Re: Hard To Resist.
Originally Posted by
Davenorave
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Giving the damned bone sucking, self-serving bankers a good slap round the lugs.
They have just informed me that the interest rate on my savings account is going down from the amazing
0.10% it is right now. To the despicably low 0.01%
How scummy can these creeps get?
It has to be done. It's one part of the reduction in the standard of living most everyone in the UK will HAVE to accept because of the huge, prolonged, and inevitable austerity that must be imposed.
You 'aint seen nuffin' yet. Moreover the number of defaults that high street banks and financial institutions are going to face means that the profits being made between BoE rates and the operating rates by domestic banks etc will very soon be swallowed by what is coming down the pike and then things will get really nasty.
I absolutely believe that the Brown Bugout should be reversed and HMG treasury take back control of our currency especially BoE interest rates.