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Old 07-11-2009, 11:41   #11
papa smurf
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Re: RBS 2nd quarter losses top £2billion

Quote:
Originally Posted by Rob View Post
The issue is fast becoming not what would have happened if RBS (and other banks too) were bankrupted (effectively they were), but what happens when the UK itself is bankrupted because it is not buying these "banks" and other assets at liquidation stokc levels. Quite simply how much longer can UK keep going down a route which is unsustainable?

We fast have a situation because of the banking crisis throw everything at it, that instead of being one of the world's financial leaders, doling out financial aid, we need to receive financial aid
this will continue until brown is forced out ,or all the moneys gone [typical labour strategy ] spend other peoples money until the country's on it knees then hand it over to the torys to sort out.
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