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It’s all over the news John. First Silicon Valley Bank collapsed, then HSBC bought its UK arm for £1. Next it was Credit Suisse calling the debtors in. [1] And now there are concerns about Deutsche Bank. [2]

 

The people we trust to look after our money are still treating our economy like a casino just like they did back in 2008. With so many of us already struggling amidst the cost of living crisis, we shouldn’t have to pay to bail out the banks again.

 

We need a complete overhaul of our banking system, John. We’re sick and tired of reckless bankers gambling on our economy. It’s time for a secure public banking system that puts people not greedy banks first. 

 

Please John, watch our new video calling for a public banking system and help us share it far and wide online by hitting the buttons below.

You could also share the video by forwarding this email onto a friend!

 

Since Positive Money started back in 2010, we've been fighting for a better banking system. One that separates the public good of our payments system from greedy banks’ pursuit of private profit. And this recent chaos proves we need this now more than ever. 

 

Together John, we need to get this message out there. That an alternative, secure public banking system is possible. We can’t let too-big-to-fail banks keep betting on our financial system and leave us to pick up the pieces when their gamble doesn’t pay off.

 

Hit the buttons below to share our new video now John, it only takes 30 seconds.

You could also share the video by forwarding this email onto a friend!

 

Thanks for all that you do, 

Nicole, Positive Money

 

 

Notes:

[1] Positive Money blog: Fresh crises reinforce the need for a public banking system

[2] CNBC: Deutsche Bank shares slide 13% after sudden spike in the cost of insuring against its default

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