General Discussion
Banks only hold minimum amount of cash reserves, and have to do so by law.
The EU parliament yesterday also passed the Copyright Directive, which has widely been described as “ending the Internet as we know it”. As this article explains, it will create two Internets; a heavily censored one in the EU and a free Internet in the rest of the world. https://capx.co/the-eus-censorious-copyright-directive-will-create-two-internets/ Did the people who voted Remain ...
https://www.dailymail.co.uk/wires/pa/article-6855645/UK-set-adopt-new-EU-speed-limiting-rules-cars.html Another beauty from Big Brother EU. What I'd like to see them do, is crash test a car off the white cliffs of Dover with Juncker, Tusk and the rest of the dummies on board.
Bank assets are also their cash/reserves
Banks 'assets' are loans they've made. Money deposits are banks liabilities. Also, the UK has the highest employment in europe. It's all project fear. Yep PM's tactics are disgraceful.
It is clear the PM is going around bullying and making promises to various people to get her deal through as nothing as changed on it. I think that worries me more than the poor deal she wants to push through. What is she promising and who is being bullied by her?
@Lynne it won't, I meant way way way way in the future ;-)
When/if Brexit is ever delivered I shall probably give up voting altogether. Brexit has proved that votes are virtually worthless.
@S - what makes you think that Brexit will be over any time soon?
@burneside what about when Brexit is over?