User:Liverpooldrivingschools



When I hear the news reports about Britain's economic situation amid ongoing turmoil across the globe, And the International Monetary Fund demanding tougher action to cut Britain's record budget deficit as the economy recovers from recession. I wonder how much of this money has been invested in the banks. Yes I said invested!

Because we will get this money back and at a profit! A bail out is money you probably won’t get back. But I don’t see this; the banks will be in profit or are in profit already. When we receive this money and the profits won’t this reduce the deficit?

And in turn reduce cuts in public spending and tax increases. However we still need the banks to lend so we can have more money in circulation within the economy this will be crucial to the recovery and the government. But yet the government ask the banks to hold more and more cash which is not going into the economy and not helping the recovery. If anything this is just sucking the life out of the recovery. Asking the banks to hold more money should be done in small steps until the economy as recovered fully. This will also help reduce the quantitative easing plus strengthen the pound and reduce the deficit, all at the same time!!!!!!!!!!!!!!!!! [UK Britain's Deficit 2010]]]