Comments by "Fox" (@tomlxyz) on "TradingCoachUK" channel.

  1. The problem with Britian started with deindustralization and depending too much on finance outside its borders instead of having an own economy
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  2. The problem is that that whenever noone uses loans to invest taking out loans to invest gives huge returns which in isolation is a reasonable decision. So there's a natural tendency to go back to taking out loans again when things evened out
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  3. He made 500 million in total, a lot of it in stock options so effectively he didn't get 500 million after Lehmann Brothers failed as far as I understand
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  4. The money was still there but everyone who had some didn't want to hand it out anymore. That's why in 2008 the government decided to provide the liquidity the banks weren't willing to provide to avoid the same scenario as back then
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