THE PRO's AND CONS OF DEALING WITH BANKERS.
Consent_Withdrawn- Posted on Tuesday, June 27, 2017
Who are banks a friend to?
Maybe you?
Let's see...
BIG BUSINESS:
Pros:
Easy and cheap capital (relatively speaking) for sound business plans?
Sales bolstered from slight increase in overall purchasing power enabled by lending to everybody else?
Added competitive advantage over small business?
The retail therapy factor?
Excellent legal protection compared to the categories listed below, afforded by relatively large borrowing power?
Cons:
Overall depressive effect of so much profit being extracted at every level - economic braking if you like?
Increased competition costing all but those at the top more than it gains?
Free trade is probably just a myth - in this environment it is unlikely that you could hope to compete too well with those whose products represent nothing beyond abstractions of legislation and cost nothing beyond legal fees to create, in other words are the finance industry not still the gatekeepers to your success and therefore able to exert control over you?
Banks could likely only dominate the so-called free trade environment?
Banks' huge profits have a direct impact on the economy. They appear to be nothing much beyond a social liability in their current form, and whilst the need for employment drove the industrial revolution, is technology not now the future of the labour market?
Soon there may not be enough purchasing power to support any market if things continue this way, and machines will not make for much of a customer base as they do not earn an income?
General labour issues due to a challenging social environment, widespread distress due to inequality, working conditions and costs of living versus income?
Banks may or may not be the friends of big business. Essentially they are big businesses, but in such a way as to exclude themselves from that category. Is it beyond reason to perceive that what they sell has little or no intrinsic value, usually costs more than it generates - except for the bank of course - and in many cases represents a liability to the customer?
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SMALL BUSINESS:
Pros:
Easier capital than for the average worker?
Some support for higher cost industries which supply goods and services required by smaller businesses?
Startup support?
Temporary market demand boosts from finance to consumers?
The retail therapy effect?
Some additional legal protection afforded by financial reserves?
Cons:
Big business appears to have an advantage due to greater borrowing ability?
Reduced market due to economic environment constraints and economic braking effects?
Disproportionate burden of risk compared to big busines?
General issues with employment due to social damage inflicted upon the working class ie inequality, lifestyle issues and despair, drug problems, mental health related costs and collateral effects, social discontent and work stress causing widespread problems at domestic levels?
Overcompetition due to class stagnation and general uneasiness in labour markets?
Battles with unions over working conditions and employees' rights?
Industrial disputes defining too much of the political landscape and wasting government, business and employee resources, also distracting politicians from more constructive work?
Disincentives toward customer outcomes affecting the reputation of businesses in general?
Perhaps banks are not really friends of small business either?
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HIGH-PAID PROFESSIONALS:
Pros:
Relatively easy finance.
Plenty of important client issues to work with.
Higher social status in many cases.
Cons: high reliance upon reputation, pressure to keep up standards?
Ultra-competitive work environment in some cases?
Pressure to out-perform competition whilst maintaining high standards?
Excessive responsibilities?
Earning more equating to spending more, being used to having more, maintaining more, securing more, sometimes creating insecurity if you overdo it?
Market uncertainty?
Under-competition in some cases leading to overwork?
Worries about street crime or personal security?
Feeling the world is not safe enough?
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INVESTORS:
Pros: relatively easy credit if you're established?
Little to no labour required to do business?
A strongly dynamic need-driven market with plenty of demand?
Cons:
Market volatility and unpredictability arising out of the disadvantages of other categories?
Cutthroat business environment?
Easy come, easy go sentiment?
High risks?
Fear of failure forcing you back into business or work?
Maybe at best the relationahip is purely utilitarian? Only guessing...
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SELF-EMPLOYED:
Pros:
Finance adding to market demand?
Startup support if you can jump through enough hoops?
Supply chain?
Demand for jobs?
Potential for increased borrowing ability?
Cons:
Economic braking?
Fierce competition?
Difficult market environment?
Huge financial risk?
Social impacts of inequality and hardship directly affecting your own abilities or mental health?
