Quote Originally Posted by BenArfa10 View Post
Valid points, you've cleary watched The Big Short.

It was a flippant suggestion said in jest not seriousness. Surely you're smart enough to discern that.

But to be flippant again, People suffered through austerity to bail out those banks. Banks that were complicit in the crisis and they go hand in cap to the Govt who say here's the money you need, no worries, the weakest in society are the ones who should foot the bill. That alone is good enough reason for the banks to the foot the bill as yet another economic crisis looms. Yes this time it was not their fault but neither was 2008 the fault of the weakest in society who paid heavily under austerity.

Austerity doesn't work by the way. I'm no economist but to have been in a good position to deal with the crisis, in the 7 years prior we should have been a nation focusing on developing industry, manufacturing and exporting so that we build up a trade surplus. There's a reason why the German economy has been such a behemoth for decades.
since the 80's its been the goal for all governments to build an economy based on london's square mile little labour costs etc for greater returns - sadly that has been goal of the EU mind they would like to strip london of it's financial power