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This is a question The Credit Crunch

Did you score a bargain in Woolworths?
Meet someone nice in the queue to withdraw your 10p from Northern Rock?
Get made redundant from the job you hated enough to spend all day on b3ta?

How has the credit crunch affected you?

(, Thu 22 Jan 2009, 12:19)
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Have a click
For a concise explanation, and namecheck for Bremner, Bird and Fortune, who always help me get my head round stuff..

My Dad wants to know why the Government couldn't guarantee everyone's savings, up to the amount they put in (their "Stake" if you will) and after that... let these greedy fuckers go to the wall.. It's either Free-Market or it isn't. If the Government wanted to lend money to get businesses through, why didn't they lend it to the businesses, and stop propping these people up?

Makes me want to weep when I consider that we used to have huge industries, that the government refused to prop up with even tiny sums of money, compared to these huge "Golden Lifebelts"
(, Fri 23 Jan 2009, 10:25, Reply)

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