Thursday, December 13, 2007

More borrowed money can’t make up for careless lending

Can central banks stop the credit crunch?

Central banks have announced new plans to save the world from the subprime crisis, but more borrowed money won't make up for careless lending, says John Stepek...

Posted by mary @ 06:20 PM (495 views)
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One thought on “More borrowed money can’t make up for careless lending

  • Lots of common sense in the article – except that most of the people who need to take notice are at a Christmas party or office drink-ups! We must continue to live like celebs – even if we are earning a pittance.

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