Bankrupt. Does the word mean “When banks corrupt us?”
Banks tempt us into living beyond our means with cheap loans and potentially with negative interest rates in an attempt to spend our ways out of recession.
What happens in an economic downturn is that people default or are unable to pay their loans … go bankrupt.
Can we look up to some Financial Messiah to save us or can we save ourselves from worse turmoils?
Can financial institutions act in a more holistic manner, not Robin Hood-style but more to financially empower?
Perhaps financially naive and totally utopian, but changes around us stimulates thoughts of rippling changes