Daily Archives: October 3, 2014

Millennials Really Don’t Like Big Banks. That’s Going to Disrupt the Financial Services World. – NationalJournal.com

October 3, 2014 By in Austerity, Business Administration, Millennials, People, Politics Tags: , , , , , , , Leave a comment

I may not be a millennial but I identify with the thread in this article from the National Journal.

via Millennials Really Don’t Like Big Banks. That’s Going to Disrupt the Financial Services World. – NationalJournal.com.

Let me ask an open question:

Surely, it’s time to clean house and break up the big banks?

Thoughts?

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Wonga is just a symptom of austerity Britain | Alex Andreou | Comment is free | theguardian.com

October 3, 2014 By in Austerity, People, Politics, UK Tags: , , 1 Comment
A shop window advertising payday loans.

A shop window advertising payday loans. (Photo credit: Wikipedia)

This article from the Guardian is well worth a read to see the underside of society that is eclipsed in the growth statistics. Check it out!

via Wonga is just a symptom of austerity Britain | Alex Andreou | Comment is free | theguardian.com.

Personally, I don’t agree with the Guardian but do recognize that there is still a huge problem with UK banks not functioning effectively. Also I do believe that austerity has been excessive in the UK.

Let me ask two open question:

  1. Should the Government put Wonga out of business as not in the national interest?
  2. Should pay-day loans be under the control of the European Commission?

Thoughts?

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