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37 Billion To The Banks - Question ?

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Any answers appreciated

We have loaned 37 billion to the banks. The share prices have now gone down big time, so our loan is now worth less. But what happens if a bank is nationalised like northern rock, where do we the tax payer stand when the share are worth nothing but the government (us) own the bank ???

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Any answers appreciated

We have loaned 37 billion to the banks. The share prices have now gone down big time, so our loan is now worth less. But what happens if a bank is nationalised like northern rock, where do we the tax payer stand when the share are worth nothing but the government (us) own the bank ???

if the shares are worth nothing (as seems highly likely)... an we the tax payers own 70% of nothing then we have precisely .7 * 0 = you guessed it = 0.

this is fairly simple math but try and get a labour politico to explain it to you ...

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  • 285 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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