Sunday, February 15, 2009

The UK’s monster banks

Just how big are the UK banks

Nice chart illustrating the frightening fact that the UK's four largest banks are approximately the same size as the UK economy. And how exactly are we going to bail them out? It puts me into a cold sweat just thinking about it.

Posted by inflationwatch @ 03:48 PM (1060 views)
Please complete the required fields.



4 thoughts on “The UK’s monster banks

  • We forget that the bailout is just a bigger bubble than the last(mass of malinvested resources). When it pops, 100yrs of socialism has run its course. What will we get from that? Liberty or Tyrany? Depends whether we or the reprobates take charge.

    Reply
    Please complete the required fields.



  • The figures are a bit out of date. Barclays has overtaken RBS at the top of the table with £2tn of assets, thanks to £900bn of gains on derivative contracts. It could just as easily go £900bn in the other direction and wipe the bank out though. The takeover of HBOS by Lloyds has already happened.

    Reply
    Please complete the required fields.



  • ……………….Than their boots………………..it appears !

    Reply
    Please complete the required fields.



  • Thevoiceofreason says:

    Comparing assets of a bank to the national income for a year is like comparing apples with oranges.

    Compare assets of the banks to the total assets of the country if you want a more accurate comparison.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>