Are there many more out there in the UK who are totally hacked off at this government’s treatment of savers during this financial crisis?
At a time when it’s clear to just about anyone with half a brain, that the present problems stem from excessive borrowing, this wonderful government of ours is doing all it can [...]
Posts Tagged ‘borrowing’
So what about us savers?
Posted in Economics & Finance, Politics, tagged banks, Gordon Brown, financial crisis, borrowing, lending, savings, interest rates on January 19, 2009 | 1 Comment »
The global banking crisis.
Posted in Economics & Finance, tagged banking, borrowing, crisis, debt, interest, solution on October 24, 2008 | Leave a Comment »
Seemingly the problem now is not one of capital but one of liquidity. Apparently the banks are not behaving like banks should. They are not lending money to one another and the whole cyclical system of revolving credit, debt, and repayment is all but frozen.
So how about this suggestion to get things moving. Instead of [...]