r/Glasgow Tools

Title
AuthorTorran_Toi
Comment
> just the loans for businesses to keep them going (which seems unfair as there will essentially be bankers making a profit on those)

I had a brief look into this stuff earlier.

France said last week "not a single citizen will lose a single penny" and promised that no financial burden will be felt by anyone.

Meanwhile in the UK, 350billion fund available as business loans, granted subject to satisfactory credit checks and collateral being in place.

Basically, that 350bn isn't for you and me and all the other little guys. That 350bn will mostly be used to bail out Big Business and the banks.
Reddit Linkhttps://www.reddit.com/r/glasgow/comments/fkf5tj/daily_discussion_for_coronavirus_covid19_18_march/fktxjgf/
CreatedWed 18th Mar 2020 1:16pm
Statusnormal ()

Back to deleted posts list