Yet another fine start – but we are all in it together

Leaders of the western world have explained to their electorates that when it comes to the credit crunch “we are all in this together”. Of course that is simply not true. When it comes to economic wealth and economic turbulence we are not all in it together. No one for a single moment believes that Mr Fred Goodwin, former Chief Executive of the Royal Bank of Scotland is really suffering as much as a family whose breadwinner has lost his or her job, or (more…)

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