Thursday, July 21, 2011

Euro Crisis and the UK

Daily Mail: Reports that homeowners and UK business face an increase of banking costs due to the raising debt structure in Europe, the costs of borrowing from Europe by UK banks will be transferred down the food chain. Thus folks my original argument that taxing Euro banks although no UK banks will still be damaging, one way or another the UK will get shafted, all banks are inter connected, thus UK investors will end up paying European taxes for a Euro currency that the UK is not part off, that is how insane the present crisis is at the minute folks. Should the UK really be in the EU.

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