In These New Times

A new paradigm for a post-imperial world

Ignore their howls of protest

Posted by seumasach on March 6, 2013

If bankers leave the country, it would be no loss

Simon Jenkins

Guardian

6th March, 2013

The peasants are revolting across Europe. They want bankers’ blood and mean to get it. Until now, public response to the credit crunch has been one of general bafflement and wrist-slapping. The banks persuaded the world it was all an act of fate. As it was, they were too big to fail and their leaders too saintly to atone for it. For four years, British banks were showered with nearly half a trillion pounds of public and printed money. They duly recovered and stayed rich, while everyone else went poor.

Read more

Leave a comment