Home > Economics, Life, Politics > RBS Nationalised, MFI and Woolworths Bankrupt: Are you starting to see the picture?

RBS Nationalised, MFI and Woolworths Bankrupt: Are you starting to see the picture?

November 28th, 2008 Leave a comment Go to comments

Royal Bank of Scotland is now a 58% owned subsidiary company of the British Government. MFI and Woolworths are both in receivership. Do you start to see the picture?

I have been warning people for some time that we are well into recession and headed towards a deep depression. Hold on to your hats because the next year is going to be painful.

Why is this happening? If you didn’t watch “Zeitgeist: Addendum” yet here it is. Sit back, get comfortable and grab a drink. It’s two hours long:

Share