Wednesday, January 21, 2009

Stiff upper lip, what!

Great Britain seems to be having a bit of a sticky wicket with all these banks:
Privately, something close to desperation is starting to develop inside government. After watching the slide in bank shares on Friday, one cabinet minister did not altogether joke when he said: "The banks are fucked, we're fucked, the country's fucked."
Harsh words, to be sure. The good minister seems to take seriously the possibility of a national bankruptcy, and there is no political alternative, Britain has all parties on board the neo-liberal shipwreck.


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