No not necessarily
But I guess they're hoping the banks will loosen those purse strings (they wont)
What it will do is allow the banks to borrow more cheaply and re-invest those borrowings in some complex instrument that they don't really understand and don't want to look at too closely but sounds good because everyone else is doing it and they don't want to be left behind by the market. Yes, that worked well last time, let's do that.
Posted By: BerlinCanary on November 6th 2008 at 12:47:19
Message Thread
- Absoultely delighted that the BoE have dropped interest rates by 1.5% (General Chat) - Brom, Nov 6, 12:16:51
- cracker jacker tracker face (n/m) (General Chat) - Tombs, Nov 6, 12:18:32
- wishing that interest rates had risen by 9% (General Chat) - blindasabat, Nov 6, 12:18:10
- I take it you have more savings than borrowings? (General Chat) - malkybarkid, Nov 6, 12:19:12
- yer darn tootin' (n/m) (General Chat) - blindasabat, Nov 6, 12:20:27
- Buy some NCFC shares (n/m) (General Chat) - Holden Caulfield, Nov 6, 12:50:09
- i already have some (n/m) (General Chat) - blindasabat, Nov 6, 13:18:39
- loan a player for a month then (n/m) (General Chat) - camcan, Nov 6, 13:31:08
- how is that going to make me money? (n/m) (General Chat) - blindasabat, Nov 6, 13:38:46
- loan a player for a month then (n/m) (General Chat) - camcan, Nov 6, 13:31:08
- i already have some (n/m) (General Chat) - blindasabat, Nov 6, 13:18:39
- buy some property then (n/m) (General Chat) - Tombs, Nov 6, 12:22:53
- Yup, borrow, borrow and borrow some more! (General Chat) - BerlinCanary, Nov 6, 12:26:37
- that dunt mean property prices are going to start rising though do it? (General Chat) - blindasabat, Nov 6, 12:34:48
- No not necessarily (General Chat) - BerlinCanary, Nov 6, 12:47:19
- ^^^^^ that is very true (General Chat) - Tombs, Nov 6, 12:28:53
- that dunt mean property prices are going to start rising though do it? (General Chat) - blindasabat, Nov 6, 12:34:48
- no (n/m) (General Chat) - blindasabat, Nov 6, 12:25:57
- buy some sweets then (n/m) (General Chat) - Tombs, Nov 6, 12:27:55
- rhubarb and custards or flying saucers or sherbert fountain (n/m) (General Chat) - malkybarkid, Nov 6, 12:31:13
- Don't go into negative equity on Tangfastics. (n/m) (General Chat) - Arizona Bay, Nov 6, 12:32:31
- No, I won't. They make me wink with the eye I can't wink with. (General Chat) - malkybarkid, Nov 6, 12:38:55
- And then have a lie in. (General Chat) - Arizona Bay, Nov 6, 12:47:16
- No, do go into negative equity (General Chat) - Tombs, Nov 6, 12:33:55
- No, I won't. They make me wink with the eye I can't wink with. (General Chat) - malkybarkid, Nov 6, 12:38:55
- Fruit Salads and Black Jacks and some Refreshers and flying saucers (n/m) (General Chat) - Tombs, Nov 6, 12:31:53
- Don't go into negative equity on Tangfastics. (n/m) (General Chat) - Arizona Bay, Nov 6, 12:32:31
- rhubarb and custards or flying saucers or sherbert fountain (n/m) (General Chat) - malkybarkid, Nov 6, 12:31:13
- buy some sweets then (n/m) (General Chat) - Tombs, Nov 6, 12:27:55
- Yup, borrow, borrow and borrow some more! (General Chat) - BerlinCanary, Nov 6, 12:26:37
- Buy some NCFC shares (n/m) (General Chat) - Holden Caulfield, Nov 6, 12:50:09
- yer darn tootin' (n/m) (General Chat) - blindasabat, Nov 6, 12:20:27
- I take it you have more savings than borrowings? (General Chat) - malkybarkid, Nov 6, 12:19:12
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