Sunak’s stimulus is a debt-con that will profit big banks

Industry News | 25/03/20

The Chancellor’s rescue package essentially turns the government into a payday lender. Over the last week, Chancellor and ex-hedge fund investor, Rishi Sunak, authorised a series of unprecedented rescue packages/stimuli presented by the government and most mainstream media as a bailout to protect the overall economy from total systemic failure.

Source: The London Economic