In 1960s America, if you lived in the wrong neighbourhood, you wouldn’t get credit. The practice of redlining blocked lending in particular areas – a red line on a map circled ‘unsafe’ zones where lenders wouldn’t go. And evidence grew of low income neighbourhoods, and in particular African American communities, only getting access to loans and mortgages on less favourable terms.
I’m writing this on the way back from Liverpool’s pre-season friendly against Borussia Dortmund. The new-look Liverpool didn’t seem to miss Luis Suarez too much as the Red men harassed and harried their way to a 4-0 victory in the early August sunshine.