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uncle_monty

This Article Title Sums Up How Screwed The Uk Is

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"Return of the foreign banks - Chines and Israeli banks offering the best rates"

http://www.timesonline.co.uk/tol/money/pro...icle6727441.ece

Foolishly, I took it to mean some decent saving rates that do not require suicidal lock in periods (3 years +).

Sadly the article refers to mortgage lending.

This country is hooked in debt. Like a cheap addict in the street, we wander around for our next hit.

I despair........ :(

Note: Paper version does not include "mortgage in the title of subtitle"

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So the Chinese are taking advantage of better rates than they can get from elsewhere.

Good for them, but so what?

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Ach, these foreign banks just know a market when they see one.

Britain is a credit junkie nation, and unfortunately the credit dealers (banks) have colluded, failed, and effectively priced themselves out of the market. Chinese capitalists and Israeli/Yank scumbags are diverting their war chests into buying up British land on the cheap.

Get used to it. Everything will be for sale eventually. We sold our souls back in the latter half of last century.

Edited by cashinmattress

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Guest DissipatedYouthIsValuable
"Return of the foreign banks - Chines and Israeli banks offering the best rates"

http://www.timesonline.co.uk/tol/money/pro...icle6727441.ece

Foolishly, I took it to mean some decent saving rates that do not require suicidal lock in periods (3 years +).

Sadly the article refers to mortgage lending.

This country is hooked in debt. Like a cheap addict in the street, we wander around for our next hit.

I despair........ :(

Note: Paper version does not include "mortgage in the title of subtitle"

I propose we give Ireland to the Chinese on a long lease in return for them calling off their debtpushers.

It's got a nice symmetry to it.

Or just Northern Ireland. It does after all have the most highly valued property of Britain, and the Chinese are very decisive when dealing with sectarian issues.

Edited by DissipatedYouthIsValuable

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