Economy & Banks

wars in the middle east doesn't effect this countries economy... billions spent or wasted on defence budget... beg to differ in my opinion...

This thread isn't about the war, but the cost of that (mid 2010) was £9.2bn (BBC - http://www.bbc.co.uk/news/world-middle-east-11107739, the cost of borrowing to support the banks was £124bn at the end of 2011 and expected to continue for many years (NAO - http://www.nao.org.uk/publications/1011/support_for_banks.aspx). There's a big difference there.

The "bankers' bonus" quips is generally a convenient shorthand for the attitude of the industry and it's participants, and one that everyone can relate to and understand. However, while we're on it, RBS (a large chunk of that £124bn mentioned above) apparently paid out £1bn bonuses this (loss making) year (guardian - )so combined with Lloyds banking group it looks like at least a couple of percent of that money that we've given them they have just simply stolen...