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by tonyedgecombe 135 days ago
>Let banks operate and merge across borders, especially neobanks/fintechs.

I'm not sure more centralisation of banking is a good idea. Too big to fail and all that. The UK has never really recovered from the banking crisis thanks to its oversized financial activities.

1 comments

Oh, you mean the declining economy with (checks notes) the largest startup ecosystem in Europe? :-)
The economy where per capita gdp has hardly moved in the last 15 years.
Do we want more GDP? Look where that plan took America. Europe seems to feel it has enough GDP and can pursue additional goals.
If you want to abandon GDP growth then you will need to completely rework our economic and political system. I'm not sure we have come up with a suitable alternative so far.