Pre-recession

( Naked Ape call me Caitlyn, Wed 28 Apr 2010, 17:22, 1 reply, 16 years ago)

It's interesting to note that the tax payer will make many billions of pounds out of propping up the banks
I'm surprised Labour aren't crowing to the rooftops about this, since they got so much shit saying it was terrible when they did it, but it's ended up being a very good investment.
(Bazongaloid, Wed 28 Apr 2010, 17:24, Reply)

It is, however it is fundamentally against the rules of capitalism, which is driven by success
with the weak being left behind. This leaves a healthy selection of businessess who can prosper. It's economic Darwanism.
( Naked Ape call me Caitlyn, Wed 28 Apr 2010, 17:31, Reply)

I agree
but there wasn't actually a choice, the banks simply could not fail. However, the thing to do now would be to break them up into smaller companies to prevent it happening again. But that's just not going to happen, and capitalism runs on to it's inevitable conclusion of one massive business controlling everything. Welcome to Tesco, have a nice day.
(Bazongaloid, Wed 28 Apr 2010, 17:32, Reply)

I think we may agree on something

( Naked Ape call me Caitlyn, Wed 28 Apr 2010, 17:34, Reply)