Google is your friend.
- ..but not yours apparently..
- I’m not doing your work for you.
If you have questions, do the research.- No, you are the one proposing something be done so you should say what you mean by “Nationalise”. If you mean just seizing assets, well this usually leads to being invaded or at the very least strict trade embargoes.If you mean that banks would be forced to sell then how do we pay them? Do we borrow this money? Is that really an improvement to create huge state debt? Do we ‘print’ the money? If we create the money how could we reasonably expect the banks to accept our then deflated currency? In this scenario we are basically back to taking it from them. Even if we pay them in currency that is worth something we would still need to withdraw from all our trade deals including CER.You remind me of a flatmate when at uni. He always used to say “but we could just have a revolution” somehow oblivious to the fact that that doesn’t usually turn out too well.
- I see, Ed, that our good friend “Stunned mullet” is living up to his moniker and resorting to the passive-aggressive non-answer. Well done for humoring him, but don’t let him upset you; serious readers will have taken in your excellent point about bank profiteering.
- Moz me old chum how’s the blog going ?