So says Guy Spier for CNBC here:
[T]his seems like a ridiculous witch hunt to me, and there is an atmosphere of “shoot first, ask questions later”, which is unwarranted, and is ultimately highly destructive to London . . ..
I find the hypocrisy to be massive: There are the Bank of England, the Fed and other central banks who, in cahoots with their respective treasuries are massively and successfully manipulating interest rates via quantitative easing — something which comes at very high and real cost to those members of society who were parsimonious spenders, and who saved up money for a rainy day, who are now earning pittance on their savings.
And these most responsible members of society are extremely ill-served by ... self-serving and bloated governments ... which ... for far too long, they have been living beyond their means and ... borrow too much.
