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The shocking reality of how close Britain came to financial meltdown - BBC




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Title :  The shocking reality of how close Britain came to financial meltdown - BBC
Lasting :   7.16
Date of publication :  
Views :   186 rb


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Comments The shocking reality of how close Britain came to financial meltdown - BBC



Bailey Hood
We are not forcing you proceeds to say "he did not have a choice" brbrBrilliant
Comment from : Bailey Hood


Alex Modeen
We never recovered
Comment from : Alex Modeen


Alex Modeen
So not brexit to blame 🙄
Comment from : Alex Modeen


Annon Om
Only now we have a corrupt Tory government in do I respect politicians like Alistair Darling
Comment from : Annon Om


Music Fuhrer
When the miners, shipbuilders etc ie working class people, striked just to receive an inflation equivalent payrise, they were denied The entire state fought them But when the global financial crisis happened in 2008, the rich posh tory public school boys that broke the bank, the British government was very happy to bail those boys out It's a scandal! Happy days Enjoy Ask Tim, he's super clever Has a first in economics but voted for brexit Or Paddy I used to think he was clever, but maybe not so much so now I do know who the clever people are Those that voted remain, and are republicans Do please text me if you fancy a chat
Comment from : Music Fuhrer


Music Fuhrer
Anthony darling is a bumbling bankster owned scotiish cxxt Just like the rest of them
Comment from : Music Fuhrer


Music Fuhrer
Isn't it incredible that the UK taxpayer bailed out the Banks at a cost of 15 trillion pounds? And yet, if you miss a payment on your credit card, or overdraftnobody is bailing you out! This Darling guy works for a bank now too Corruption!
Comment from : Music Fuhrer


The Utopia
The banks should have been driven to break with no foreign ownership purchase of them The banks and the Bank of England remain a key driver of this nations deficiencies today This would have been an amazing opportunity to generate systemic change
Comment from : The Utopia


Leon
Captain darling sucks real good 'sir'
Comment from : Leon


Simon Maskell
Who was to blame for this Tories Brexit ????????
Comment from : Simon Maskell


Gary Walls
Let the banks collapseLet the consequences be calamitousThat’s what we need to move away from this failed debt-based Fiat systembrBring back a gold based system
Comment from : Gary Walls


FOODBITS NINJA
Well well ! Hello Uk 2023 lol how are we today hun? Lol
Comment from : FOODBITS NINJA


Molly Wobbles
Gordan Brown was an absolutely shite PM (I'm sorry) but as the man in charge of our money, he is the only man for the job
Comment from : Molly Wobbles


Nathan Melvin
Labours fault
Comment from : Nathan Melvin


Sankta Lucia
No one in the comments understands the work of investment banks, what investment bankers do
Comment from : Sankta Lucia


Doug Nuttall
I would urge people to check their pension and investments since this war started I checked and they are dropping like a stone Is this the start of a great financial crash?
Comment from : Doug Nuttall


Dawood Sulaiman
Excellent 👏, keep bailing out banks at the same time keep increasing the pension age and cut down pensions
Comment from : Dawood Sulaiman


Jabberwocky
I see Darling driving his new VW around Stornoway sometimes Not doing much for the UK economy
Comment from : Jabberwocky


Tatyana Moncayo
Online conference "GLOBAL CRISIS THIS ALREADY AFFECTS EVERYONE" on July 24, 2021! with translation to 60 languages Join ALLATRAUNITES COM
Comment from : Tatyana Moncayo


Emil
Shit is going to hit the fan soon and I already feel like my money is worth nothing Lets buy all the gold we can find and start a new country which currency is backed by gold, who is with me?
Comment from : Emil


Darren White
This day was the birth of crypto IMO
Comment from : Darren White


777Storm
The Times - January 3th 2009 - Chancellor Alistair Darling on brink of second bailout for banks
Comment from : 777Storm


Valentina Ramlal
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Comment from : Valentina Ramlal


Valentina Ramlal
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Comment from : Valentina Ramlal


closed
Most banks are Legalized M
Comment from : closed


laxy Kadu
I recently just started investing in bitcoin when I learnt it was $60000 through the help of Austin and just an hour ago I got a profit of $9000 into my wallet
Comment from : laxy Kadu


tidilie
But the 'rght wing' always say that it was labours fault? 🤦‍♂️
Comment from : tidilie


James Ockelford
Are they just delaying the inevitable and making it worse for the future - hyperinflation?
Comment from : James Ockelford


