Wednesday, 3 March 2010

If we had moved our money to banks that paid lower returns, the financial crisis probably would not have happened. It was our rush to high returns that sank Irish and Icelandic banks, it was us taking out mortgages we knew we could not repay that built the housing bubble.

Your revanchist idea just might work in the fight against pure greed - certainly arguments based on common sense or on ethics never did.

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