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The Positive Side of the Credit Crunch

by Julie MacLennan in Economics, June 6, 2009

How there are positive sides to the credit crunch.

Recent times have impacted hard on people as they find it a harder struggle to try to make ends meet.  However, I can’t help thinking that over the last couple of generations, in order to try to make things easier for ourselves, we have merely succeeded in doing the opposite.  We now have more cars on the road, which makes things a lot easier for us to get about, but it also means we spend a lot of money on petrol, there is more damage to the ozone layer because of carbon emissions, and children are getting exercise than they were in previous generations.

The credit crunch has meant very difficult times for many people, but on the positive side, people are now cutting back on things, such as using their car, and heating and electricity.  This has meant that rather than being stuck in a car, or in a house playing computer games, kids are now actually getting out and about more, which can only be a positive thing.  I have started to walk more to school with my son to try to save some petrol, and apart from saving petrol, it means we get more quality time together to chat, rather than a two-minute car ride where not much speaking gets done.

We are reverting back to more olden times, and it is not a bad thing.  Previous generations did not have as much as us materially, but they had more time together as families and communities.  There were no computers, but there was also no cybercrime.  People had more manners too in the olden days as they did not expect so much.

The only thing, in my eyes, that the olden days can keep is washing their dirty nappies…!

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