MoneyLoaders
Will you like to work and earn from home?? It's very easy, make as much as 5000 per month, depending on how hard you work Hit me up for details
Comment from : MoneyLoaders


Michael George
This hasn't aged well
Comment from : Michael George


Clint Richardson (@ClintFromNYtoVA)
We are on the eve of the big one
Comment from : Clint Richardson (@ClintFromNYtoVA)


jimmy hopkins
Gordon Brown doesn’t get the credit he deserves Without his intervention the country would be in turmoil
Comment from : jimmy hopkins


Joe Priestley
If you wanted a free curry you couldn’t asked no need to try cause a financial meltdown
Comment from : Joe Priestley


I cant be bothered with names
WE SHOULDNT OF BAILED THEM OUT, WE SHOULD OF JAILED THEM!! MOST CORRUPT GOVERNMENT EVER
Comment from : I cant be bothered with names


Boris
They should've been allowed to collapse
Comment from : Boris


SauceV ichealM
Coronavirus
Comment from : SauceV ichealM


Sir borris and Football Entertainment politics show
You went up to 3 trillion in a year come on that’s good
Comment from : Sir borris and Football Entertainment politics show


yeBoii
My god politicians love to pat themselves on the back They have just postponed an even greater recession
Comment from : yeBoii


Gerçek Aşk
Do you feel lonely? Dont worry Allah is with you We, as uwaises love Allah with a pure love We remember him morning and evening with the dhkr of veyselkarane Taste and see brYou can find veyselkarane dhkr on veyselkarane com
Comment from : Gerçek Aşk


Randal Davis
not doubt about it, you are going to need a new hat no rabbits in the old one
Comment from : Randal Davis


Bombing Box
I am Katelyn Ross a resident/citizen of the United States of America I am 51 years of age and I am a businesswoman I once had difficulties in financing my project/business If not for a good friend of mine who introduced me to Hammers Credit who is a money lender to get a loan of [$700,000 USD] from their company When I contacted them it took just 48 hours to get my loan approved and transferred to my account after meeting all their modalities as set forth in their loan agreement/terms and conditions Even if you have bad credit they still offer there service to you If you need urgent financial assistance you can contact them today to get a loan via this email address:[hammers_credit@yahoocom]
Comment from : Bombing Box


Russell Grant Appling
You people stole my money for the widows and orphans and the poor But, I still have ownership of those funds
Comment from : Russell Grant Appling


Forza223 Bowe
Thank the Labour Party for this, because of their wreckless borrowing the country was virtually bankrupt
Comment from : Forza223 Bowe


Zen
We should follow Iceland’s example of jail sentences for bankers
Comment from : Zen


M_G_
Capitalism at it's best!!
Comment from : M_G_


Joshua Degreiff
What UK can offer their own people or economy in general? “”Crickets””
Comment from : Joshua Degreiff


Arctic Ozzy
Gordon Brown actually saved the world
Comment from : Arctic Ozzy


King Jeremy Sir Cornwell
America bailed you out Britain is the bank, America is the commodity, don't forget brit
Comment from : King Jeremy Sir Cornwell


Jack meddings
God sake its like germany all over again😱
Comment from : Jack meddings


Mandy Fryett
I don't remember having food banks in the 60s we never had much but we got by lol
Comment from : Mandy Fryett


Clementine 321
This is why we need Full Reserve Banking instead of this horribly corrupt fractional reserve banking These geniuses are patting themselves on the back for recapitalizing banks that should have had 100 reserve requirements thus avoiding the crisis in the first place
Comment from : Clementine 321


6
So instead of having the damage done fast (and mostly to the banks) over 2 years - they transferred that damage (all of ot) to the little people to pay for over 10brbrI think it's time we show those people how big a price they'll pay for it - every last lump of flesh involved from finance to media to civil service to intelligence - slaughter them all
Comment from : 6


mick shnick
In don't understand why people cry about this so much Fine let the banks go bust and let's hope you can fight your way through the wasteland for resources We go through periods of boom and bust the Romans were probably worried about the same thing Stop being so small minded
Comment from : mick shnick


Dusan Veselka
banks were bailout the next day, bankers paid themselves millions in bonuses, looked out of the windows down on the working mob and laughed their heads off
Comment from : Dusan Veselka


Adam Goldsmith
Banks nowadays are arm of the government Why blame them they are doing what they are ordered to do by the treasury
Comment from : Adam Goldsmith


Aziz KHEMAKHEM
Don’t do these videos ffs, ur making the matter worse
Comment from : Aziz KHEMAKHEM


