[pvcprinting]

Discuss

With the announcment yesterday of the goverment bond scheme to try to inject some movement in the financial sector - is this a good thing or a bad thing

Will it simply give a false reading of the economy and fuel another burst of house price increases or will it actually relieve the current financial crackdown

Discuss

[boxby]

I could do with a bit of cash, do you think they'd do the same for me?

[glennmid101]

The Bank of England didnt have much choice, theirs a liquidity problem in the financial markets, and if the banking system went belly up, then we would see a serious depression.

To avoid this again, all financial instuitions should contribute to a lifeboat fund, so when the good times roll, theres money in the kitty, and if something like this happens again, then the market can payout because there would be liquidity at hand.

[batface]

Originally Posted by glennmid101

To avoid this again, all financial instuitions should contribute to a lifeboat fund, so when the good times roll, theres money in the kitty, and if something like this happens again, then the market can payout because there would be liquidity at hand.

I quite agree, but as shareholders and profits are the priority I somehow can't see it actually happening.

Mick

[Credit card crusher]

Fractional reserve banking has made the banks far too greedy and lend money they haven't got.
Now their liquidity is at stake and they want shareholders to bail them out.

Let them sink!