imagine the carnage when rates go up, page-74

Im not sure our banks would be in a great position if rates go up too fast. They have such a HUGE exposure to the mortgage market.
People are already struggling because pay rises are non existent and the cost of living is going through the roof.

Dunno about you guys but most people I know have tried to cut back on just about everything and save where they can....and that's with interest rates where they are now!

Pretty sure our banks won't want too much mortgage arrears on their books. Greedy so and so's.
Hate banks!