, stick his beak in the flower, and fill up his belly free-of-charge. He is completely oblivious to the financial problems facing people today: problems, which are the product of dumb decisions made by men and women of yesterday. And so it goes.

 

Be safe, be well, be frugal.


Posted by Anna Drake at 1:58 PM CDT
Updated: Thursday, 18 September 2008 2:24 PM CDT

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