How much have they helped you?
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WORKERS:
Pros:
A job market (which will rarely pay you what you earn for your employer)?
No need to do much beyond finding and keeping a job to maintain an income?
Possibility of borrowing to put a roof over your head?
Cons:
Industrial disputes?
Huge competition?
Pressure to earn - often beyond your capacity to work?
Fear of losing your job?
Being unable to pursue your real dreams and goals with what you earn and the spare time you have available?
Feeling trapped on a hamster wheel?
Degrading standards in workers' rights, quality of what you pay for, incomes versus living costs, social protections, political representation, and political accountability?
So who's helping who?
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POLITICIANS:
Pros:
Big bank donations to parties? (perhaps not any more)
An electorate with more unresolved problems than any elected representative could wish for?
All the perks which go along with administrative responsibilities?
Any advantages related to business or employment scenarios?
Elevated social standing, high status, excellent remuneration all based upon the importance of your roles?
Cons:
Constant pressure from the electorate to apply solutions to the problems they have which stem from systemic issues or the problems encountered in all other categories?
Constant anger from disenfranchised or under-represented and disadvantaged parties?
Constant shuffling and reshuffling of priorities?
Not being given scope to solve social issues?
Feeling mired down in a swamp like environment where it's difficult to do much to help?
Any disadvantages related to business or employment scenarios?
Misdirection of purpose - hamstrung by distractions and too many endless debating over facts?
Reputational damage, widespread social discontent with politics in general?
UNEMPLOYED:
Pros:
You can probably at least keep your money in one place?
You might get one or two shots at small emergency loans while your credit rating holds up?
Cons:
Your human rights are barely acknowledged?
Lost hope and sense of purpose?
Impossible to catch up and get ahead in life?
Impossible to manage problems before they all flow into each other?
Rapidly declining living standards, mental health and physical wellbeing?
Perhaps you're just being made an example of?
Talk to a bank. They're eager to serve you...
LEGAL FRATERNITY:
Pros:
Excellent job security?
Plenty of cases to deal with?
Cons: ever wish some of the people in these cases were just a little better organised, supported or empowered?
Ever felt like obtaining justice was more difficult than it should be?
Ever wondered if the public might perceive white collar criminals as being above the law?
Ever had issues with clients being concerned about inequality of arms in a case?
Ever had a case drag on too long?
It seems clear enough that banks use the legal system a great deal, and they would likely have an advantage over their adversaries in terms of experience and especially resources.
However, given all of the possible detrimental effects upon the rest of the community, and the way in which they endlessly flow ever-onward into so many related areas, could there not be a possibility that a more advanced social environment may reduce the disadvantages against the benefits for anyone concerned with achieving both a prosperous as well as a secure, peaceful, respectful community?
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LAW ENFORCERS:
Pros:
Lots of work due to misdirected blame, hardship and desperation?
Respect of the community or at least some of them?
Feeling like you're helping the community?
Cons:
Public skepticism in certain cases?
Mistrusted by disadvantaged communities?
Overworked, underpaid, feeling like the meat in the sandwich?
Very little support if the job affects you adversely?
Sure that something needs fixing but maybe not sure exactly what?
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THE REST OF US:
Pros:
Any advantage applyicable from other categories?
Cons:
Any disadvantage applicable from other categories?
If nobody is unaffected, just WHO in the world exactly does that leave which you can trust?
That's the real crux of it i think.
Doesn't matter who you are!
Perhaps banker's lives and lifestyles may not be perfect, but they do seem to be the only group who enjoy standards of security and abundance that should probably reflect life for all in the 21st century and it would seem most likely to be at our expense.
I feel that banks are only a real friend to each other, and most likely only fair weather friends at best. It wasn't always like that.
Not that long ago banking was more respected because it was more of a community service, but that is not the case anymore and even the Old Testament describes problems so long ago.
In the end if there is a god then when the time comes those who abuse free will to harm others will be the first to know about it.
I may have missed a lot in writing this piece, but I think on balance it goes to illustrate my point. I hope so anyway.