Misdiagnosis of 2008 UK bank bailouts promises a repeat – and is pre-configured
Never again should the taxpayer bail out any banks After the 2008 UK bank bailouts during the Global Financial Crisis (GFC) we were assured that the taxpayer would never again be called upon to support ailing banks and bankers. Committees of the Great and the Good[1]accepted the narrative that the GFC was attributable to excessive [...]