What we could have spent £1.3tr on
What we could have spent £1.3tr on
Out of context: Reply #4
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- kelpie0
I think the key thing is that all this cash is not actually 'money in the bank', its the kind of financial abstractions our system has been built on since the 17th century. That system requires that the banks are saved, bottom line, or we all go to hell in a hand cart. Its not pretty, and they be doing it wrong, none of us really know yet, but although this article is illuminating in terms of the broader issue of cost of Real Things Vs long term financial alchemy, its basically a fluff piece pandering to people's ignorant outrage and understandable fears