If they could only see the future…
Posted by Nick Vassilev | Posted in Other | Posted on 25-02-2009
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I cabbie told me of a professor in finance who was talking on TV the other day. The guy had calculated that if the Government had given £100,000 to every legally working UK taxpayer 2 years ago (when small amounts of shit started to hit the US fans) the following results would have been achieved:
- No recession – imagine what a boost – everybody with a £100k in his bank account!!!
- No financial crisis – banks would have had tons of money to lend to whoever needed it
- Unprecedented economy growth
- £27b saving to the kind of money the Government had already spent to help the UK economy
If they could only had crystal balls…

