Snowbound, whilst it's a passionate subject it's also just business. Some justified and some just money grabbing for the shareholders.
In my mind with the profits they make, every job a bank has should be done ON shore / locally. In fact why there's no Bank Super tax beats the hell out of me. BILLIONS in profits. It's simple if the banks want out them let them go. Another bank will gladly take their place.
But on the profitability side of things, you can't expect a company to fail because they didn't trim down their costs.
The first industry that needs to be shut down is the car industry here in Australia. Subsidized waste of tax payers money. And what rubs salt into the wound is the yanks can buy a Commodore for 10 grand less than we can and that include shipping it to the USA!
Expect mass unemployment as time passes.
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