Is Economic Apocalypse Coming?
The Owen Jones Podcast
00:00
The Banking System Is More Stable Than It Was Before Two Thousand and Eight
There is still a lot of debt am. The question as to whether or not that then becomes am a, you know, threat o financial stability depends on the scale of the crisis. Bank profits have been extremely healthy over the course of the last couple of years because they've been helping big companies merge with each other and take advantage of what's been going on in financial markets. House prices will probably remain quite high for some time until things get more stable.
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