Thread: Banks!
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Old 08-10-2008, 15:31   #12
jambutty
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Unhappy Re: Banks!

Quote:
Originally Posted by WillowTheWhisp View Post
But it does, and not only the people with the foreign bank accounts. Banks trade with each other and that is how the whole thing snowballs. Economics is a very funny subject. How do you think banks make the money they pay us in interest on our deposit and savings accounts?
Having just watched “The Greed Game” the whole way through (thanks for the link MargaretR) I am appalled at the ease some individuals have made a fortune way beyond the realms of avarice and safe in the knowledge that if their dealings go wrong, they don’t pick up the tab.

Would the interest that they charge us for loans and gambling on the stock exchange be a clue?
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