He continued: \’British citizens will be burdened for many years with either higher taxes or cuts in public services because of an economic crisis… cooked up in trading rooms where many people earned annual bonuses equal to a lifetime\’s earnings of some of those suffering the consequences.\’
We still have something of a problem here Houston.
Which is that, while everyone says that bonuses were the cause of these problems, \’coz it\’s obvious, innit, there\’s no actual empirical proof of this contention.
Absolutely no one has yet shown it to be true.
We can all construct arguments where it might be true: but before we go around trying to solve the problems, might it not be worthwhile finding out whether it is in fact true?