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Families saving more money than borrowing for first time in

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Families saving more money than borrowing for first time in

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Amnesia10

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Families saving more money than borrowing for first time in

Families saving more money than borrowing for first time in 20 years

http://www.telegraph.co.uk/finance/pers ... years.html


	Quote: Households last year put £24 billion into deposit accounts and took out £20 billion in new loans. It is the first time since 1988, when the current records began, that savings exceeded new borrowing.

It is a very good this long term but governments should never had allowed it to happen in the first place. A constant driving down of interest rates meant that the savings habit was lost for many.

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Fri Jun 25, 2010 6:05 am

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