Tuesday, Oct 28, 2008

The rush to rescue those in debt is cruel on us savers

The Independent: The rush to rescue those in debt is cruel on us savers

"Why save up for a house, holiday, umpteenth pair of shoes, if you could buy at once, confident that the same item would soon cost more – and, in the case of a house, that it would probably make you more money over the same time-scale than most people could ever earn from work."

Posted by becky @ 01:42 PM (315 views) Add Comment

1 Comment

1. quiet guy said...

A nice find Becky. I'm surprised nobody has commented.

Until we have a government and banking system that values saving and thrift, it's hard to see how we can have a really prosperous economy.

Tuesday, October 28, 2008 08:15PM Report Comment
 

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