King was not much better. He, however, had a better balance. Fact is that the UK is sliding rapidly into instability because of its openness to the world economy and its failure to even begin a reform of the banking system. Yes! We will see a repeat of the world financial disasters that have plagued this post 2000 period. This time the UK could be at the centre of instability. Someone trained our young economists to be dunces and to think that society itself being socially parasitic was acceptable. Or, is it just Cameron / Osborne forgetting how stupid Thatcher's money market banking system Big Bang reforms were when viewed as a social dynamic. We now see the consequences of bad structural reforms of a banking system that was working forty years ago in a socially benign way but now acts as a social parasite destructive of all the values society needs to succeed.
