Bodhi
Once agreed with Scouse and a LibDem at same time
- Joined
- Dec 22, 2003
- Messages
- 9,346
So you would quite happily let the banks fail? Interesting theory, but then it sounds a great idea until you have to clear up the shitstorm that would happen afterwards. Bills, wages, invoices, none of that would get paid. You'd pretty much grind the country to a halt overnight. And the Super Rich that Scouse seems to have a hard on for would be absolutely fine - it's the man on the street who would suffer.
Clearly mistakes were made in the run up to the banking crisis (ABN AMRO anyone?), but letting them fail would have quickly led to anarchy. Just goes to show that building a booming economy solely on cheap credit was fucking retarded, and explains an awful lot of the mess we are in now.
Clearly mistakes were made in the run up to the banking crisis (ABN AMRO anyone?), but letting them fail would have quickly led to anarchy. Just goes to show that building a booming economy solely on cheap credit was fucking retarded, and explains an awful lot of the mess we are in now.