On the telly again being a total clueless weapon. 'Stop banks investing and loaning to each other, just have them for deposits not betting!!!!'
This man edited a national newspaper, how did he do this without understanding that banking only works due to investment and lending on capital markets. Or no one gets a mortgage, or credit or anything ever.
Kelvin the problem is over confidence and lunacy, it's not defect inherent in the way the system works. You tosser.
In other news, got to love the goons who make absent minded comments on Question Time spilling out bilious ire about as insightful as a turd commenting on apartheid. Magic.