Quote by Nigel Farage
The banking collapse was caused, more than anything, by bad government policy and the total failure of bad regulation, rather than by greed.
Summary
This quote suggests that the primary cause of the banking collapse was not greed but rather poor government policies and ineffective regulation. It implies that the collapse was not solely due to unethical behavior driven by excessive greed in the financial industry, but rather a result of inadequate oversight and flawed decision-making by those in power. The quote highlights the importance of robust and responsible governance and regulation to prevent such financial crises.
Topics
Failure
By Nigel Farage