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Seeing the British establishment struggle with the financial sector is like watching an alcoholic [â¦]. Until 2008 there was denial over what finance had become. [â¦] But the scandals kept coming, and so we entered stage three â what therapists call "bargaining". A broad section of the political class now recognises the need for change but remains unable to see the necessity of a fundamental overhaul. Instead it offers fixes and patches.
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