robinmarchesi.com

Economic madness has come about in a way never before witnessed in my lifetime.
Banks have lost faith in other Banks.
Barclays, HSBKC, Lloyds/TSB, will not accept each others credit.
Cash only.
Stock Markets are just catching on.
For country also owes country, and how do they pay each other, if their Banks have no “trust’ in credibility?
We are on [...]

I go to pay a telephone bill.
HSBC wish to charge me £5 for the privilege. Lloyds has an hour long queue.
I walk the mile to Barclays. It is British Telecom’s Bank.
But no, I must line up and take out cash before they will accept my Lloyds Visa Card.
The Banks do not trust each other [...]