Well, here's hoping. The "free" market without any role for the State doesn't seem to be doing too well, either. If you'll pardon the pun, the penny seems to be dropping: that such things destroy everything that conservatives exist in order to conserve.
it would be better to find regional banks and stock exchnages re-established. the Newcastle Exchange was always most succesful.
ReplyDeleteAlmopst certainly no longer a realistic option, although I quite agree that this would never have happened to Northern Rock under such circumstances.
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