Global Economic Downturn

Hector_Nicols_Accordian wrote:That was nice today. The government borrowed a load of our money to lend to the banks in order that they can lend it back to us again. Great idea that one.

I thought this whole crisis was caused by people getting too much credit and borrowing too much money so why are they trying to get the banks to start lending us money again?

And the stupid cut in interest rates. Now the interest people will earn on their savings will be so low compared to inflation that you will lose a lot of money through saving, it's just like being charged to keep your money in the bank which we now part own.

Mr Torrie Wilson wrote:So... I owe myself money?

What if I can't pay? Do I have to take myself to court? The thing is, I wouldn't put it past myself to take matters into my own hands to get my money back. I just know this is going to start with me throwing bricks through my windows and end with me pistol whipping myself in an abandoned warehouse.

ShowStealer wrote:

Mr Torrie Wilson wrote:So... I owe myself money?

What if I can't pay? Do I have to take myself to court? The thing is, I wouldn't put it past myself to take matters into my own hands to get my money back. I just know this is going to start with me throwing bricks through my windows and end with me pistol whipping myself in an abandoned warehouse.

You also owe me money.


And I owe you money...

Hector_Nicols_Accordian wrote:I thought this whole crisis was caused by people getting too much credit and borrowing too much money so why are they trying to get the banks to start lending us money again?