Over the last few months the British Government have spent insane amounts of money trying to bail out the banking system here. Only today the "Westminster Muppet Show" have decided to cover the losses of the Royal Bank of Scotland to the tune of £20bn. I have no idea how many zeros that is.
This means that the "WMS" now owns about 70% of the RBoS. This includes mortgages, loans, credit card debit, the lot. As we all know, this situation is repeated at many more of our banks. Therefore, this means that the Government now owns much of the countries assets.
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