bastards

It wont work how they want it to. Reducing rates that much will mean less people investing money into bank accounts, meaning a shortage of money for banks to then loan out. They are punishing the people who were prudent enough not to loan more than they could handle.

You only have to look as far as Japan a decade ago to see this form of economic revival package will not work, and they had lots of factories supplying jobs to the economy!

Posted By: Tony Martin, Mar 5, 12:28:11