Forum | Interesting stuff from Mr Jones today by StokieBlue

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Interesting stuff from Mr Jones today 10:22 - Oct 20 with 782 views

This might be quite popular here but I fear Mr Jones may have finally gone full momentum:

https://www.theguardian.com/commentisfree/2017/oct/19/british-banks-trusted-nati

His ideas for funding the nationalisation are quite interesting, no choice swapping of corporate shares for government bonds, quantitative easing to buy up shares or simply nationalisation without compensation. I think the last one shows how Labour might be planning to pay for their nationalisation strategy for many businesses.

We already had the things he wants however most of the building societies could be demutualised for profit under Labour. The German model he wants is interesting given their state owned banks largely went bust during 2008 because they weren't sticking to their remit.

"There is surely no alternative to public ownership."

SB

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Interesting stuff from Mr Jones today on 10:31 - Oct 20 with 739 views

No9

He is absolutely right on one thing - British Banks cannot be trusted.

Hardly a day goes by without them up to something dodgy-

https://www.globalwitness.org/en/press-releases/uk-banks-money-laundering-risks-

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