[Margaret Pilkington]

What gets me about this toxic debt is, the government have nationalised the debt, but not the profit making elements of the banks.
Perhaps it would have been better to give every current tax payer a share of the money that was given to the banks to bail them out.....at least the money would have been circulated....people would perhaps have spent it on refurbishing their homes(jobs for local traders)....or bought a new car(again ensuring the manufacturing sector stays solvent) they may have paid off their mortgages....getting rid of debt.
Instead the banks have taken the money and done precious little to help businesses, communities, and their customers.
Money needs to constantly flow to do the work that is necessary to ensure good financial stability.