Sunday, November 08, 2009

Treasury has got it inside out and back to front

email from 300-350 organisation: this week the UK government found another £40 billion to bailout of the banks just one week after the EU heads of state were unable to guarantee any new money to meet their obligations and to poor countries and to seal a fair deal in Copenhagen…

That sums it up. Governments are pumping money into the wrong end of the financial system

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