Dear Bank of England Commitee,

Here's a poster from Upton Cross Primary School about making banks more secure.

By fantastic_grape

Comments (14)

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  • People should be careful because they are taking risks leading up to a final crisis. Which we don’t want,do we ?
    Please everyone out there that are talking risk stop and think before you do anything.
    We are trying our hardest to make banks safer.

    Please stop and think!!!!

  • for many years, people have been using trade. today, we trade for things we need/want, services, help, ect. but how did other people, a long time ago, get things they needed withought money?

    The first long-distance trade occurred between Mesopotamia and the Indus Valley in Pakistan around 3000 BC, historians believe. Long-distance trade in these early times was limited almost exclusively to luxury goods like spices, textiles and precious metals. Cities that were rich in these commodities became financially rich, too, satiating the appetites of other surrounding regions for jewelry, fancy robes and imported delicacies.

    It wasn't long after that trade networks crisscrossed the entire Eurasian continent, inextricably linking cultures for the first time in history.

    By the second millennium BC, former backwater island Cyprus had become a major Mediterranean player by ferrying its vast copper resources to the Near East and Egypt, regions wealthy due to their own natural resources such as papyrus and wool. Phoenicia, famous for its seafaring expertise, hawked its valuable cedar wood and linens dyes all over the Mediterranean. China prospered by trading jade, spices and later, silk. Britain shared its abundance of tin.

    In the early middle ages, as in other periods of history, trade was an important part of life. If a farmer had a surplus of livestock or produce, he would take it to the nearest market and exchange it for any one of the many things that would be needed around the farm: iron, salt, lead, hone and building stone, wine, fish, flax, antler, etc.. Common sense shows us that many commodities were unavailable on the 'average' estate, whether it was in Britain, Ireland or Scandinavia. Some of these things could only be found in a few areas. A class of professionals soon appeared who would carry these commodities from their place of origin to the markets - the merchants.

    Some of the commodities traded in the early middle ages did not have to travel far, for example fish. Most had to make a longer journey, such as the iron mined in Kent and the Forest of Dean, the lead mined in Bristol, or the salt obtained from pans in Droitwich and Cheshire. More 'exotic' items came from overseas, including quern-stones from the Rhineland that have been found in York.

    In addition to raw materials there were also finished goods, though these tended to be small items: for example jewellery, glassware, and weapons. These would end up in the homes of thegns and eorls who could afford them. We must also remember the smaller trade in finished goods such as pottery and woodcrafts. The commonest pottery in our period was produced in Stamford and Thetford.

    Today we use money: gold, silver coins, and money is important. it is nearly next to imposible to survive wihought any money. you might become homeless and not be able to buy food, or provide hygene for yourself. i believe we sould go back to trading as then it would be easier to live. like a leaf could buy you a sweet (about 10p) and you could swap a pen for a book and so on. but if everyone can just pick leaves off the ground , then any one would be able to buy off all the shops supplies and moneymaking wouldn't be as fun. bussines and jobs could fall apart as anyone could survive on leaves or twigs, and humans would become lazy, making us turn into a disgrace of earth. so, we know that there are pros and cons of trading,. would do you think? should we go back to trading or not? and what pros and/or cons can you think of for coin payment or trading? please share you thoughts.

  • I think that the bank system should be more careful because anything could happen like the financial crisis and people could lose all of their money and really bad things could happen.

  • Using the final piece feedback form, I would give you a score of : 19/35. I would give you two for explaining your idea. This is because I could understand parts of your reasoning but some were still hard to understand. For example, where you say : LOOK before you borrow a loan. It is hard, in my opinion, to understand what this means. Also, I am finding it hard to understand whether you are insinuating the banks need to change or the general public need to change. On giving reasons for why the idea might help, I gave you a ten. I thought you really explained your idea and how this would make banks safer. On adding a personal story, I gave you five. This is because the story was not fully explained and it did not persuade me as much as the rest of your poster. For include a catchy slogan, I gave you no points. Now, I could not find a slogan on the page; however, if you did have one and I missed it please reply and I will change the points. Finally, for using the skills, I gave you two ( reasoning and open- mindedness). This is because , as I have previously said, you backed your theory up with evidence really well and you were very open - minded for different points of view. However,you did not use skepticism, curiosity or storytelling. You could have added in a question like "Are bankers taking too many risks?" Nevertheless, it was overall a brilliant poster and showed lots of creativity.

  • I would love to read that poster, but I can't see the writing

  • sorry I'll try and maybe write in ink so that you can all see next time.
    Sorry once more

  • I agree, its not ok and they have no right

  • they should make banks safer

  • me too I think that there is not right OR wrong answers in the Financial Crisis because it is just your apinian and what you really think. For example , in engish we are reading a book called Wolves of Willoughby Chase and if the teacher asks you a question it could be wrong because that is not what its talking adout.