Not really. The banks gambling with sub-prime debt is.

Do you right the Daily Mail? Only yesterday they were accusing Tesco of irresponsibility by selling discounted chocolate bars. Appraently, that's what makes people fat. Not the fact that they buy them and stuff their faces with them.

People make their own choices and should accept the consequences of their decisions.

It's the way to fund investment in manufacturing rather than living in a "consumer" society.

But how are those jobs paid for?

No it is sub-prime debt that's the issue. The banks playing around zeroes out.

I was unaware that the Dally Wail had been wronged but thanks for introducing a straw man, how very Dally of you



People are accepting the consequences of any decision to borrow, unfortunately they are also living with the consequences of casino banking too. Not only are people repaying their own debts, they are funding the extravagant lifestyles of the those who got us into this mess

I don't even know what your second sentence is supposed to mean. As regards your first one, I've yet to hear a single commentator say that the prime cause of the crisis was personal indebtedness. Most mention it as an aggravating factor only.

We could start by closing tax loopholes for the likes of Tesco and Vodafone. We could continue by making those companies pay their employees a living wage so that the tax payer didn't have to subside their profits via tax credits and whatnot.

What do you mean by casino banking?

But that's contradictory. If the companies were taxed more heavily that would mean they had less avaiable to pay wages. So, I can only take it that you mean public sector jobs. That smacks of a society without personal freedoms and with a small minority dictating to the majority about what they should do in all facets of their lives. That sysyem has ffailed around the world. Free trade and freedoms go hand in hand. So, we should be promoting free trade (albeit with the state punishing miscreants heavily).