Tuesday, Aug 28, 2007
Households, the credit crunch and interest rates.
www.thisismoney.co.uk: Households hurt by crunch
Great article by Deutsch Bank Chief UK economist George Buckley. Reasons the view that banks will want to be paid more when they lend money to their counterparts to compensate for the 'riskier' environment.. The article states that if banks can only get money at a premium then they will likely pass on the extra cost to us!
Posted by loneranger @ 02:38 PM (187 views) Add Comment
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