Quite a weak program since it dodged all the real issues.

The reason the banks never lose is that they lend out the same £100 8-10 times so it doesn't really matter if some people never pay them back as there still quids in from those that did – how else do you think they can afford all those credit write offs? It's no longer real money.

And where do they get 8-10 times more money? Simple, they just print some more (that's where inflation comes from) and use the magic of fractional reserve banking.

Don't fall into the illusion that money has any real value anymore and if it does it safe to say it won't have any by the time the bankers have finished playing with it.