Sunday, October 12, 2008

A word from Francis Wheen

I don’t know a better summary of our ‘solution’ to the present economic crisis than the way it was explained by Francis Wheen on yesterday’s News Quiz on BBC 4:

The banks will be given £500,000,000,000 of our money and, in return, they are
going to lend some of it to us, and charge us interest on it.

I think that summarises very well exactly how rational our economic system really is.

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