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    'mutual societies' are something we have (or...

    'mutual societies' are something we have (or rather had as there aren't many/any left here) in the UK (where I was from, I just moved to the Isle of Man). The idea is along the lines of a bank run...
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    Very simplistically, we should have had our...

    Very simplistically, we should have had our governments shaft the bond holders and set-up mutual societies to fund businesses short term capital requirements, dropped corporation tax significantly...
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