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Old 15-02-2011, 07:15   #16
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 48
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Re: Top Ten Real Causes Of Banking Crisis

Quote:
Originally Posted by dazzer89 View Post
Clearly the political debate is complex, but anyone who thinks the Labour government are to blame for the current financial mess is either exceptionally ignorant or a rabid Tory.
Anyone who dismisses that they don't have a share of the blame is, by the same token, a rabid Labourite.

Interest rates, FSA / BoE, private pension grab, high public spending and various other policies all exacerbated the issue.

Not to say anyone else would have done it better but failings of governance were 50% of this issue.
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