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  1. #1
    Thailand Expat

    Join Date
    Aug 2008
    Last Online
    17-02-2012 @ 04:10 PM
    Posts
    1,304

    Is it really the bankers fault

    We all presumably enjoy lambasting the bankers /Wall St etc for the current financial mess. but if you analyse the reasons the usual suspect/s surface,

    OUR GOVERMENTS , they supposedly control money supply, well they do , full stop, so if you give money to someone at very low interest rates they will surely accept your offer, be they Banks or individuals,
    Now the Fed Reserve increased the money supply by 70% over GDP, for more than 13 years, so I presume that the Guys at Congress encouraging the unregulated guarantees had no hand in this!!!

    FACT, many banks are now lending at normal rates , and making money, except for the big nasties, they are banking in the old traditional way, the margin between lending and borrowing, remember that!!

  2. #2
    disturbance in the Turnip baldrick's Avatar
    Join Date
    Apr 2006
    Last Online
    Today @ 07:31 PM
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    Heidleberg
    Posts
    21,807
    who is left with the money ?

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