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We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.

George Osborne

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George Osborne
Age: 53
Born: 1971
Born: May 23
British Politician
Economist
Historian
Journalist
Politician
Writer
George Gideon Oliver Osborne
Thinking
Deeply
Fail
Failing
Whether
Bigs
Bail
Need
Potentially
Needs
Sustain
Think
Banks

More quotes by George Osborne

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I'm fed up with Britain being condemned to this future where we borrow the Chinese in order to buy from the Chinese the things that they make for us.
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We will also target tax evasion and off-shore tax havens... Everyone must pay their share.
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The Conservative Party mustn't sound like the old man on the park bench who says things were better in 1985, or 1955, or 1855.
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Well look, no one takes pleasure from people making money out of the misery of others, but that is a function of capitalist markets.
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The Foreign Office is a very important arm of the British state and I think Britain has a fantastic diplomatic service. We are the only country in the world spending 2% of our national income on defence and 0.7% of our national income on aid. We are the only country in the world doing both of those things.
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You cannot tackle Britain's debts without tackling the unreformed welfare system.
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I would also like to see children aged between 11 and 18 taught financial education in a structured way in schools. I would also say that that is not enough. You have also got to improve numeracy skills, mathematical skills in schools.
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I reject absolutely the idea that people should know their place, and know their class.
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Establishing proper economic governance that allows the Eurozone to undertake the integration it needs whilst protecting the interests of the single market for all 28, the rights of member states who are not in the Euro - including of course the UK - is really important for the future of the European Union.
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We have supported the banks, they should be supporting the economy now.
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We support the auto-enrolment but we have our doubts about the way the National Pension Scheme is going to be structured.
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The foundations of a strong economy don't rest alone on the decisions of Chancellors or the spending programmes of government.
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I want Britain to be a global financial centre but I want it to be properly regulated.
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I didn't come from a traditional Tory background it was urban and metropolitan.
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Even a China growing at 7% or indeed less is still adding to the world economy an economy equivalent to the UK or more.
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There are those people who don't want change. Well there needs to be a coalition for change amongst the hard-working mainstream majority of the country to crack on and sort out Britain's problems.
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We should be looking at putting a limit on the interest that can be charged on things like store cards.You don't want to end up with totally draconian credit controls but you want some common sense. We want cooling-off periods for store cards so people can't take them out and go straight to the counter and buy things.
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What I'm interested in is Britain projecting itself abroad, and through that its values and the things it holds dear. And I don't think you do that by refusing to talk to the world's second-largest economy [China]. In fact, that is positively counter-productive in my view.
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I understand the damage the expenses crisis has done to Parliament, and the paramount importance of restoring trust in our politics.
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Britain has no divine right to be one of the richest countries in the world.
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