I feel it may still be too soon to see whether it was the right call, or how 'right' it was/is, until we have a little historical parallax between now and a few years from now, so we can review the effects, in the UK and the rest of Europe.

been wrong before, will be so again, but here I'm not judging one way or another until I see a little more

"It's no longer IOKIYAR....It's OK If You're A Republican, but IOKBYAR--It's OK BECAUSE You're a Republican." -- Me

is good IMHO (short of say a nuke going off or something else incredibly violent.) The longer we prop up the zombie banks, the longer they have to eat the brains of the healthy. It's time to start letting the dead die and the allow the living the chance to live. The longer we wait, the worse the falllout gets.

Think of it this way, how much better would we be now had we not had TARP and let the insolvent banks crash in 2008? It would have been painful yes, but would we have OWS on the streets now had the banks folded? Would we be undergoing crushing austerity under the thumb of the global elite? Would any of the damn global elite have survived (financially) to keep this crappy, corrupt system flowing?

Screw it, let it all fall down. We'll start with wheat and farmers again and build from there. In 3-5 years we'll be back in business and stronger than we've been in decades. Everyone would have less, but at least what you'd have would be honest and fair.