So let me get this right. In response to a “credit crisis” caused by people in A DIFFERENT COUNTRY FROM MINE lending other people money that they didn’t have in the first place, MY COUNTRY’S GOVERNMENT have bought shares in all the big banks that don’t give them any real control, and in return, the banks have promised to lend MORE PEOPLE MONEY?!?
Surely it would be best if people didn’t spend money they didn’t have? Surely it would be better if credit was altogether more difficult to get? Surely it would be better if debt wasn’t traded as a commodity? Because it clearly isn’t one.