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Banks reduce loans, in spite of Funding for Lending 
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Legend

Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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http://www.bbc.co.uk/news/business-21653603

You've never been so shocked ;)

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Mon Mar 04, 2013 11:28 pm
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Legend
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Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
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Hardly surprising. The government want to keep the existing economic model going as long as possible. They are ignoring the fact that we as individuals already have far too much debt. If interest rates were to rise then the numbers of bankruptcies and repossessions will rocket. It is an immense poisoned chalice for which ever government wins the next election.


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Tue Mar 05, 2013 12:35 am
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