Some rather stuttering performances by Darling this morning on the breakfast shows. See here and here. In one of the interviews he seemed more concerned about the weather. Surely, we are moving to full nationalisation of the banks by drip drip. I do not see where else this is leading.
The issues are: Will it work? Where has all the money so far given to the banks gone? What options are there left apart from full nationalisation? Moreover, are the banks being honest about the debts?
Old Moses is running out of options and time. I will return to this in a another posting.