owe the bank £100, you got a problem.
owe the bank £100m, the bank got a problem.
owe the bank £100bn, the taxpayer got a problem.
It seems the taxpayer has become the guarantor of their own deposits.
What then is the point of the banks?
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@ 2008-09-23 – 09:59:54
owe the bank £100, you got a problem.
owe the bank £100m, the bank got a problem.
owe the bank £100bn, the taxpayer got a problem.
It seems the taxpayer has become the guarantor of their own deposits.
What then is the point of the banks?
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