the yanks allowed banks ect to borrow large sums of cash to poor payers and surprise surprise the bad payers defaulted leaving a trillion pound mortgage debt .
greedy bankers from all corners of the world gleefully ploughed cash into this mad system ,lending to all and sundrie with no disregard for the outcome.
today this country is in turmoil with the likes of crazy labour and the gormless tories squabbling over all manner of things.in all honesty anyone with half a brain cell could have forecast this meltdown yet the so called leaders allowed the crazy spending to carry on.
look at the housing market,this mental goverment allowed prices to go into orbit simply because stamp duty was earning 7 billion per year,this country has now blown it all and is now borrowing shedloads to stay afloat.
the population has risen to over 60 million with experts predicting very soon this country will be the most crowded in the world with 75 million.
another recipe for disaster.
greedy bankers from all corners of the world gleefully ploughed cash into this mad system ,lending to all and sundrie with no disregard for the outcome.
today this country is in turmoil with the likes of crazy labour and the gormless tories squabbling over all manner of things.in all honesty anyone with half a brain cell could have forecast this meltdown yet the so called leaders allowed the crazy spending to carry on.
look at the housing market,this mental goverment allowed prices to go into orbit simply because stamp duty was earning 7 billion per year,this country has now blown it all and is now borrowing shedloads to stay afloat.
the population has risen to over 60 million with experts predicting very soon this country will be the most crowded in the world with 75 million.
another recipe for disaster.