Saturday, Nov 22, 2008
It's not a depression. Its a Dark Age!
The Times: Britain is in no position to laugh at Iceland’s problems
The scale of our problems has still not been understood. In essence the domestic banks are largely bust. The Government’s £500 billion bailout plan is primarily designed not to keep banks lending to small firms and to homebuyers but to prevent an unimaginable financial calamity.
Posted by cheekie charlie @ 10:40 AM (320 views) Add Comment
1 Comment
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1. fjcruiser said...
when is the run on UK banks starting ?