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When Gordon Brown launched the PPP scheme to essentially finance infrastructure development off the balance sheet, it was not an investment bank to blame - but
by Ntrails 11y ago
When Gordon Brown launched the PPP scheme to essentially finance infrastructure development off the balance sheet, it was not an investment bank to blame - but a politician looking to fiddle the books to look good.
GS are a symptom, not a cause. They have a license is because they did and do what the people in power wanted, and until you can come up with a way to change the people in power and the incentives they have to stay there...