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Welcome to Accrington Web! We are a discussion forum dedicated to the towns of Accrington, Oswaldtwistle and the surrounding areas, sometimes referred to as Hyndburn! We are a friendly bunch please feel free to browse or read on for more info. You are currently viewing our site as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, photos, play in the community arcade and use our blog section. Registration is fast, simple and absolutely free, so please, join our community today!

Showing results 1 to 5 of 5 Search took 0.00 seconds. Search: Posts Made By: andrewb

Forum: General Chat 30-01-2009, 06:44

Replies: 21 Bailing Out Banks Views: 657 Posted By andrewb Re: Bailing Out Banks Just as the government are announcing more fiscal stimulus like the VAT decrease, and the cash injection to the banks, Japan has gone into recession. Japan spent more than a decade in recession in...

Forum: General Chat 30-01-2009, 00:17

Replies: 21 Bailing Out Banks Views: 657 Posted By andrewb Re: Bailing Out Banks I must confess, I may not have been telling the whole truth about my quote by 'Karletto Marx'. ;)

Forum: General Chat 29-01-2009, 13:12

Replies: 21 Bailing Out Banks Views: 657 Posted By andrewb Re: Bailing Out Banks "Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes...

Forum: General Chat 28-01-2009, 21:20

Replies: 21 Bailing Out Banks Views: 657 Posted By andrewb Re: Bailing Out Banks Couldn't agree more Eric. Here's a picture of the FTSE 100 stock market levels over 30 years. Note the enormous booms, and busts, after the Bank of England's regulatory powers were removed in 1998. ...

Forum: General Chat 28-01-2009, 15:57

Replies: 21 Bailing Out Banks Views: 657 Posted By andrewb Re: Bailing Out Banks There used to be a balance between how much a bank had in its coffers, and how much it was lending. It would not lend more than it had. Sounds like common sense right? Over the last decade however,...

Showing results 1 to 5 of 5

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