g20 hot air.... no action...market down, page-16

Sorry Brabus - that one went right over my head - but you raise a good point who will give you a loan - that to me seems to be a key issue in the US - did a bit of a search on the net to see what the banls are charging for home loans and it seems many are still paying 5 - 8% even though the banks are getting their money at half a percent or somethign from the fed - seems would be better for the fed to offer to renegotiate loans direct with the poor bloke struggling to pay his house off - drop his rate to say 3% and he can probably afford to pay it and hav some money in his pocket to go out and buy stuff again.

Maybe too simplistic but I am a bit simple sometimes