Guys,
Have been out of touch for a while. Still am and this may not be relevant, but lots of talk in UK about nationalising all banks if they do not start lending soon. Seems like UK government is frustrated beyond measure about conflicitng figures being submitted by banks and non lending by banks.
By some bank measures their lending is up!!! But by any other measure it is clearly down. Credit is killing business and Brown will not wait long to act. Wonder what KRudd is doing?
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