Czuch: Ok... what did these economists say, what was their belief based on, and what evidence do they have to back up such a statement.

And as for what are we doing now.... We've had to rescue a few banks from collapsing thanks to (as shown via info) from collapse. We are updating our bank regulation laws. We are changing the banking system in that big bosses will no longer get fat cat rewards especially if they mess up. We are thinking of possible criminal prosecution of certain bank leaders. Our BoE Interest rates have been cut to 0.5%. Certain help has been given in legislation to cut down on the number of repo's on houses.

And also our PM is facing possible hard questions due to that he was the man in charge of looking after the finances of this country before he took over from Tony Blair.

The people of this country want action taken so that such mess up's cannot take place as has happened here. EG RBS (one of the banks we had to rescue) bought as part of a consortium a foreign bank, they as reported by people who were involved with the matter at the time of the take over DID NOT HAVE FULL ACCOUNTS OFF THAT BANK. Because if they did, they wouldn't have bought it, someone remarked that realistically the foreign bank should have paid RBS and the others money to take it over, as it's accounts showed that most of it's 'assets' in the way of loans owed to it by people, were bad, going to be written off or sub prime loans waiting to go bad.

A fix to make sure it doesn't happen again is the people of this countries main concern. As it has effected many pensions and other supposed secure investments of the people of the UK.