Comments by "Steve Parker" (@steveparker8065) on "Silicon Valley Bank UK sale to HSBC 'protects customers and taxpayers', says Chancellor" video.

Protects shareholders and UK tech companies while the cost of living crisis continues to bankrupt the taxpayer, the same taxpayer that bailed out HSBC in 2008. Where's the taxpayer's share HSBC profits? If a bank fails, that money doesn't disappear, someone profits!
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@oneeyedgirl617 It certainly is, a tiny minority own and control the vast majority of global resources and the poverty gap keeps growing.
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@geoffreycodnett6570 Technically that's true, but thanks to the £700 billion bail-out they were given implicit guarantees and the stabilization of the market via liquidity. The specific bailouts were only a small portion of the money borrowed that the taxpayer is liable for.
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