Britain to partially nationalize banks
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U.K. government to partially nationalize banks[^] Some people call it the advent of socialism. But, it's the taxpayer's money. So, the taxpayer must have a say on what is done with their money.
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U.K. government to partially nationalize banks[^] Some people call it the advent of socialism. But, it's the taxpayer's money. So, the taxpayer must have a say on what is done with their money.
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U.K. government to partially nationalize banks[^] Some people call it the advent of socialism. But, it's the taxpayer's money. So, the taxpayer must have a say on what is done with their money.
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It's better than paying someone for bad debts then junking them. I'ts interesting to notice that Sweden did this (I believe in 1992) and in time made a profit.
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Trollslayer wrote:
I'ts interesting to notice that Sweden did this (I believe in 1992) and in time made a profit.
We did? :~ I thought banks were deregulated back then. I must admit that I'm not 100% sure. That could've happened earlier than 1992.
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At least taxpayers get something for their money - they can expect to get that money back when the situation will be better and banks re-privatized
Where do you expect us to go when the bombs fall?
Ka?l wrote:
re-privatized
I don't see another Margret Thatcher in Britain's future.
MrPlankton