‘Saver can forget about 100% deposit guarantee’, said Brown, who at the same time blamed the Irish government, which offers guarantee, for pulling depositors money out of the UK.
As an ex-financial genius, Mr. Brown should know that it is still a free-trade, capitalist markets. When people don’t like what you offer, they go somewhere else. For years the UK has been doing just that. it was in our favour, after all. Now we feel the other side of the stick. No foreign government is to be blamed; we would have done the same. Again.
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