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£19,271

vamos [Edit] [Delete] 10:41, 3 July '12

'Each man, woman and child in Britain has already handed over £19,271. And our money has gone to the banks.'

Think this bit bothered me the most though

'In March 2008, just over three-quarters – 76.2% – of all bank and building-society loans went either to other financial firms or on property for mortgages. Less than a quarter – 23.8% – went to what you might call the productive part of the economy – non-financial businesses.

You will be delighted to hear that things have improved in the crisis. This March, the proportions of loans taken by finance and property slumped all the way to a trifling 74.7%, while non-financial firms took a whopping 25.3%. And manufacturing got just 2.5% of all loans – even though it still makes up around 10% of the economy.'

http://www.guardian.co.uk/business/2012/jul/02/barclays-libor-scandal-change-banking-culture

Hmmm.... bankers, eh?


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