Tuesday, 24 February 2009

Now hold on a minute....

Another fucking bailout? This time to the tune of


That's half a trillion pounds. For fuck's sake. Even Peston's pissed off:

BBC business editor Robert Peston says that if the deal is completed it will take the total support by British taxpayers to the banks to £1.3tn.

That figure, made up of loans, guarantees, insurance and investments, is equivalent to the entire annual output of the UK economy.

Christ, people were saying we were fucked months ago. This really, really is the final nail in the coffin.

1 comment:

Old Holborn said...

This is not the beginning of the end, it's the end of the beginning

Loads more to come. Just wait.