In the years following the financial crisis, the UK wasted £445bn on a failed scheme to stimulate the economy and end the recession. This was one of the biggest missed opportunities in history. Here’s how it happened and what would happen if the Bank of England had taken just a small fraction of the money they’d created, and put it into the real economy instead…
We need your help to share this video! Please take a few minutes to:
a) Share this video on Facebook
b) Tweet it – try to think of people who might be interested and mention them in your tweet
c) Email the video to your friends:
Text that you can use:
I’ve just watched this video which explains why the government was cancelling school rebuilding programs and flood defence programs because they’d ‘run out of money’, even though the Bank of England was creating £375bn to pump up the financial markets. I think you’ll find it shocking: http://bit.ly/videoQE