Tuesday, October 28, 2008

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

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 (732 views)
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One thought on “The rush to rescue those in debt is cruel on us savers

  • 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.

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