Quote:
Originally Posted by jaysay
Not forgetting selling all our gold and for what peanuts, but even then we were the first in and last out of recession and now have £1 trillions worth of debt  |
A debt that will never really reduce as the interest payments alone are crippling. The banks got away with fiscal murder and some are now partying to celebrate. Ok I can see why they rescued the banks but would it not have been better to treat the banks the same as any other business? A bank would have let a business go to the wall if it had been as reckless as they were. We need to put a proverbial noose round their knecks that one stupid arrogent move would have them hanging themselves.