Paying borrowers

Isn’t it extraordinary that the very people who want the Government not to pay money to bondholders, which would bring about a default by the banks, are the same people who are complaining that banks are not lending to small businesses?

If the banks refuse to pay back money to people they borrowed from, then no one will lend money to the banks in future. This in turn means the banks won’t have anything to lend to anyone else, let alone small businesses.

Thomas Ryan