The power of government will be resumed~!
battle of the 2 devils (banks and government) Mystic…I agree with you that it won’t make things much better as this plays out but, who is it that always gets caught up in the cross-fire (civilians!)…This should give a new definition to the word ‘collateral’.
`Collateral damage` …….. that is very good.
I will have that as the heart of this theme.
Good video. Agree.
I think it is important to realise (as you, mystic, have previously expanded on) that the Urge to deflect & apportion blame will out gun fact.
I am not sure what form this banking will take but I am sure that it will be predated by greatly increased trade protectionism. To be at war but not quite.
Hmmm …. thinks …….
How about …. A country breaks up its banks and then, because some other country did not break up theirs; uses that as an excuse for trade sanctions~?
I know it sounds odd, but I am pretty sure the big banks are going to be broken. As `the` reform of money system (as opposed to a real reform of the money system).
Could be yes, guess depends on ‘blame/ do something!’ priorities. Anyway a mess.
On the ‘odd’: no, not odd to me. Politicos will respond to the peoples understanding ( any steps further in ‘understanding’, by politicians, will not be rewarded).
There is a series on Banking on BBC Radio 4 called Fixing Broken Banking. Preparing the ground work on the PR side? Some interesting points about local banks, pier to pier lending.
I have no doubt that the large and increasingly centralised banks are going to take a pounding, and they have only themselves to thank. Public opinion solidly against so would be a tempting political move. Will happen.
Don’t see this as a cause of trade wars, I think it will be more amicable at least if the Banks have any sense it will. It is a battle they cannot win in the short term. Necessary reform, new challenges and trading sections unfettered ……….
The flash point is more likely to be currency related.