UK Chancellor George Osborne soundbite on Forgiving Bankers Economic collapse

The transcript discusses the ongoing impact of a major economic crash, comparing it to historical events like the Victorian age and the 1930s recession. It questions the optimism of quickly moving past such significant financial disruptions.

What is a common question people in the banking system ask about the economic crisis?

• When will the crisis end?

• How can we prevent future crises?

• What are the benefits of the crisis?

• Who is responsible for the crisis?

How does the speaker describe the economic crash?

• As a financial opportunity

• As a typical recession

• As the largest since the Victorian age

• As a minor setback

To which historical period does the speaker compare the recent economic crash?

• The 1980s

• The 1920s

• The 1950s

• The 1930s

What is the speaker's view on the idea of quickly moving past the economic crash?

• It is realistic

• It is pessimistic

• It is optimistic

• It is inevitable

Why does the speaker believe moving on from the crash is optimistic?

• Because it was a planned event

• Because the economy recovered quickly

• Because it was the largest crash in recent history

• Because the crash was minor