This is “back to business as usual” with bells on. The financial crisis has been the best thing that could happen for these banks. Yes, even I can’t believe it.
Our watershed moment to change the world economic system has not just been squandered, we have inadvertently reinforced the same structures and institutions that have created the mess in the first place.
Firstly, in our rush to regulate our financial system we have created a system that is much worse than before.