Read This.
The Penguin
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Letting off steam. You don't have to like it or agree with it, it is written for my benefit and no one else's. Feel free to add comments if you choose. There will be no moderation. If you choose to post personal attacks, I may well leave them there, so that the bile can fester in the sunshine of my approval, as I regard it from the vantage point of the moral highground.
2 comments:
During my 'O' level Economics (C1970's) I was taught that banks were allowed to "leverage" their deposited funds by about 7 times, seems they have forgotten that.
Ahh, but in those days the exams counted for something as well...
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