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Originally posted by ted4d
Originally posted by zerozero00
reply to post by bigyin
Hmmm....A haircut eh?
If they took cash from the top 10% wealthiest people ....thats lets say....5.6m people
they average net CASH balances of £123,000 ($186345) compared to the bottom 10% average CASH is £400 ($606),
So £12000 cash off a balance of £123,000 would raise 67billion
and none of the poor would even notice nore would the richedit on 27-3-2013 by zerozero00 because: (no reason given)
The average cash balance of the top 10% of adults is NOT £123,000! You really think 1 in 10 adults have that money!? That is a ridiculous statement.
The top 10% of households are now 850 times wealthier than the bottom 10%, the ONS said. It also revealed that half of UK households have just £400 in net cash at hand, compared to the £123,200 in cash balances typically held by the top 10% of households.
Originally posted by bigyin
Bank of England is expected to tell UK banks they must raise billions to keep out of trouble.
source
Your left wondering how they might be expected to do such a thing. Are they to just make it up out of thin air, sell something, cut wages, or are we looking at a depositor haircut aka Cyprus Style on the cards ?
Despite the tons of money flung at these criminals and there never ending partying they still are costing us dear.
I say close them down and seize all the assets of those working in the banks as proceeds of crime.
Originally posted by bigyin
Bank of England is expected to tell UK banks they must raise billions to keep out of trouble.
source
Your left wondering how they might be expected to do such a thing. Are they to just make it up out of thin air, sell something, cut wages, or are we looking at a depositor haircut aka Cyprus Style on the cards ?