SKY NEWS: Sky's Jeff Randall Live asks Larry Elliott, economics editor at the Guardian, with growing signs that bank lending is drying up, do the new rules go far enough to avoid a repeat of the credit crunch on both sides of the Atlantic?
Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018