AFTER governments announced a £2-trillion bail-out of banks across the world this week, charities and churches were left wondering whether there would be enough money left to help the poor.
The World Bank warned that the “unprecedented turmoil” in the financial markets, the tightening of credit, and the global economic slowdown could do “serious and in some cases permanent damage” to the world’s poorest people. This year, 100 million people have been driven into poverty. “That number will grow,” the bank’s president, Robert Zoellick, said on Sunday.
The Archbishop of Canterbury, speaking in London on Wednesday, at the end of a meeting of Christian and Muslim scholars, was asked who was responsible for the financial crisis. Dr Williams told reporters: “I was going to say Satan. . . The root problem is human greed.” The priority given to the poor by Christianity and Islam was not always reflected in the realities of economic activity, he said.
When exactly do the poor not suffer most?