THE UNIONISTS SHOUT ABOUT LONDON'S FINANCIAL CLOUT BUT WHAT HAS IT DONE TO BRITAIN?

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We're often told how much we should be indebted to the City of London's financial clout but looking at the figures above we have the lowest growth in the G20 with the exception of Japan, which had an earthquake and a nuclear disaster!

What that means of course is that thanks to our lax banking system, put in place by Labour, we are basically fucked.  We are falling behind most of the G20's other countries as countries like Argentina, India, Russia and China race ahead.  How long will it be, until their standard of living is higher than ours?

Look as well at the debt figures.  Many of them are much lower than ours which enables them borrow more should they need it to promote growth.  I'm fortunate to bank with an Australian bank, (the Clydesdale), which wasn't allowed to gear up their lending by the Australian government, unlike what happened here.  Their debt ratio is 13.6% of GDP.  Other Western countries like the US are in a similar position, to us, although their growth is higher meaning that they will get out of debt quicker.

So in other words, the country has been bankrupted by the banks as we all knew.  We then bail them out and another part of the bankster hierarchy lends us the money to do it and every time money moves in the world they make money!   Merrily, they fucking laugh!