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You couldn’t make it up! About two years ago the banks in Britain, the USA and all over the world began to go bust. It started over here with Northern Rock and culminated in the USA with the collapse of the giant Lehman Brothers, the biggest corporate bankruptcy in history. The problem for governments was that the banks were threatening to take whole chunks of the capitalist system over the precipice with them. The banking collapse and the ‘credit crunch’ were the triggers for a general crisis of capitalism.