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British taxpayer here. I'm completely fine with it. Makes me wonder what we could do had we invested that bailout in innovation rather than City of London banki
by hunta2097 9y ago
British taxpayer here. I'm completely fine with it. Makes me wonder what we could do had we invested that bailout in innovation rather than City of London banking.
- chiefalchemist 9y agoIf it keeps you from going to war (for oil) and/ or being manipulated in other way (e.g., by Big Oil) then it's money well spent.
- DEADBEEF 9y agoJust an aside, but much of the bailout money was recovered when the shares the UK acquired were subsequently sold on once the banks had restabilised.