Sunday, Feb 17, 2008
We're all lenders now
Monevator: Northern Rock nationalised: A nation now in hock to a housing bubble
The authorities responsible for dealing with the Northern Rock’s collapse have been making poor precedent-setting decisions since day one of this pantomime. None are so significant as nationalisation, however. And unfortunately, even housing bears have now got a vested interest in the housing market not collapsing.
Posted by the investor @ 05:13 PM (192 views) Add Comment
1 Comment
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1. Harry said...
Funny pic -- too apt! :)