I'd have let several banks collapse, yes.
Presumably not the one your money is in? From a moral hazard perspective, thats the right thing to do, but its politically impossible.
the working class all thought they could have a place-in-the-sun and that this was normal and reasonable. It wasn't. It isn't. Its going to end horribly
Agree completely. And all the more so because a lot of those people don't see themselves as working class.
Spanish Costas may be down 40% now
I'm not going to cry over that one as Spanish inheritance tax is brutal if you dont do your tax planning properly (and my parents didnt when they retired there) so I'm on the hook for that at some point. And I wont be crying over there being a lot less chavs and english bars out there.
If this is World War Two then its 1941
Agreed. Its going to be pretty traumatic for most people.