So, trying to put that into some sort of perspective... a million is the roughly the number of seconds in 11 days, a billion is the number of seconds in 32 years, and a trillion is the number of seconds since neanderthals last walked the earth.
Interestly, the banks will not come to the aid of the economy by lending again unless the government agree to underwrite the risk of doing so with taxpayers money. Its win-win for the banks whose first duty is to their shareholders rather than the public.
but surely the money loaned to the banks is being repaid with interest? surel Labour could not have been that stupid,as to not make a gain from this? Once the banks right themselves and return to full status, will the goverment sell shares to the public or will the banks simply hand back what they owe to the national coffers?