Rocket League Clips
If you thought 2008 was bad, just wait for the next one Bailing out the banks re-inflated the bubble and now it is bigger than ever!
Comment from : Rocket League Clips


moggy jacatore
it’s funny cause tranzit is a shit zombie map
Comment from : moggy jacatore


Voranart Sirisubsoontorn
Do not see how it could be
Comment from : Voranart Sirisubsoontorn


xybp942
Bitcoin
Comment from : xybp942


groMMit1981
Should of let them fail
Comment from : groMMit1981


Benjamin Goodrick
7th October 2018 - incredible to watch this video 10 years on
Comment from : Benjamin Goodrick


sicboi
Shane all around on the part of the banks
Comment from : sicboi


Connor Handforth
10 years later and we are heading towards another iceberg Titanic 20
Comment from : Connor Handforth


Mick Moon
You realise nearly the same condition for 2008 recession will be occurring in the future and the banks are not even stopping it because of the bubble
Comment from : Mick Moon


TheMightyHarihar
And no one went to jail
Comment from : TheMightyHarihar


Aniketh Deshpande
Good job
Comment from : Aniketh Deshpande


Jedievil
why is there a thing such as private banks? why not only allow public ones?
Comment from : Jedievil


Marcus
Lol negotiating? No you can take the deal or die theirs your deal!
Comment from : Marcus


super nova
Britain will be part of China
Comment from : super nova


Bobby Bobby
BITCOIN IS THE FUTURE
Comment from : Bobby Bobby


xxxzzz zzzx
c h i n a can save brexit
Comment from : xxxzzz zzzx


Octavian Caesar Hibernicus
As long as they all get their bonuses, that's the main thing
Comment from : Octavian Caesar Hibernicus


Jasper hanngan
Were all fucked
Comment from : Jasper hanngan


Greig Sanderson
Should of let them all collapse We've had 10 years of austerity and probably another 4-5 years with over £2t in debt
Comment from : Greig Sanderson


VIVABELLAVIVAHERMANO
If the Situation had failed, They would have release the military I hope Barclays Know exctacly what they are doing, No one will save that bank, it's not government owned like RBS
Comment from : VIVABELLAVIVAHERMANO


Chris Ward
Socialism for the rich They privatise the profits but nationalize the losses brDisgusting
Comment from : Chris Ward


Andrew Owens
Why on Earth are their food orders newsworthy?
Comment from : Andrew Owens


Anime Banz
If they're too big to fail, split them up
Comment from : Anime Banz


Wayne Bhagan
What do you deserve a medal Darling? It’s the Backs fault for being greedy Should not of bailed them out
Comment from : Wayne Bhagan


Oliver Bristow
They only postponed the inevitable and guaranteed that it will be worse when it all comes down
Comment from : Oliver Bristow


Lord Debrick
This is what happens when you put liberal-socialists in charge of the economy!
Comment from : Lord Debrick


Rhyne
Bunch of communists in the comments lmao Money is a necessity for society no matter how fragile of a thing it is It’s the people who doubt money that cause it to fail If you believe in money, if you have trust in banks, the economy won’t collapse After the Great Depression, Roosevelt closed the banks for an audit because he knew people would start to trust them and use them again The only way to keep banks and the economy stable is to use them It’s that simple
Comment from : Rhyne


David Fortune
Who paid for the curry? the tax payer again no doubt you bunch of shysters
Comment from : David Fortune


owenbevt3
"save the economy" more like hand the entire thing to a hadfull of bankers, at the very moment they were on there knees And I only just found out watching this that the cheaky ****s daired to try and hagle over the deal
Comment from : owenbevt3


Taresh Patel
It was a good idea to bail them out at the contingency of shareholding (wayyyy better than the US), but I still hate the smugness the BBC (an officer of the gov) presents this with House prices and living costs shot up and many executives walked away (or stepped down) with large bonuses nonetheless It was America's fault, but the British government should've kept an eye on what faulty American products the British banks were investing in Institutions that were meant to serve the people failed them; it was the middle to lower class that suffered through no fault of their own
Comment from : Taresh Patel


Rustam Moukhametzyanov
There were times when banks used to be a glorified gold storage, with one duty: make sure that money is tethered to gold 1:1
Comment from : Rustam Moukhametzyanov


derek hayden
I'm from Ireland and we were told just how close the world was to complete financial apocalypse, a matter of minutes, so I can't believe that only 10 years later we have to remind the worl
Comment from : derek hayden


Arjun Kumar
They are talking about curry lol
Comment from : Arjun Kumar



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